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Hotel Property with Restaurant and Patio
For Sale
$700,000

301 W Adams St, Creston, IA 50801

Hotel-oriented property with furnished rooms, leased restaurant space, and an outdoor patio.

Property SizeContact for details
Days on Market10

Property Features for 301 W Adams St

General Information

Standard status Active

Additional Details

Patio Yes

Taxes and HOA fees

Annual Taxes $9,848

Building Details

Buildings 1
Listing Agency: Our Town Realty, LLC
Listed By: Kiki Scarberry
Source: Exprealty
Added: Aug 20 Changed: Aug 29 Last Checked: Aug 24 at 5:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Our Town Realty, LLC

Investment Insights

Based on property information with market context.

Built in 1900, this hotel property includes 28 furnished hotel-style rooms along with restaurant space and an outdoor patio. The restaurant and patio are currently leased and generating income, while the remaining rooms require renovation. A newer roof is already in place, providing a completed improvement within the building’s existing configuration.

The property is zoned Business/Commercial and is located at 301 W Adams Street in Creston, Iowa. Its documented use possibilities include extended-stay lodging, workforce housing, hospitality space, and creative mixed-use development.

Key Highlights

  • 28 furnished hotel‑style rooms
  • Leased restaurant space with outdoor patio generating income
  • Remaining rooms require renovation

Property Analytics

Current Use

The Lobby Bar & Pub

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Parking Lot & Garage Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

559
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 62% Shops & Services 38%
Fareway Groceries
10,782 visits/mo 0.2 miles
Napa Auto Parts Shops & Services
2,134 visits/mo 0.2 miles
Spencer's Shops & Services
2,116 visits/mo 0.2 miles
BP Shops & Services
1,869 visits/mo 0.2 miles
Creston Automotive Shops & Services
534 visits/mo 0.1 miles

Demographics for 50801, IA

9,245
Population
4,566
Households
2
Avg Household Size
41
Median Age
26%
College-Educated
95%
High-School Grad
207.2 sq mi
ZIP Area
45
Density / Sq Mi
$55,453
Median Household Income
$35,522
Median Earnings
$676
Median Rent
$120,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Hotel-oriented property with furnished rooms, leased restaurant space, and an outdoor patio.
Where is this hotel located?
The property is located at 301 W Adams St Creston, IA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 28 furnished hotel‑style rooms; Leased restaurant space with outdoor patio generating income; Remaining rooms require renovation
More about this property
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