Historical Park Hotel in Sac City

Price: $199,500
Acreage: .20
County: Sac
State: Iowa

Property Description

The Park Hotel in Sac City is a window into the past and a door into the future. This beautiful old historic building has been listed on the National Register for Historic Places. The integrity of the hotel is completely intact, all the masonry is original and the workmanship is well represented in this century old hotel. The 50 room hotel, constructed in 1912, is recognized for its architecture and its past contributions to commerce in Sac City and the surrounding area. A tour of the Park Hotel today is a journey back into time. Original woodwork, marble decoration, light fixtures, and spectacular tiled floors serve as a reminder of a time long ago.

The current owner hopes to sell the hotel to investors or an individual who will care for the building and return it to a hub of activity in the historic Sac City business district. Whether it is as a new corporate headquarters or mixed use as a store front, individual business offices, or even your own personal residence, there is plenty of space with 14,000 square feet for the main living space on 3 floors, an additional 2,958 square feet in the attic and the more space with 5,378 square feet in the basement. This incredible building boasts over 22,000 square feet of usable space. The opportunities are endless with this building in this wonderful, safe, secure county seat town. With the historic designation it makes the property eligible for significant historic tax credits that could aid in restoration efforts, as well as there is a potential for a matching funds grant for the new owner allowing an huge opportunity to take a huge step into renovations and creating a unique property. As a huge bonus, inside the hotel is a unique owners unit with 800 square feet of living space with central air and heat that includes a bedroom, living room, kitchenette and full bathroom allowing you to live on this property while you are creating a restaurant, corporate office or offices, individual store fronts or apartments without having to buy an additional home. Sac City is located in northwest Iowa just minutes away from the 4 lane Highway 20 and Highway 71 with a Sac City average of 6,000 vehicles within 2 miles of town daily. Sac City offers an outstanding quality of life where you can enjoy a secure, small-town life, without losing access to everything you could need from a larger community. This community is located in the heart of one of the nation's richest agricultural areas and the people of Sac City show their pride of community with the well-planned neighborhoods, exceptional community services, and an abundant mixture of cultural and recreational opportunities. Sac Development Corporation is implementing a marketing plan that is focusing on attracting new businesses and residents, retaining existing opportunities, and encouraging former residents to return to the city. The marketing plan has shared stories from local residents about reasons to invest in the community, advantages of living in Sac City, and the joy of returning to the area. By targeting specific types of businesses needed to augment services, the group seeks to make the town even more attractive to future investors. The city was also recently gifted approximately 9 million dollars which they are putting it to good use on many significant improvements to the town. Sac Development Corporation has enlisted support from 15 local businesses to implement a marketing plan for the city that includes video, print, on-line, and direct mailing components. Located in Sac City are beautiful parks and green spaces including historic Chautauqua Park, Criss Park, and Riverview Park nestled along the winding North Raccoon River. South Park allows children of all ages to enjoy tennis, pickle ball, volleyball, swim, or the playground equipment. Cattail Cove, in the heart of the business district, is a great pocket park to enjoy lunch, coffee with friends, or just some quiet time. Public picnic areas are available at all of these parks.

Recreation opportunities abound in Sac City. Summer activities include kayaking/canoeing, baseball, softball, swim team, disc golf, biking, hiking, fishing, and camping. Sac County is a popular area for hunters. Wintertime finds residents and visitors enjoying snowmobiling, cross-country skiing, and snowshoeing. Sac City is in the hub of northwest Iowa as it is only 97 miles from Omaha, Nebraska, 125 miles from Des Moines, 75 miles from Sioux City, 22 miles to Storm Lake for fishing, shopping and work, 10 miles to Lake View for more outdoor fun fishing, boating or camping, 28 miles to Carroll, Iowa and 55 miles to Spencer - the gateway to Iowa's Great Lakes, which is a vacation hotspot for tourists and locals all year round. There has never been a better time to take ahold of this unique opportunity and create something incredible with this historic property.

Property Features

  • Built in 1912
  • On the National Register Historical Places
  • 50 room hotel
  • Hardwood floors throughout
  • 14,048 square feet total gross living area
  • 2,958 square feet of attic
  • 5,378 square feet in basement
  • Brick exterior
  • Roof replaced 8 years ago at a cost of $72,000
  • East Sac School district
  • No trespassing
  • Shown by appointment only

Property Address

115 North State N, Sac City, IA