1201 Hawkeye Ave. SW Le Mars, IA 51031

This commercial property in LeMars, Iowa, features a 60-unit hotel with interior corridors. The unit mix includes two deluxe suites, four standard suites, ten standard rooms with king beds, 43 rooms with two double beds, and one standard suite with a queen ADA bed. All fixtures, furniture, and equipment are included in the sale. Each room has a PTAC unit and newer carpet. The property is located in a high-traffic area near a stop light. The 60 rooms are spread across three floors. A complimentary breakfast is offered in the dining area. Security cameras are in place. On-site coin-operated laundry and vending machines are available. There is an area that could be converted into an exercise room, currently used for storage. Attached is an 1800-square-foot event room with potential for use as a dining or bar area, including stools, chairs, tables, and a hotdog roller. The event room has its own bathroom, water heater, and electrical panel. The site has 64 marked parking spots and a large gravel area for trucks, trailers, and larger vehicles. The shingles on the main building were replaced in 2016, with several updates in 2017. The property is within walking distance of 4 Brothers Restaurant, Hy-Vee (convenience store, grocery, and deli), Wal-Mart Super Store, and Dollar Tree. LeMars hosts several events that draw outside visitors, including a five-day County Fair, HomeTown Christmas, and Brown's Theater. The property is situated on a 2.3-acre lot. Downtown LeMars features an ice cream parlor, alley art, shops, Brown's Event Center, and dining options along HWY 75. 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 less than half a mile away. 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.