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    Spirit Lake, IA Commercial Real Estate for Sale

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    Orleans, IA Okoboji, IA Arnolds Park, IA
    18 listings
    Drive-Thru Ready Restaurant Building
    $895,000
    Drive-Thru Ready Restaurant Building

    3307 Hwy 71, Spirit Lake, IA 51360

    Versatile former bank/restaurant building with drive-thru infrastructure and strong highway exposure for restaurants or retail.
    • 7,196 SF versatile commercial building on 1.24 acres in Spirit Lake
    • Previously a bank and later a restaurant; interior cleared of equipment for new use
    • Infrastructure suited for restaurant concepts, including drive‑thru and to‑go options (per existing layout)
    • High‑traffic, high‑visibility site with Highway 71 access and signage potential (per remarks)
    • Brick and metal siding construction; metal roof; forced air heating and central air
    Updated: May 8
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    Highway Commercial Land Parcel
    $999,000
    3.76 Acres
    Highway Commercial Land Parcel

    3840 Highway 71, Spirit Lake, IA 51360

    Flat C-2 zoned lot with direct Highway 71 access and high daily traffic for visibility-focused development.
    • Flat 3.76‑acre commercial lot in Spirit Lake.
    • Located directly on Highway 71 with direct access to the highway.
    • C‑2 Highway Commercial zoning.
    • Traffic counts exceed 7,000 vehicles per day.
    Updated: Jun 2
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    Spirit Lake Commercial Opportunity
    $675,000
    1.40 Acres
    Spirit Lake Commercial Opportunity

    High-visibility commercial property with drive-thru in Spirit Lake, Iowa.

    2209 Circle Dr, Spirit Lake, IA 51360

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    36-Room Hotel with Manager Quarters
    $1,695,000
    36-Room Hotel with Manager Quarters

    36-room Travelodge in Spirit Lake with a manager’s quarters and an additional lot for potential expansion.

    1905 18th Street, Spirit Lake, IA 51360

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    Highway-Frontage Commercial Land
    $319,000
    1.11 Acres
    Highway-Frontage Commercial Land

    For sale commercial land with approximately 226+ feet of highway frontage in Spirit Lake, IA.

    37th Street, Spirit Lake, IA 51360

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    Spirit Lake Commercial Land Opportunity
    $749,000
    2.09 Acres
    Spirit Lake Commercial Land Opportunity

    Corner lot with high traffic and visibility in Spirit Lake.

    2045 Hwy 9, Spirit Lake, IA 51360

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    Spirit Lake Storage Facility Investment
    $1,500,000
    37,200 SF
    Spirit Lake Storage Facility Investment

    Large storage facility with immediate cash flow potential.

    18 Th Street, Spirit Lake, IA 51360

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    Drive-Through Restaurant Space
    Contact for pricing
    Drive-Through Restaurant Space

    Drive-thru equipped restaurant/coffee space with dual service windows and key kitchen infrastructure for quick-serve operations.

    604 18th St, Spirit Lake, IA 51360

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    New Storage Units in Spirit
    $139,900
    New Storage Units in Spirit

    Newly constructed storage units in a desirable Spirit Lake location.

    2311 37th Street, Spirit Lake, IA 51360

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    New Storage Units in Spirit
    $139,900
    New Storage Units in Spirit

    New storage units ideal for boats, vehicles, and business.

    2311 37th Street, Spirit Lake, IA 51360

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    Massive Office Building with Storage
    $349,000
    6,120 SF
    Massive Office Building with Storage

    6,120 sq ft office building with storage for sale.

    3524 Highway 71 S, Spirit Lake, IA 51360

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    Spirit Lake Development & Income Land
    $2,500,000
    163.05 Acres
    Spirit Lake Development & Income Land

    163.05 acre development and income tract with lake shoreline.

    190th St, Spirit Lake, IA 51360

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    Highway Frontage Commercial Lot
    $375,000
    0.69 Acres
    Highway Frontage Commercial Lot

    High-visibility commercial lot on heavily traveled highway.

    1909 18Th Street, Spirit Lake, IA 51360

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    New Customizable Storage & Lifestyle Units
    $160,000
    5,600 SF
    New Customizable Storage & Lifestyle Units

    New construction storage units for sale in Spirit Lake, IA.

    3156 18th Street, Spirit Lake, IA 51360

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    New Customizable Storage and Lifestyle Units
    $160,000
    New Customizable Storage and Lifestyle Units

    New construction storage and lifestyle units for sale in Spirit Lake.

    3156 18th Street, Spirit Lake, IA 51360

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    New Customizable Storage & Lifestyle Units
    $160,000
    New Customizable Storage & Lifestyle Units

    New construction storage and lifestyle units for sale in Spirit Lake.

    3156 18th Street, Spirit Lake, IA 51360

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    Commercial Corner Lot in Spirit Lake
    $180,000
    0.66 Acres
    Commercial Corner Lot in Spirit Lake

    Commercial land in prime business location, Spirit Lake, Iowa.

    000 Lake Street, Spirit Lake, IA 51360

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    Commercial Land For Sale
    Contact for pricing
    Commercial Land For Sale

    Commercial land available near Great Lakes Mall and Hy-Vee.

    1405 18th Street, Spirit Lake, IA 51360

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Spirit Lake, IA, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

    Off-Market Properties in Spirit Lake, IA

    Consider similar Off-Market properties in Spirit Lake, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2210 37th St
    MINI-WAREHOUSE, STORAGE
    1,600 SF Lot: 0.43 Acres
    Value Estimation by Request

    2210 37th St, Spirit Lake, IA 51360

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    1911 Peoria Ave
    MANUFACTURING (LIGHT)
    15,984 SF Lot: 4.14 Acres
    Estimated value
    $725,000

    1911 Peoria Ave, Spirit Lake, IA 51360-1027

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    1911 Peoria Ave
    OFFICE BUILDING
    2,368 SF Lot: 2.29 Acres
    Value Estimation by Request

    1911 Peoria Ave, Spirit Lake, IA 51360-1027

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    3840 Hwy 71
    RESTAURANT
    5,072 SF Lot: 3.76 Acres

    3840 Hwy 71, Spirit Lake, IA 51360-7197

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    25161 Hwy 9th 71
    WAREHOUSE, STORAGE
    1,350 SF Lot: 0.85 Acres
    Value Estimation by Request

    25161 Hwy 9th 71, Spirit Lake, IA 51360-7311

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    1715 Hl Ave
    OFFICE BUILDING
    2,428 SF Lot: 0.08 Acres
    Value Estimation by Request

    1715 Hl Ave, Spirit Lake, IA 51360-1237

    View details

    Spirit Lake, IA Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Spirit Lake, IA, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 48,920 square feet of properties for sale, with an estimated market value of $2,009,000.

    Sale prices for business properties in Spirit Lake, IA start at $160,000, averaging $669,666, and reaching up to $1,500,000 — 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
    51360 $569.9K

    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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