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Lake View Motel Opportunity

138 & 140 9th Street Lake View, IA 51450

138 & 140 9th Street, Lake View, IA, 51450
$350,000
For Sale
$350,000

COMMERCIAL - Lake View, IA

Days on Market186

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
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

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
9 Eighth St. SE, Spencer, IA
Listed by Kelly Bierl · License #B64536
Added: Jan 12 Checked: Jul 17 at 3:06 pm
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.

Located in Lake View, Iowa, this commercial property features a 13-unit motel, presenting an opportunity in a community known as a summertime destination near Black Hawk Lake. The motel comprises two separate buildings: one with nine guest units and the other with four, offering practical operations and flexible use. The property benefits from strong seasonal tourism, driven by lake weekends, community events, and returning visitors. This hospitality investment is rooted in a town where summer consistently drives overnight activity, accommodating both weekend travelers and longer-stay guests.

Key Highlights

  • 13‑unit motel with two separate buildings: nine guest units plus four guest units
  • Ductless cooling, wall furnace heat, and space heater heat for guest comfort
  • Public water and public sewer service

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Motels

Suggested Use

Auto Parts Store (Bike/Boat/Book/etc) Store Pharmacy Bakery Kitchen & Bath Showroom Butcher Dental Office Veterinary Clinic Home Appliance Store Big Box & Wholesale Store

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

Similar Off Market Nearby

  • Lake View Motel & Suites — 804 Madison St, Lake View, IA 51450
  • Black Hawk Lake Summer Water Carnival — 3rd &, Lake St, Lake View, IA 51450

FAQs

What type of property is this?
Motel - 13-unit motel in Lake View, Iowa, near Black Hawk Lake.
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‑unit motel with two separate buildings: nine guest units plus four guest units; Ductless cooling, wall furnace heat, and space heater heat for guest comfort; Public water and public sewer service
Contact an agent
More about this property
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