1726 Lake Ave, Storm Lake,
IA 50588
MLS # 211006
$1,999,000
- N/A
- N/A
- N/A
- Active
General Description
The Quality Inn is surrounded by retail, restaurants, and all the recreational amenities Storm Lake has to offer. The hotel's close proximity to Buena Vista Univ and other major businesses in the community offer exceptional opportunity for partnerships. Gross revenue and NOI exceptional in 2021. Solid demand. Kings Point Water Park and the lake itself have elevated overall tourism to the region. The Quality Inn benefits greatly from these visitors, including spikes in summer travel. The hotel dons a pool with two suites. It is one of only two hotels in Storm Lake that offer the opportunity for pool access. MAJOR investments made including but not limited to new beds/furniture, carpet, and a new roof in 2021. All investments and upgrades required to meet Quality Inn franchise standards have been met. Take advantage of Iowa's low hotel transfer rate. The convenient location near HWY 71 offers even more marketability. Financials and reports available on request.Legal:34-91-37 STORM LAKE CORP WASH PARC NE COR NE NW
Status:
Active
Property Information
211006
$1,999,000
Sale
Commercial
COMMERCIAL
1726 Lake Ave
Storm Lake
IA
50588
0
0
0
0
0
36702
2020
1997
Listed By
RE/MAX Preferred
Jeff Carlson
PROPERTY LOCATION
MORTGAGE CALCULATOR
RE/MAX Lakes Realty
Licensed in Iowa and Minnesota. Each Office Independently Owned and Operated
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COMMUNITY
The Boonedocks
The Boonedocks is your one-stop-shop! They have it all. Full selection of beer, wine, grocery items, and of course gasoline. Located right in Arnolds Park!
The Inn of Okoboji
3301 Lakeshore Drive
Okoboji, IA 51355
WEBSITE
For a little History of The Inn dating back to the 1890's CLICK HERE
The Inn at Okoboji offers so much to do and so much history. Located on 500 feet of West Okoboji Lake lakeshore, the views are amazing. The Inn is a hotel/resort, with a dining and a full service facility designed for meetings, gatherings, events and weddings.
Also, The Inn has a 9 hole executive golf course and is partnered with other local golf courses in the Iowa Great Lakes Area. They also have in door and out door pools with a hot tub, docks, and an on-site boat lift
If you are looking for a family friendly place to watch the fireworks on the 4th of July while avoiding the congestion of the Amusement Park area, this is your spot. You don't have to be a guest of the hotel, but the 500 feet of lakeshore provide ample seating for hundreds of people to have a good time. They offer live music and offer hot dogs and hamburgers, so come enjoy the day and stay for the fireworks.
Ruthven Meat Locker
Ruthven Meat Locker is a local family owned business. Ruthven Locker at the Lakes is their 2nd retail store (with the original Meat Processing plant being a staple in the small town of Ruthven, Iowa). They are a full service meat shop providing their customers with excellent high quality cuts of beef & pork. Also provided are smoked meat snacks which they make right on site in Ruthven. Sure to please even the pickiest of palates! Ruthven Meat Locker prides themselves on promoting other local small businesses by selling them in our Spirit Lake store. You find everything from fine wood pieces to local honey, microgreens, baked goods, and delicious cheesecake. The Butcher’s Wife is always available to answer your questions and take special orders. Come on in and you’ll soon see that the rumors are true!