Spirit Lake, IA Commercial Real Estate for Sale

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Orleans, IA Okoboji, IA Arnolds Park, IA Wahpeton, IA Milford, IA Lake Park, IA Estherville, IA Fostoria, IA

59 properties

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Updated: Jun 2

Highway Commercial Land

3840 Highway 71, Spirit Lake, IA 51360

$999,000

3.76 AC lot

3.76‑acre commercial land parcel
C‑2 Highway Commercial zoning
Direct access to Highway 71
Traffic counts exceeding 7,000 vehicles per day
Bike trail runs along the property

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Updated: Jun 8

Highway-Fronted Commercial Land

37th Street, Spirit Lake, IA 51360

$319,000

1.11 AC lot

1.11 acres of commercial land
Approximately 226+ feet of highway frontage
Located on 37th Street in Spirit Lake, IA 51360
Potential concepts include retail, office, service business, or commercial development
Located in Dickinson County

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Drive-Through Restaurant Building

2209 Circle Drive, Spirit Lake, IA 51360

$650,000

Former restaurant facility with commercial kitchen infrastructure, customer parking, and recent roof and furnace upgrades.

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Drive-Through Restaurant Building

2209 Circle Drive W, Spirit Lake, IA 51360

$650,000

3,569 sqft 1.40 AC lot

Restaurant property with commercial kitchen infrastructure, cold storage, and a paved parking area.

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Updated Flex Space with Office Suites

2216 15th, Spirit Lake, IA 51360

$679,900

Renovated office and garage areas support administrative, storage, service, and manufacturing uses.

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Commercial Land with Approved Fuel Use

2045 Hwy 9, Spirit Lake, IA 51360

$749,000

2.09 AC lot

Corner parcel with approvals in place for a convenience store and gas station, plus an approved highway turning lane.

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Drive-Through Restaurant Building

3307 Hwy 71, Spirit Lake, IA 51360

$795,000

Adaptable commercial building with restaurant infrastructure, highway access, and public utilities.

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Flex Space with Living Quarters

1901 32nd Street #59, Spirit Lake, IA 51331

$399,000

2,400 sqft

Newer construction combines business, storage, and residential functions under one roof.

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Self-Storage Facility with Secured Access

2045 HWY 9, Spirit Lake, IA 51360

$105,000

Under-construction storage units offer controlled access, heating, automatic lighting, and paved maneuvering areas.

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Self-Storage Facility with Secured Access

2045 HWY 9, Spirit Lake, IA 51360

$105,000

Under-construction storage property with controlled entry, heated units, paved circulation, and highway access.

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Heated Self-Storage Unit

2045 Hwy 9 #87, Spirit Lake, IA 51360

$84,000

720 sqft

Controlled-access storage space with automated lighting, an overhead door, and paved drive lanes for convenient loading.

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New Self-Storage Unit with Heated Space

2045 HWY 9, Spirit Lake, IA 51360

$105,000

Secure, paved storage facility with highway access, controlled heating, and wide drive lanes for trailer access.

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New Self-Storage Facility

2045 HWY 9, Spirit Lake, IA 51360

$105,000

Secure, climate-controlled units offer convenient year-round storage with highway access.

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New Self-Storage Unit with Secure Gate

2045 Hwy 9 #89, Spirit Lake, IA 51360

$84,000

720 sqft

New self-storage unit with controlled access, heated interiors, and paved drive lanes.

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Self-Storage Facility with Heated Units

2045 HWY 9, Spirit Lake, IA 51360

$105,000

Secured, highway-accessible storage facility with heated units, automatic lighting, and paved drive lanes for maneuvering larger vehicles.

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Self-Storage Facility with Heated Units

2045 HWY 9, Spirit Lake, IA 51360

$105,000

Secured entry, heated storage, and paved drive lanes accommodate boats, campers, and other recreational vehicles.

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Heated Self-Storage Unit

2045 Hwy 9 #91, Spirit Lake, IA 51360

$84,000

720 sqft

Heated storage space with controlled entry, tall walls, and vehicle-friendly paved access.

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New Self-Storage Facility

2045 HWY 9, Spirit Lake, IA 51360

$105,000

Under-construction storage facility with secured entry, heated units, and paved circulation for larger recreational vehicles.

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New Heated Self-Storage Unit

2045 Hwy 9 #90, Spirit Lake, IA 51360

$84,000

720 sqft

Secure access, controlled heating, and paved circulation support convenient storage for recreational equipment.

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New Self-Storage Facility

2045 HWY 9, Spirit Lake, IA 51360

$105,000

Heated storage units offer secured access, automatic lighting, and paved drive lanes for convenient vehicle entry.

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New Heated Storage Unit

2045 Hwy 9 #94, Spirit Lake, IA 51360

$84,000

720 sqft

Controlled-access storage with heating, automatic lighting, and paved circulation for convenient vehicle and recreational equipment access.

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Heated Self-Storage Facility

2045 HWY 9, Spirit Lake, IA 51360

$105,000

Heated storage space with controlled entry, bright LED lighting, and paved drive lanes.

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Insulated Warehouse Storage Unit

2289 165th St. #2-B, Spirit Lake, IA 51360

$85,000

1,440 sqft

Commercial storage space with electric service, upgraded lighting, and room for equipment, projects, or recreational property.

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Self-Storage Facility with Heated Units

2045 HWY 9, Spirit Lake, IA 51360

$105,000

Secure, centrally managed storage with highway access and paved drive lanes for convenient vehicle maneuvering.

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Spirit Lake, IA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Spirit Lake, IA, showcased through 59 active listings on our real estate platform. These investment opportunities span a total of 11,010 square feet of properties for sale, with an estimated market value of $15,417,300.

Sale prices for business properties in Spirit Lake, IA start at $84,000, averaging $270,478, and reaching up to $1,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 8,561

Population Growth (5Y) +4.7%

Median Household Income $77,464

College Educated 44.0%

High-Yield Neighborhoods for Investment

Identify Spirit Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Arnolds Park - 51331	$399K
Spirit Lake - 51360	$600K

Taxes & Financing

Tax Rate (average for all types) 1.70%

Property Tax per SF $16.92 per SF

Tax Rate vs County Average 0.04 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Dickinson County

New Delisted

Total CRE Inventory on Market (SF)

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