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31229694
31229709

1201 Hawkeye Ave SW, Le Mars, IA 51031

LP
IA B30185
1st Choice Realty
Listed by 1st Choice Realty
$1,399,999
87 days on market
Updated 87 days ago
Opportunity zone

LeMars Inn & Suites

Details
Property Type Hospitality
Sub Type Hotel
Square Footage 23,869
Beds 60
Price per SqFt $59
Year Built 1989
Year Renovated (2016) (2017)
Buildings 1

Business Opportunity or a good Investment

Marketing description

60 Unit Hotel - 2 Deluxe Suites, 4 Standard Suites, 10 Standard Room King Beds, 43 Two Double Beds & 1 Standard Suite Queen Bed ADA. Priced at $23,333/per Unit - Interior corridors; Included in this sale are all Fixtures, Furniture and Equipment. Each has PTAC unit, Newer Carpet, Located in the High Traffic Area in LeMars by a stop light. The 60 Rooms expand over 3 Floors. Complimentary Breakfast offered in the dining area. Security Cameras in place. On Site Coin Operated W/D & Vending. Area available for an Exercise Room-now used for storage. Attached is an Event Room 1800 SF - so much potential could make into dining/bar, includes several stools, chairs, tables, hotdog roller, etc. some in boxes unused. Has its own Bathroom, water heater and electrical panel. The Site has 64 Marked parking spots around the property along with a very large gravel area for truck/trailers/larger vehicles. Shingles replaced on main building 2016, several updates 2017. Walking distance to 4 Brothers Restaurant, Hy-Vee (Convenient store, Grocery & Deli) Wal-Mart Super Store, Dollar Tree. LEMARS HOSTS SEVERAL EVENTS THAT DRAW OUTSIDE VISITORS - 5 day County Fair, HomeTown Christmas, Brown's Theater to name a few. Downtown LeMars Feature Ice Cream Parlor, Alley Art, Several Nice Shops, Brown's Event Center, Several Dining Choices throughout and along HWY 75. LeMars Industrial Park is home to several Corporations - Wells Enterprises, (Blue Bunny Ice Cream) Noted 'Ice Cream Capital of the World', Kemps Dairy, Bodeans, Schuster Trucking and many more. Floyd Valley Health Care & Clinic - City Airport is less than half a Mile. Le Mars is the County seat of Plymouth County, Iowa. It is located 20 miles North of Sioux City. The population was 10,571 at the time of the 2020 census. A Growing City with a Desirable Quality of Life & Future Plans for Growth. Financials shared once a confidentiality agreement is signed by prospected Buyer(s)

Investment highlights

Listing Contacts

LP
IA B30185
1st Choice Realty
Listed by 1st Choice Realty

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Zoning

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B-2 CommercialGeneral CommercialGeneral Business District
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Last updated Mar 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
LISA PAGELER
License
B30185
Brokerage
1st Choice Realty
Brokerage Phone
7125465550
Title
Broker
Brokerage Address
20 Central Avenue Northeast
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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