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About This Home

This 0-bedroom, 0-bathroom commercial at 1905 18th Street in Spirit Lake, IA is listed for $1,795,000. Built in 1962, on a N/A lot.

Agent Description

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 manager’s 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!

Key Features

  • Built in 1962

Property Details

1962

Monthly Cost Estimate

$9,600/mo

20% down · 6.5% · 30 years

Principal$1,298
Interest$7,778
Insurance$524

Estimates only. Actual payments may vary.

Location

1905 18th Street

Spirit Lake, IA 51360

Property Details

Construction

Vinyl Siding

Heating

Heat Pump (Heating)

Cooling

Ductless

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1905 18th Street is listed at $1,795,000. The estimated monthly payment is $7,778 based on 20% down at 6.5% interest.

Key features include: Built in 1962.

This property is listed by Brad Sanderson and can be reached at 7123209610 or brad@ExitRealtyMidwest.com.

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BS

Brad Sanderson

Agent at EXIT Realty Midwest

(712) 320-9610

Listed by EXIT Realty Midwest · View on Broker Site

MLS# 260269· Source: listhub· Updated 6 days ago

Copyright © 2026 Iowa Great Lakes Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1905 18th Street, Spirit Lake, IA 51360

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