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    Spirit Lake, IA
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    Spirit Lake, IA Motels for Sale

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    Orleans, IA Arnolds Park, IA Wahpeton, IA Milford, IA West Okoboji, IA Jackson, MN Lake Park, IA Estherville, IA
    36-Room Motel with Expansion Lot
    Updated: Apr 10
    36-Room Motel with Expansion Lot

    1905 18th Street, Spirit Lake, IA 51360

    $1,649,500
    36 guest rooms: 22 with two king beds and 14 with one queen bed
    Updated carpet, furniture, and bathrooms in 14 queen‑bed rooms
    Additional 1.089‑acre lot included for future expansion
    Manager’s quarters and detached 2‑car garage
    Constructed in 1962 with vinyl siding and asphalt and metal roofing
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Spirit Lake, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    34-Unit Budget Inn Motel
    34-Unit Budget Inn Motel

    100 5Th Street, Adair, IA 50002

    $675,000
    6,962 sqft 1.41 AC lot

    34-unit motel property for sale off Interstate 80, offered with furnishings, equipment, and systems included.

    View details
    Underwood Motel & Extended Stay
    Underwood Motel & Extended Stay

    26553 Magnolia Road, Underwood, IA 51576

    $1,200,000
    12,770 sqft 1.37 AC lot

    34-unit motel off I-80 in Underwood, Iowa.

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    Underwood Motel Near I-80
    Underwood Motel Near I-80

    24936 Mulberry Lane, Underwood, IA 51576

    $550,000
    7,752 sqft 1.26 AC lot

    21-unit motel with manager's apartment near I-80.

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    34-Unit Motel Investment
    34-Unit Motel Investment

    100 5Th Street, Adair, IA 50002

    Contact for pricing

    34 well-maintained motel units offered with furnishings and equipment for immediate operation in a high-visibility travel corridor.

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    Off-Market Properties in Spirit Lake, IA

    Consider similar Off-Market properties in Spirit Lake, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2203 Cir W Dr
    HOTEL/MOTEL

    2203 Cir W Dr, Spirit Lake, IA 51360-1065

    $905,000
    Estimated value
    19,080 sqft 1.08 AC lot
    View details
    2704 17th St
    HOTEL/MOTEL

    2704 17th St, Spirit Lake, IA 51360-1081

    $2,600,000
    Estimated value
    22,736 sqft 1.50 AC lot
    View details
    2051 Hwy 9th 9
    HOTEL/MOTEL

    2051 Hwy 9th 9, Spirit Lake, IA 51360-7231

    $215,000
    Estimated value
    5,832 sqft 1.08 AC lot
    View details
    259 242nd Ave
    HOTEL/MOTEL

    259 242nd Ave, Spirit Lake, IA 51360

    $240,000
    Estimated value
    6,930 sqft 0.13 AC lot
    View details
    23131 Nature Ctr Rd
    HOTEL/MOTEL

    23131 Nature Ctr Rd, Spirit Lake, IA 51360-7716

    $325,000
    Estimated value
    7,774 sqft 1.00 AC lot
    View details
    1905 18th St
    HOTEL/MOTEL

    1905 18th St, Spirit Lake, IA 51360-1091

    $255,000
    Estimated value
    5,841 sqft 1.38 AC lot
    View details
    21455 Seward St
    HOTEL/MOTEL

    21455 Seward St, Spirit Lake, IA 51360-7720

    $45,000
    Estimated value
    1,296 sqft 0.23 AC lot
    View details
    21455 Seward St
    HOTEL/MOTEL

    21455 Seward St, Spirit Lake, IA 51360-7720

    $45,000
    Estimated value
    1,296 sqft 0.23 AC lot
    View details

    Spirit Lake, IA Motels Market Trends and Statistics

    Explore 9 motels for sale in Spirit Lake, IA on our real estate platform.

    Sale prices for motels in Spirit Lake, IA average $1,649,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 1

    Demographics Overview

    Population 8,561
    Population Growth (5Y) +4.7%
    Median Household Income $77,464
    College Educated 44.0%

    Taxes & Financing

    Tax Rate (average for all types) 1.70%
    Property Tax per SF $16.92 per SF
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Dickinson County

    New Delisted

    Total CRE Inventory on Market (SF)

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