The first commercial property on West Lake Okoboji for sale in over 15 years! This property has both lakefront and highway frontage in the heart of the Iowa Great Lakes. C-2 Commercial zoning on 1.66 acres of land makes this development opportunity on Smiths Bay one of a kind! There are 275ft of lakeshore and 286 ft of Hwy 71 frontage on the property that is currently home to a 30 room hotel, 1 cabin and a restaurant on the lake. This property can have up to 27 boat hoists on the docks. This is a truly once in a lifetime opportunity!