36-Room Hotel with Manager
1905 18th Street Spirit Lake, IA 51360
1905 18th Street, Spirit Lake, IA, 51360
$1,695,000
For Sale
$1,695,000
COMMERCIAL - Spirit Lake, IA
Lot Size1.09 Acres
Days on Market105
Property Features for 1905 18th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Covered
- Standard status
- Active
- APN
- 0705252005
- Lot size
- 1.09 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- AUD PLAT 108 & LOT 1 BEDELL'S SECOND ADD
- Tax Annual Amount
- 18421
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Ductless
- Water source
- Public
Building Details
- Year built
- 1962
- Building materials
- Vinyl Siding
- Roof type
- Asphalt, Metal
Listing agency
EXIT Realty Midwest
(712) 336-3405
Listed by
Brad Sanderson · License #B41901
(712) 320-9610
Added: Apr 10 Updated: Jul 11 at 2:35AM Checked: Jul 23 at 7:06AM
MLS# 260269
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This property is a 36-room Travelodge configured with 22 rooms featuring two king beds, plus 14 rooms with one queen. The listing notes updates in those 14 rooms, including updated carpet, furniture, and bathrooms. The building also includes manager’s quarters, providing on-site accommodations tied to property operations.
The hotel is located at 1905 18th Street in Spirit Lake, Iowa (Dickinson County). In addition to the main facility, the property includes a detached 2-car garage and an extra 1.089-acre lot listed as available for future expansion.
For buyers considering hospitality ownership, the unit mix supports multiple lodging configurations across the property, with documented updates to a portion of the rooms. The combination of on-site manager’s quarters, detached garage space, and an additional lot can be useful for operators evaluating day-to-day management and potential site development options within the same ownership structure.
The hotel is located at 1905 18th Street in Spirit Lake, Iowa (Dickinson County). In addition to the main facility, the property includes a detached 2-car garage and an extra 1.089-acre lot listed as available for future expansion.
For buyers considering hospitality ownership, the unit mix supports multiple lodging configurations across the property, with documented updates to a portion of the rooms. The combination of on-site manager’s quarters, detached garage space, and an additional lot can be useful for operators evaluating day-to-day management and potential site development options within the same ownership structure.
Key Highlights
- 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
Property Analytics
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FAQs
What type of property is this?
Hotel - 36-room Travelodge in Spirit Lake with a manager’s quarters and an additional lot for potential expansion.
Where is this hotel located?
The property is located at 1905 18th Street Spirit Lake, IA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: 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
