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1201 Hawkeye Ave SW Le Mars, IA 51031

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For Sale
$1,399,999

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

Property size:
23,869 SF

Property Features for 1201 Hawkeye Ave SW

General Information

Standard status
Active
Size
23,869 SF

Building Details

Year built
1989

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Listing Contact
Lisa Pageler
Lisa Pageler
Source: Crexi

Listing Agency: 1st Choice Realty Listing Agent: Lisa Pageler

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

60-Unit Hotel in LeMars, Iowa

This 60-unit hotel features interior corridors and is located in a high-traffic area of LeMars, Iowa, near a stop light. The property includes two deluxe suites, four standard suites, ten standard rooms with king beds, forty-three rooms with two double beds, and one standard suite with a queen bed that is ADA compliant. All fixtures, furniture, and equipment are included in the sale. Each room is equipped with a PTAC unit and newer carpet. The hotel spans three floors and offers complimentary breakfast in the dining area. Security cameras are in place. On-site amenities include coin-operated laundry and vending machines. There is an area available that is currently used for storage, but could be converted into an exercise room. The property also features an attached 1800 square foot event room with potential for use as a dining or bar area, including stools, chairs, tables, and a hotdog roller, some of which are unused and still in boxes. The event room has its own bathroom, water heater, and electrical panel. The site provides 64 marked parking spots, along with a large gravel area suitable for trucks, trailers, and larger vehicles. The shingles on the main building were replaced in 2016, and several updates were completed in 2017. The property is within walking distance of 4 Brothers Restaurant, Hy-Vee (Convenient store, Grocery & Deli) Wal-Mart Super Store, and Dollar Tree. LeMars hosts several events that attract visitors, including a five-day County Fair, HomeTown Christmas, and Brown's Theater. Downtown LeMars features an Ice Cream Parlor, Alley Art, shops, Brown's Event Center, and dining options. The LeMars Industrial Park is home to corporations such as Wells Enterprises (Blue Bunny Ice Cream), Kemps Dairy, Bodeans, and Schuster Trucking. Floyd Valley Health Care & Clinic and the City Airport are nearby. Le Mars is the county seat of Plymouth County, Iowa, located 20 miles north of Sioux City. The population was 10,571 at the time of the 2020 census.
Location Intelligence

Current Use by Public Records

Le Mars Inn ... Hotel & Motel

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

Location Insight

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  • Local Demand
City
Le Mars
County
Plymouth
State
Iowa
Longitude
-96.183314
Latitude
42.780506

FAQs

What type of property is this?
Hotel - 60-unit hotel with event room in high-traffic area.
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: - High-traffic location in LeMars with easy access via stop light; - 60-unit hotel with a variety of room types, including suites; - Includes all fixtures, furniture, and equipment (FF&E)
More about this property
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