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1905 18th Street, Spirit Lake, IA 51360

$1,400,000.00
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Active
MLS#220965
STATUSActive PROPERTY TYPECommercial - Investment

Property Description

36 Room Travelodge hotel centrally located in Spirit Lake Iowa! This property has 22 rooms featuring 2 king beds and it has 14 rooms featuring 1 queen size bed. In the summer rates are up to $279 per night! There are 3 separate buildings and this property had additions 1975, 1987 and 1996. Most of the carpet has been updated as well as the furniture and bathrooms. This property also features managers living quarters with 1 bedroom and 1 bathroom with a detached 2 car garage on the property. Included in the sale is also an extra lot that is 1.089 acres for future expansion. There is also a room that could easily be converted into a conference room or a super bunk room!

Property Features

Property Type: Commercial - Investment
Cooling: Ductless Unit
Days on Market: 60
Fuel Type: Electric
Heating: Heat Pump
Lot Size: 2.46 Acres
Roof Type: Asphalt, Metal
Taxes: $18,980
Year Built: 1962

Feature Descriptions

Construction: Frame/Wood
Current Use: Hotel/Motel
Exterior: Vinyl Siding
Flood Zone: No
Lot Dimensions: 107376
Parcel #: 07-05-252-005 & 07-05-401-019
Parking Features: Uncovered/Open
Property Attached: Yes
Sewer: Public Sewer
Water: Public/City

Listed By / Shown By

Listed By

Agency Name: Jensen Real Estate
Agent Name: Michael Jensen
Agency Phone: (712) 332-8081

Shown By

Agency Title: Hinn Real Estate
Agency Phone:

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