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    Spirit Lake, IA
    Conventional Restaurant

    Spirit Lake, IA Conventional Restaurants for Sale

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    Orleans, IA Okoboji, IA Arnolds Park, IA Wahpeton, IA Milford, IA Jackson, MN Lake Park, IA Estherville, IA
    High-Visibility Restaurant-Ready Building
    Updated: May 8
    High-Visibility Restaurant-Ready Building

    3307 Hwy 71, Spirit Lake, IA 51360

    $895,000
    7,196 SF building on 1.24 acres in Spirit Lake with high‑traffic, high‑visibility Highway 71 access
    Originally a bank and later a restaurant; versatile interior layout cleared of equipment for a new use
    Infrastructure suited for food concepts including full‑service restaurant, drive‑thru coffee shop, or quick‑service to‑go
    Utilities: public water and public sewer; forced air heating with central air conditioning
    Metal roof; exterior includes brick and metal siding
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Spirit Lake, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Prime Commercial Development Land
    Prime Commercial Development Land

    4700 41st Street, Sioux City, IA 51108

    $2,300,000
    15.89 AC lot

    15.89-acre commercial parcel off Highway 75, improved with an entertainment venue including a bar, restaurant, and live music stages.

    View details
    Turnkey Restaurant with Patio
    Turnkey Restaurant with Patio

    1113 S 2nd Avenue, Sheldon, IA 51201

    $299,000
    0.92 AC lot

    Recently renovated, turnkey restaurant with bar, updated HVAC, and a new outdoor patio plus parking and functioning kitchen equipment.

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    Turn-Key Pub with Full Bar
    Turn-Key Pub with Full Bar

    120 N Main, George, IA 51237

    $125,000
    0.06 AC lot

    Turn-key pub with full kitchen, full bar, and liquor store operations, plus outdoor seating in George, Iowa.

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    Commercial Land with Entertainment Venue
    Commercial Land with Entertainment Venue

    4700 41ST ST, Sioux City, IA 51108

    $2,300,000
    15.89 AC lot

    Commercial land off Highway 75 near Siouxland Splash, improved with a turn-key bar and restaurant entertainment venue.

    View details

    Spirit Lake, IA Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Spirit Lake, IA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $895,000.

    Sale prices for conventional restaurants in Spirit Lake, IA start at $895,000, averaging $895,000, and reaching up to $895,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drive through restaurants 3
    Coffee shops 2
    Conventional restaurants 2
    Commercial kitchens 1

    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 $895K

    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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