60-Unit Hotel with Event
1201 Hawkeye Ave. SW Le Mars, IA 51031
For Sale
$1,399,999
COMMERCIAL - LeMars, IA
Lot Size2.30 Acres
Days on Market146
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
Changed: Jul 29
Last Checked: Jul 29 at 12:06PM
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 features 60 guest rooms spread across three floors, including 2 deluxe suites and multiple standard suite and standard room configurations, including an ADA standard suite. Interior corridors connect the rooms, and the sale includes fixtures, furniture, and equipment. Each room is equipped with a PTAC unit, and updates noted include newer carpet. The property includes complimentary breakfast in the dining area, on-site coin-operated laundry and vending, and security cameras.
The site offers 64 marked parking spots around the property plus a large gravel area suitable for truck, trailer, or larger vehicle parking. Exterior updates noted include shingle replacement on the main building in 2016 and several updates in 2017. An attached event room of approximately 1,800 SF includes its own bathroom, water heater, and electrical panel, and is currently used for storage.
Additional amenities and nearby services are described within walking distance, including local dining and retail destinations. The property is also noted as being located in a high-traffic area in LeMars by a stop light.
The site offers 64 marked parking spots around the property plus a large gravel area suitable for truck, trailer, or larger vehicle parking. Exterior updates noted include shingle replacement on the main building in 2016 and several updates in 2017. An attached event room of approximately 1,800 SF includes its own bathroom, water heater, and electrical panel, and is currently used for storage.
Additional amenities and nearby services are described within walking distance, including local dining and retail destinations. The property is also noted as being located in a high-traffic area in LeMars by a stop light.
Key Highlights
- 60‑room hotel built in 1989 with interior corridors and room mix including 2 deluxe suites, 4 standard suites, and ADA‑accessible suite
- PTAC in every unit; newer carpet and shingle roof replacement on the main building in 2016 with updates in 2017
- On‑site coin‑operated laundry and vending; security cameras in place
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Hotel - Hotel property with 60 guest rooms on three floors, including deluxe and standard suite configurations and an attached event room.
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 and room mix including 2 deluxe suites, 4 standard suites, and ADA‑accessible suite; PTAC in every unit; newer carpet and shingle roof replacement on the main building in 2016 with updates in 2017; On‑site coin‑operated laundry and vending; security cameras in place
