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13-Room Bed and Breakfast
New
For Sale
$3,910,000

23131 Nature Center Road, Spirit Lake, IA 51360

Spirit Lake, IA

Property Size10,000 SF
Lot Size2.00 Acres
Price / SF$391
Days on Market2

Property Features for 23131 Nature Center Road

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Lot size 2.00 Acres

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Amenities

private en-suite bathroom
fireplace
refrigerator
whirlpools
verandas
24-seat dining room
baby grand piano
lobby
retail space
second floor sitting area with coffee station
Garden Level den with kitchenette
pool table
television
electric fireplace
wraparound veranda
courtyard pavilion
gazebo
garden paths
rear patio with wood-burning fireplace
EV chargers
irrigation
commercial kitchen
washer/dryer sets

Building Details

Year built 1999
Listing Agency: NextHome At The Lakes
Listed By: Katie Slater
Added: Oct 24 Last Checked: Oct 25 at 4:06PM
MLS# 261392

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 13-room bed and breakfast occupies approximately 10,000 square feet on two acres and was built in 1999. Each guest room or suite has a private bathroom, fireplace, and refrigerator; eight include whirlpools. Shared facilities include a 24-seat dining room, lobby with retail area, second-floor sitting room, and Garden Level den with kitchenette and pool table. Landscaped grounds feature a wraparound veranda, courtyard pavilion, gazebo, garden paths, and a rear patio with a wood-burning fireplace.

The property also includes a 1,793-square-foot, one-bedroom owner/manager residence with an office/front desk area, private entrance, verandas, and attached two-car garage. Operational features include a commercial kitchen, three washer/dryer sets, 15 parking spaces, two Level 2 EV chargers, and well-fed irrigation. Six cascading tankless water heaters were installed in 2025, alongside guest-room renovations and other improvements.

The sale includes the operating hospitality business and its furniture, fixtures, equipment, guest-room contents, guest data, advanced reservations, website, domains, photography, and digital assets. The owner/manager residence will be vacant at closing.

Key Highlights

  • 13 guest rooms across approximately 10,000 square feet on two acres
  • Eight accommodations feature whirlpools; all guest rooms or suites have private bathrooms and fireplaces
  • Owner/manager residence measures 1,793 square feet and includes an attached two‑car garage

Property Analytics

Current Use

Bed & breakfasts

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

97
Businesses Nearby
Well-served
Demand for This Use

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

Similar Off Market Nearby

  • The Oakwood Inn — 23131 Nature Center Rd, Spirit Lake, IA 51360
  • Okoboji Suites — 2323 165th St, Spirit Lake, IA 51360

Frequently Asked Questions

What type of property is this?
Bed & breakfast - Guest accommodations pair private bathrooms and fireplaces with shared dining, lounge, and outdoor gathering areas.
Where is this bed & breakfast located?
The property is located at 23131 Nature Center Road Spirit Lake, IA.
What is the asking price?
The asking price for this property is $3,910,000.
What are key features of this property?
This property features: 13 guest rooms across approximately 10,000 square feet on two acres; Eight accommodations feature whirlpools; all guest rooms or suites have private bathrooms and fireplaces; Owner/manager residence measures 1,793 square feet and includes an attached two‑car garage
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