1905 18th Street Spirit Lake, IA ^$ 1,795,000

1905 18th Street

^$ 1,795,000

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1905 18th Street

Spirit Lake, IA, 51360

^$ 1,795,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 11,052

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Commercial Property for sale in Spirit Lake, IA

for $1,795,000. This building was built in 1962 on a lot size of 2.46.

Investment opportunity in Spirit Lake! This 36-room Travelodge offers strong income potential with summer rates up to $259/night. Features include 22 rooms with two king beds, 14 rooms with one queen plus updated carpet, furniture, and bathrooms. Property includes managerâs quarters, a detached 2-car garage, and an additional 1.089-acre lot for future expansion. Bonus space with endless opportunities Prime location with room to grow!

Commercial Active

Price

^$ 1,795,000

Property Type

Commercial

Taxes

^$ 18,420

Style

Commercial

Lot Size

2.46

Year Built

1962

Town/City

Spirit Lake

County/Region

Dickinson

MLS | Web ID

260269

Features

General

Sewer Public Sewer

Construction Frame/Wood

Heating Heat Pump

Cooling Ductless Unit

Roof Asphalt Metal

current use Hotel/Motel

Flood Zone No

Class COMMERCIAL

Assessments No

Type Commercial

Yearly Taxes 18420.82

Tax Year 2024

Fuel Electric

Status Active

Sale/Rent For Sale

Status Detail 0

Construction Materials Vinyl Siding

Year Built 1962

City Spirit Lake

DOM 5

Potential Short Sale No

Public Remarks Investment opportunity in Spirit Lake! This 36-room Travelodge offers strong income potential with summer rates up to $259/night. Features include 22 rooms with two king beds 14 rooms with one queen

Exterior

Waterfront 0

Lot Size Source Assessor

Water Source Public/City

Parking Features Uncovered/Open

* Excluded Features

List By

Brad Sanderson

Listing Agent

Exit Realty Midwest

Broker

(712) 320-9610

Phone

brad@ExitRealtyMidwest.com

Affordability Calculator

$12,587

Per Month

Monthly Principal & Interest: $11,052
Monthly Property Taxes: $1,535
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Spirit Lake, IA

Average List Price ^$611,655

Percent of Sale Price 66%

About Spirit Lake, IA

5,191 Population

15% Since 2002

^$58,432 Median Income

43.82 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1883306 Elementary School

1883255 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/15/2026	$1,795,000		Listed Price

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1905 18th Street, Spirit Lake, IA, 51360 is a Commercial Property for sale at $1,795,000 with a lot size of 2.46. 1905 18th Street was built in 1962. The property's zip code is 51360 which is in Spirit Lake, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Great Lakes Board of REALTORS service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the the MLS. Data is updated as of 4/17/2026.

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1905 18th Street

Commercial Property for sale in Spirit Lake, IA

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