13-Unit Motel with Two
For Sale
$350,000
138 & 140 9th Street, Lake View, IA 51450
COMMERCIAL, Lake View, IA
Property SizeContact for details
Days on Market232
Property Features for 138 & 140 9th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Assigned
Interior features
Fire Alarm, Smoke Detector
Exterior features
Front Exposure, High Traffic Location, High Visibility, Highway Access
Appliances
Microwave, Refrigerator
Subdivision
Sac
Standard status
Active
APN
811029400013
Taxes and HOA fees
Tax Year
2024
Tax Description
29-87-36 LAKE VIEW INC .52 AC SE SE (Exact Legal to be taken from Abstract(s)
Tax Annual Amount
4108
Legal Description
29-87-36 LAKE VIEW INC .52 AC SE SE (Exact Legal to be taken from Abstract(s)
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace, Space Heater
Cooling system
Ductless
Water source
Public
Building Details
Year built
1957
Building materials
Vinyl Siding
Roof type
Rubber
Listing Agency:
Hometown Realty
(712) 260-5711
Listed By:
Kelly Bierl · License #B64536
(712) 260-5711
Added: Jan 12
Changed: Aug 19
Last Checked: Sep 1 at 5:06PM
MLS# 251611
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 13-unit motel in Lake View, Iowa, is arranged across two separate buildings. One structure contains nine units and the other contains four, creating a straightforward layout for hospitality operations. Guest-room features include microwaves and refrigerators, while fire alarms and smoke detectors provide installed safety equipment. The buildings date to 1957 and feature vinyl siding, rubber roofing, ductless cooling, wall furnaces, and space heaters.
The property has frontage exposure, highway access, and a high-traffic location. It is near Black Hawk Lake, a setting identified with summertime visitors and overnight lodging demand. Public water and public sewer serve the property, and assigned parking is provided.
The property has frontage exposure, highway access, and a high-traffic location. It is near Black Hawk Lake, a setting identified with summertime visitors and overnight lodging demand. Public water and public sewer serve the property, and assigned parking is provided.
Key Highlights
- 13 motel units distributed between two separate buildings
- Nine units in one building and four units in the second
- Near Black Hawk Lake in Lake View, Iowa
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
122
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 51450, IA
1,475
Population
1,038
Households
1.4
Avg Household Size
55
Median Age
29%
College-Educated
97%
High-School Grad
56.6 sq mi
ZIP Area
26
Density / Sq Mi
$77,619
Median Household Income
$47,167
Median Earnings
$633
Median Rent
$177,200
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Black Hawk Lake Summer Water Carnival — 3rd &, Lake St, Lake View, IA 51450
- Lake View Motel & Suites — 804 Madison St, Lake View, IA 51450
Frequently Asked Questions
What type of property is this?
Motel - Nine guest units occupy one building, while four are housed in a second structure.
Where is this motel located?
The property is located at 138 & 140 9th Street Lake View, IA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 13 motel units distributed between two separate buildings; Nine units in one building and four units in the second; Near Black Hawk Lake in Lake View, Iowa
