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    Spencer, IA
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    Spencer, IA Drive Through Restaurants for Sale

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    Fostoria, IA Everly, IA Milford, IA
    Restaurant with Playground and Office
    $799,000
    5,438 SF
    Restaurant with Playground and Office

    202 11th St SW, Spencer, IA

    5,438 SF property featuring restaurant, playground, and office spaces.
    • 57 Parking Spaces available
    • Restaurant Equipment Included for a turn‑key operation
    • 3,232 SF Fast‑Food Building
    • 1,150 SF Office Space
    • 1,056 SF Playground (Built in 1998)
    Updated: Dec 3, 2024
    View details
    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Freestanding Restaurant with Drive-Thru
    $399,900
    2,950 SF
    Freestanding Restaurant with Drive-Thru

    Former restaurant with drive-thru, available for lease or purchase.

    1513 Hwy 169 N, Algona, IA 50511

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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

    View details
    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

    View details
    Freestanding Retail Building with Drive-Thru
    $399,900
    2,861 SF
    Freestanding Retail Building with Drive-Thru

    2,861 SF retail building with drive-thru on 0.75 acres.

    1513 HWY 169 N, Algona, IA 50511

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near Retail Hub
    Contact for pricing
    Commercial Land Near Retail Hub

    Land available in high-traffic area near major retailers.

    1770 Premier Drive, Mankato, MN 56001

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    Commercial Land Near Retail Hub
    Contact for pricing
    Commercial Land Near Retail Hub

    Land suitable for fast food or service businesses.

    1720 Premier Drive, Mankato, MN 56001

    View details
    Downtown Millard Development Opportunity
    $250,000
    2.46 Acres
    Downtown Millard Development Opportunity

    Prime 2.46-acre development lot in Downtown Millard.

    13638 Q St, Omaha, NE 68137

    View details
    Pad Site on 204th Street
    $995,000
    0.99 Acres
    Pad Site on 204th Street

    Ready-to-build pad site with utilities in place.

    5590 S 202nd Ave, Omaha, NE 68135

    View details

    Off-Market Properties in Spencer, IA

    Consider similar Off-Market properties in Spencer, 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.

    704 Grand Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,432 SF Lot: 0.67 Acres

    704 Grand Ave, Spencer, IA 51301-5730

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    706 11th SW St
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,857 SF Lot: 0.72 Acres
    Estimated value
    $1,390,000

    706 11th SW St, Spencer, IA 51301-5560

    View details
    1400 12th SW Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,461 SF Lot: 0.75 Acres
    Value Estimation by Request

    1400 12th SW Ave, Spencer, IA 51301-5671

    View details
    1919 Hwy Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,612 SF Lot: 0.33 Acres
    Value Estimation by Request

    1919 Hwy Blvd, Spencer, IA 51301-2218

    View details
    921 Grand Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,400 SF Lot: 0.67 Acres
    Value Estimation by Request

    921 Grand Ave, Spencer, IA 51301-5717

    View details
    501 Grand Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    720 SF Lot: 0.19 Acres
    Value Estimation by Request

    501 Grand Ave, Spencer, IA 51301-5322

    View details
    20 8th St
    DRIVE-THRU RESTAURANT, FAST FOOD
    561 SF
    Value Estimation by Request

    20 8th St, Spencer, IA 51301-4302

    View details
    320 11th St Sw Plz
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,558 SF Lot: 0.69 Acres
    Value Estimation by Request

    320 11th St Sw Plz, Spencer, IA 51301-5817

    View details
    701 11th SW St
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,677 SF Lot: 0.88 Acres
    Value Estimation by Request

    701 11th SW St, Spencer, IA 51301-5525

    View details

    Spencer, IA Drive Through Restaurants Investment Opportunities Market Analysis

    Explore 10 drive through restaurants for sale in Spencer, IA on our real estate platform. These investment opportunities span a total of 5,438 square feet of properties for sale, with an estimated market value of $799,000.

    Sale prices for drive-thru businesses in Spencer, IA start at $799,000, averaging $799,000, and reaching up to $799,000 — 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 2

    Demographics Overview

    Population 12K
    Population Growth (5Y) +0.0%
    Median Household Income $61,175
    College Educated 35.9%

    Taxes & Financing

    Tax Rate (average for all types) 2.27%
    Property Tax per SF $32.12 per SF
    Tax Rate vs County Average 0.19 pp above county avg
    Average Loan-to-Value 65.0%

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