60-Unit Hotel with Event
1201 Hawkeye Ave. SW Le Mars, IA 51031
1201 Hawkeye Ave. SW, Le Mars, IA, 51031
$1,399,999
For Sale
$1,399,999
COMMERCIAL - LeMars, IA
Lot Size2.30 Acres
Days on Market140
Property Features for 1201 Hawkeye Ave. SW
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- APN
- 1217376004
- Lot size
- 2.30 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PT SE 1/4 SW 1/4 17-92-45 2.4 AC CITY LANDS LEMARS
- Tax Annual Amount
- 26616
Building Details
- Year built
- 1989
- Roof type
- Shingle
Listing agency
1st Choice Realty
(712) 546-5550
Listed by
Lisa Pageler · License #B30185
(712) 546-5550
Added: Mar 5 Updated: Jul 22 at 4:32AM Checked: Jul 23 at 5:06AM
MLS# 832037
Copyright © 2026 Northwest Iowa Regional 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.
Investment Insights
Based on property information with market context.
This for-sale hotel offers 60 rooms distributed across three floors with interior corridors. The room mix includes two deluxe suites, four standard suites, 10 standard rooms with king beds, 43 rooms with two double beds, one standard suite queen-bed ADA room, and additional ADA accommodations. The sale includes all fixtures, furniture, and equipment, with each room having PTAC units and newer carpet. Common amenities include complimentary breakfast in the dining area, security cameras, and an on-site coin-operated laundry and vending. An on-site area currently used for storage was previously set up as an exercise room.
The property also includes an attached event room of approximately 1,800 SF with several stools, chairs, tables, and a hotdog roller, along with a dedicated bathroom, water heater, and electrical panel. The site provides 64 marked parking spaces, plus a large gravel area suitable for truck or trailer parking. Roof shingles were replaced on the main building in 2016, with several updates completed in 2017.
The hotel is located in a high-traffic area of LeMars by a stop light, within walking distance of multiple retail and dining options including 4 Brothers Restaurant, Hy-Vee, Wal-Mart Super Store, and Dollar Tree. The listing notes proximity to several local attractions and the Floyd Valley Health Care and Clinic, with the city airport less than half a mile.
The property also includes an attached event room of approximately 1,800 SF with several stools, chairs, tables, and a hotdog roller, along with a dedicated bathroom, water heater, and electrical panel. The site provides 64 marked parking spaces, plus a large gravel area suitable for truck or trailer parking. Roof shingles were replaced on the main building in 2016, with several updates completed in 2017.
The hotel is located in a high-traffic area of LeMars by a stop light, within walking distance of multiple retail and dining options including 4 Brothers Restaurant, Hy-Vee, Wal-Mart Super Store, and Dollar Tree. The listing notes proximity to several local attractions and the Floyd Valley Health Care and Clinic, with the city airport less than half a mile.
Key Highlights
- 60‑room hotel built in 1989 with interior corridors across 3 floors
- Room mix includes 2 deluxe suites, 4 standard suites, 43 two‑double beds, 10 standard room king beds, and 1 ADA standard suite queen
- Included in the sale: fixtures, furniture, and equipment; each room has a PTAC unit and newer carpet
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Le Mars Inn ...
Hotel & Motel
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FAQs
What type of property is this?
Hotel - Three-floor hotel with 60 rooms, interior corridors, and an attached 1,800 SF event room with private bathroom and utilities.
Where is this hotel located?
The property is located at 1201 Hawkeye Ave. SW Le Mars, IA.
What is the asking price?
The asking price for this property is $1,399,999.
What are key features of this property?
This property features: 60‑room hotel built in 1989 with interior corridors across 3 floors; Room mix includes 2 deluxe suites, 4 standard suites, 43 two‑double beds, 10 standard room king beds, and 1 ADA standard suite queen; Included in the sale: fixtures, furniture, and equipment; each room has a PTAC unit and newer carpet