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    100 Hill Ave Spirit Lake, IA 51360

    For Sale
    $799,000

    Resort - Spirit Lake, IA

    Property size:
    3,410 SF
    Days on Market:
    29
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 100 Hill Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    03-33-127-022 TBD
    Parking features
    Driveway
    Size
    3,410 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Ductless

    Building Details

    Year built
    1964
    Building materials
    Wood Siding
    Architectural style
    Other

    Jensen Real Estate (712) 320-7245 [email protected]

    Listing agent Michael Jensen (712) 332-8081 License #B58673

    Listing date Nov 7, 2025

    MLS# 251434 Listing URL

    Copyright © 2025 Iowa Great Lakes Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Resort Investment Opportunity

    This is a turnkey investment opportunity to acquire a fully operational, year-round resort located directly across from Big Spirit Lake in Spirit Lake, Iowa. The well-maintained property features six fully furnished, modern suites. Each suite includes a kitchen, smart TV, and upscale amenities. The resort provides ample boat parking and outdoor grilling spaces. Its location offers easy access to local attractions, beaches, and recreational activities. The property has a strong rental history and is situated in the Iowa Great Lakes region. The property size is 3410 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Resorts

    Suggested Use

    Restaurant Realty agency Law Firm Wholesale Shop Auto Repair Shop Hotel & Motel Kitchen & Bath Storage Facility Electronics Store Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spirit Lake
    County
    Dickinson
    State
    Iowa
    Longitude
    -95.1026181
    Latitude
    43.4447175

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    FAQs

    What type of property is this?
    Resort - Fully operational, six-unit resort near Big Spirit Lake, Iowa.
    Where is this resort located?
    The property is located at 100 Hill Ave Spirit Lake, IA.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Turnkey, fully furnished 6-unit resort directly across from Big Spirit Lake.; - Strong rental history and year-round operation.; - Prime location in the Iowa Great Lakes region with easy access to attractions and beaches.
    (712) 332-8081
    Request Owner's contact information
    100 Hill Ave Spirit Lake, IA 51360
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    100 Hill Ave Spirit Lake, IA 51360
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