About 1501 Hill Ave
Eight-Unit Apartment Building on the Avenue. Now is the time to invest in Downtown Spirit Lake. Hill Avenue is experiencing exciting revitalization, making this an ideal opportunity to own a strong income-producing property in the heart of it all. This well-maintained building features eight 2-bedroom, 1-bath apartments, each with garage parkingâa highly desirable amenity for renters. The property also offers: Clean, spacious basement, on-site washers and dryers, ample tenant storage space. Residents will love being just steps from downtown retail shops, restaurants, and entertainment. Location, functionality, and steady rental appeal make this a smart addition to any investment portfolio. An investment property you truly have to see to appreciate.
Commercial property for sale in Spirit Lake, IA at 1501 Hill Ave. This Commercial property is priced at $112/sqft.
Features of 1501 Hill Ave
| MLS® # | 260047 |
|---|---|
| Price | $900,000 |
| Square Footage | 8,064 |
| Acres | 0.34 |
| Year Built | 1969 |
| Type | Commercial |
| Sub-Type | Commercial Property For Sale |
| Status | Active |
Community Information of 1501 Hill Ave
| Address | 1501 Hill Ave |
|---|---|
| Area | Dickinson |
| Subdivision | IA |
| City | Spirit Lake |
| State | IA |
| Zip Code | 51360 |
Amenities of 1501 Hill Ave
| Parking Spaces | 8 |
|---|---|
| Parking | Detached Garage |
| Is Waterfront | No |
Interior of 1501 Hill Ave
| Interior Features | Pvt Resident Bldg |
|---|---|
| Heating | Baseboard |
| Cooling | Window |
Exterior of 1501 Hill Ave
| Roof | Asphalt |
|---|---|
| Construction | Concrete Block |
Additional Information on 1501 Hill Ave
| Date Listed | February 23rd, 2026 |
|---|
Listing Details of 1501 Hill Ave
| Agent | Gretchen Lolis |
|---|---|
| Office | Hinn Real Estate |