Travelodge Motel with Expansion
For Sale
$1,649,500
1905 18th Street, Spirit Lake, IA 51360
COMMERCIAL, Spirit Lake, IA
Property SizeContact for details
Days on Market142
Property Features for 1905 18th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Covered
Subdivision
Dickinson
Standard status
Active
APN
0705252005
Taxes and HOA fees
Tax Year
2024
Tax Description
AUD PLAT 108 & LOT 1 BEDELL'S SECOND ADD
Tax Annual Amount
18421
Legal Description
AUD PLAT 108 & LOT 1 BEDELL'S SECOND ADD
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Ductless
Water source
Public
Building Details
Year built
1962
Building materials
Vinyl Siding
Roof type
Asphalt, Metal
Listing Agency:
EXIT Realty Midwest
(712) 336-3405
Listed By:
Brad Sanderson · License #B41901
(712) 320-9610
Added: Apr 10
Changed: Aug 28
Last Checked: Aug 29 at 5:06AM
MLS# 260269
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 36-room Travelodge motel was built in 1962 and includes a defined mix of guest accommodations. Twenty-two rooms have two king beds, while 14 rooms feature one queen bed along with updated carpet, furniture, and bathrooms. The property also provides manager's quarters and a detached 2-car garage.
An additional 1.089-acre lot accompanies the motel for future expansion. Building systems include vinyl siding, heat pump heating, ductless cooling, public water, public sewer, and asphalt and metal roofing. The property is located at 1905 18th Street in Spirit Lake, Iowa, with covered parking available.
An additional 1.089-acre lot accompanies the motel for future expansion. Building systems include vinyl siding, heat pump heating, ductless cooling, public water, public sewer, and asphalt and metal roofing. The property is located at 1905 18th Street in Spirit Lake, Iowa, with covered parking available.
Key Highlights
- 36‑room Travelodge motel built in 1962
- 22 rooms with two king beds; 14 rooms with one queen bed
- Updated carpet, furniture, and bathrooms in 14 rooms
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
440
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 51360, IA
8,553
Population
6,638
Households
1.3
Avg Household Size
49
Median Age
35%
College-Educated
97%
High-School Grad
105.2 sq mi
ZIP Area
81
Density / Sq Mi
$77,464
Median Household Income
$41,043
Median Earnings
$1,005
Median Rent
$256,000
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Super 8 by Wyndham Spirit Lake/Okoboji — 2203 Circle Dr W, Spirit Lake, IA 51360
- GREAT LAKES INN — 1905 18th st, spirit lake, ia 51360
- Travelodge by Wyndham Spirit Lake/Okoboji — 1905 18th St, Spirit Lake, IA 51360
- Ramada by Wyndham Spirit Lake/Okoboji — 2704 17th St, Spirit Lake, IA 51360
- Spirit Lake Memorial — IA-9, Spirit Lake, IA 51360
Frequently Asked Questions
What type of property is this?
Motel - Lodging property with manager accommodations, covered parking, and a separate parcel designated for future expansion.
Where is this motel located?
The property is located at 1905 18th Street Spirit Lake, IA.
What is the asking price?
The asking price for this property is $1,649,500.
What are key features of this property?
This property features: 36‑room Travelodge motel built in 1962; 22 rooms with two king beds; 14 rooms with one queen bed; Updated carpet, furniture, and bathrooms in 14 rooms
