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- LoopNet Team
1726 Lake Ave
Storm Lake, IA 50588
Quality Inn - Storm Lake · Hospitality Property For Sale · 28,147 SF
INVESTMENT HIGHLIGHTS
- Great location between two major highways.
- New roof - 2021. New furniture and beds - 2019. Renovations up to Quality Inn standards.
- Near college, major employers, and all lake amenities.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2004 |
| Building Class | C | Parking Ratio | 2.42/1,000 SF |
| Lot Size | 3.13 AC | Corridor | Interior |
| Building Size | 28,147 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.13 AC |
| Building Size | 28,147 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1997/2004 |
| Parking Ratio | 2.42/1,000 SF |
| Corridor | Interior |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ABOUT 1726 LAKE AVE , STORM LAKE, IA 50588
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 University and other major businesses in the community offer exceptional opportunity for partnerships. 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. Each include viewing balconies overlooking the pool area and whirlpool jacuzzi. It is one of only two hotels in Storm Lake that offer the opportunity for pool access. MAJOR investments have been made into the property over the last two years including but not limited to new beds/furniture 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 of this 60 room property. Boating, fishing for walleye, hiking and bike trails, and enjoying lakeshore views from a variety of parks are all part of what makes Storm Lake a tranquil destination for visitors from all over the region.
PROPERTY TAXES
| Parcel Number | 10-34-126-014 | Improvements Assessment | $1,177,460 |
| Land Assessment | $472,430 | Total Assessment | $1,649,890 |
PROPERTY TAXES
ZONING
| Zoning Code | C (Commercial) |
| C (Commercial) |
