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Spirit Lake, IA Hotels for Sale

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Orleans, IA Okoboji, IA Arnolds Park, IA Wahpeton, IA Milford, IA West Okoboji, IA Jackson, MN Lake Park, IA
36-Room Hotel with Manager Quarters
Updated: Apr 10
36-Room Hotel with Manager Quarters

1905 18th Street, Spirit Lake, IA 51360

$1,695,000
36‑room Travelodge, with summer rates up to $259/night
Unit mix: 22 rooms with two king beds and 14 rooms with one queen
14 queen rooms feature updated carpet, furniture, and bathrooms
Year built 1962; heating via heat pump and ductless cooling
Public water and public sewer service
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 1 Active listings in Spirit Lake, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

60-Unit Hotel with Event Room
60-Unit Hotel with Event Room

Le Mars, IA 51031

$1,399,999
2.30 AC lot

Hotel property with 60 guest rooms on three floors, including deluxe and standard suite configurations and an attached event room.

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60-Unit Hotel in LeMars, Iowa
60-Unit Hotel in LeMars, Iowa

1201 Hawkeye Ave SW, Le Mars, IA 51031

Contact for pricing
23,869 sqft

60-unit hotel with event room in high-traffic area.

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Sioux Falls Commercial Property For Sale
Sioux Falls Commercial Property For Sale

1000 South Grange Avenue, 1201 W. 18th Street, Sioux Falls, SD 57104

$3,200,000

Two-building commercial property with strong revenue potential in Sioux Falls.

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Full-Service Hotel with Waterpark
Full-Service Hotel with Waterpark

1301 W Russell St, Sioux Falls, SD 57104

Contact for pricing

Fee simple sale of a 150-key Ramada by Wyndham hotel with an indoor waterpark and 5,000 sq. ft. of event space.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Development Land with IDD Zoning
Commercial Development Land with IDD Zoning

21133 775th St, Albert Lea, MN 56007

$975,000
6.50 AC lot

6.5-acre parcel off Interstate 35 with IDD zoning and city utilities available for a wide range of commercial uses.

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Prime Corner Land in Waukee
Prime Corner Land in Waukee

Outlot W Grand Prairie Parkway, Waukee, IA 50263

$3,920,400
4.56 AC lot

4.56 acres in Iowa's fastest growing community.

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Commercial Development Land Lot
Commercial Development Land Lot

N 2nd Avenue, Waite Park, MN 56387

$309,900
0.88 AC lot

Nearly an acre of commercial land with strong intersection exposure on 2nd Avenue North in Waite Park.

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Grinnell Development Land For Sale
Grinnell Development Land For Sale

500 Lang Creek Avenue, Grinnell, IA 50112

$802,593
3.35 AC lot

Prime commercial land with high visibility and traffic volume.

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Off-Market Properties in Spirit Lake, IA

Consider similar Off-Market properties in Spirit Lake, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2203 Cir W Dr
HOTEL/MOTEL

2203 Cir W Dr, Spirit Lake, IA 51360-1065

$930,000
Estimated value
19,080 sqft 1.08 AC lot
View details
2704 17th St
HOTEL/MOTEL

2704 17th St, Spirit Lake, IA 51360-1081

$2,700,000
Estimated value
22,736 sqft 1.50 AC lot
View details
2051 Hwy 9th 9
HOTEL/MOTEL

2051 Hwy 9th 9, Spirit Lake, IA 51360-7231

Value Estimation by Request
5,832 sqft 1.08 AC lot
View details
259 242nd Ave
HOTEL/MOTEL

259 242nd Ave, Spirit Lake, IA 51360

Value Estimation by Request
6,930 sqft 0.13 AC lot
View details
23131 Nature Ctr Rd
HOTEL/MOTEL

23131 Nature Ctr Rd, Spirit Lake, IA 51360-7716

Value Estimation by Request
7,774 sqft 1.00 AC lot
View details
1905 18th St
HOTEL/MOTEL

1905 18th St, Spirit Lake, IA 51360-1091

Value Estimation by Request
5,841 sqft 1.38 AC lot
View details
21455 Seward St
HOTEL/MOTEL

21455 Seward St, Spirit Lake, IA 51360-7720

Value Estimation by Request
1,296 sqft 0.23 AC lot
View details
21455 Seward St
HOTEL/MOTEL

21455 Seward St, Spirit Lake, IA 51360-7720

Value Estimation by Request
1,296 sqft 0.23 AC lot
View details

Spirit Lake, IA Hotels Market Trends and Statistics

Explore 9 hotels for sale in Spirit Lake, IA on our real estate platform.

Sale prices for resorts in Spirit Lake, IA average $1,695,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 1

Demographics Overview

Population 8,561
Population Growth (5Y) +4.7%
Median Household Income $77,464
College Educated 44.0%

High-Yield Neighborhoods for Investment

Identify Spirit Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
51360 $1.7M

Taxes & Financing

Tax Rate (average for all types) 1.70%
Property Tax per SF $16.92 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Dickinson County

New Delisted

Total CRE Inventory on Market (SF)

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