34-Unit Hotel
For Sale
$957,500
1530 Main Street, Osage, IA 50461
COMMERCIAL - Osage, IA
Property SizeContact for details
Lot Size1.22 Acres
Days on Market150
Property Features for 1530 Main Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
Commercial
Lot features
Close to Shopping, Resident Manager, Pets Approved
Directions
Optimally situated on U.S. Hwy. 218, IA Hwy. 9, and Main Street
Standard status
Active
APN
1025226024
Lot size
1.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Mitchell County, Iowa PIN's 1025226024 and 1025226026
Tax Annual Amount
30088
Legal Description
Mitchell County, Iowa PIN's 1025226024 and 1025226026
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Natural Gas, Electric (Heating), Forced Air
Cooling system
Central Air, Multi Units
Amenities
manager's apartment
separate double garage
business center
guest laundry
daily housekeeping
24-hour front desk
parking for buses, trailers, RVs, and trucks
Building Details
Year built
2000
Flooring type
Concrete
Building materials
Frame
Roof type
Composition
Listing Agency:
Kolbet Realtors
(641) 732-3337
Listed By:
Kevin Kolbet · License #B01509
(641) 732-3337
Added: Mar 24
Changed: Aug 18
Last Checked: Aug 20 at 11:06AM
MLS# 20261162
Copyright © 2026 Northeast 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 34-unit hotel is situated on a 1.216-acre lot and constructed with frame materials. The property was built in 2000 and includes concrete flooring and a composition roof. Heating is provided via forced air with electric and natural gas options, and cooling is available with central air across the multi-unit setup.
The hotel is located at the east entrance to Osage, the county seat of Mitchell County, along US Highway 218, IA Highway 9, and Main Street (one and the same) with the highest traffic count in the area. On-site amenities and operating features include a manager’s apartment, a separate double garage, a business center, guest laundry, daily housekeeping, and a 24-hour front desk. Parking is provided for buses, trailers, RVs, and trucks.
Utilities include water available and public sewer. All fixtures, equipment, and furnishings are included in the sale.
The hotel is located at the east entrance to Osage, the county seat of Mitchell County, along US Highway 218, IA Highway 9, and Main Street (one and the same) with the highest traffic count in the area. On-site amenities and operating features include a manager’s apartment, a separate double garage, a business center, guest laundry, daily housekeeping, and a 24-hour front desk. Parking is provided for buses, trailers, RVs, and trucks.
Utilities include water available and public sewer. All fixtures, equipment, and furnishings are included in the sale.
Key Highlights
- 34‑unit hotel on a 1.216‑acre lot
- Built in 2000 with frame construction and composition roof
- 24‑hour front desk, daily housekeeping, business center, and guest laundry
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
Explore this area
Business Placement
Demographics for 50461, IA
5,605
Population
2,564
Households
2.2
Avg Household Size
45
Median Age
23%
College-Educated
94%
High-School Grad
177.6 sq mi
ZIP Area
32
Density / Sq Mi
$66,004
Median Household Income
$44,332
Median Earnings
$748
Median Rent
$158,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - 34-unit hotel on a 1.216-acre lot with central air, forced-air heating, and guest services including a 24-hour front desk.
Where is this hotel located?
The property is located at 1530 Main Street Osage, IA.
What is the asking price?
The asking price for this property is $957,500.
What are key features of this property?
This property features: 34‑unit hotel on a 1.216‑acre lot; Built in 2000 with frame construction and composition roof; 24‑hour front desk, daily housekeeping, business center, and guest laundry
