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Spirit Lake, IA Drive Through Restaurants for Sale

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Orleans, IA Okoboji, IA Arnolds Park, IA Wahpeton, IA Milford, IA West Okoboji, IA Jackson, MN Lake Park, IA
Restaurant-Ready Drive-Through Building
Updated: May 8
Restaurant-Ready Drive-Through Building

3307 Hwy 71, Spirit Lake, IA 51360

$875,000
7,196 SF building on 1.24 acres with high traffic highway frontage in Spirit Lake
Originally a bank and later a restaurant; interior cleared of equipment and ready for a new layout
Infrastructure suited for a full‑service restaurant, drive‑thru coffee shop, or quick‑service to‑go concept
Heating: forced air; cooling: central air
Metal roof and brick with metal siding exterior
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Drive-Through Restaurant Space
Updated: May 6
Drive-Through Restaurant Space

604 18th St, Spirit Lake, IA 51360

Contact for pricing
2024‑built commercial space in Spirit Lake on a highly visible location at the Iowa Great Lakes
Drive‑thru setup with a double drive‑thru lane and dual service windows
880 SF interior layout designed for efficient workflow and high‑volume service
Includes commercial exhaust hood system, HVAC equipment, grease trap, and required sink configurations
Negotiable equipment included, allowing flexibility for a new operator’s concept
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 Active listings in Spirit Lake, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

Office Building with Drive-Through Window
Office Building with Drive-Through Window

1140 Torgerson Drive, Fairmont, MN 56031

$589,000
1,979 sqft

Office building with a front patio, large-window natural light, and drive-up window infrastructure for alternate use.

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Two-Story Building with Drive-Through
Two-Story Building with Drive-Through

1501 North Broadway Street, New Ulm, MN 56073

$325,000
2,322 sqft

Two-story, 2322 SF building suitable for retail or office.

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Turnkey Restaurant Opportunity in New Ulm
Turnkey Restaurant Opportunity in New Ulm

1922 S Broadway St, New Ulm, MN 56073

$1,200,000
4 sqft

Restaurant property with drive-through, ready for immediate operation.

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Former Starbucks with Drive-Thru
Former Starbucks with Drive-Thru

1140 Torgerson Drive, Fairmont, MN 56031

$619,000
0.77 AC lot

Versatile building, previously Starbucks, suitable for various retail uses.

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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.

Downtown Millard Development Opportunity
Downtown Millard Development Opportunity

13638 Q St, Omaha, NE 68137

Contact for pricing
2.46 AC lot

Prime 2.46-acre development lot in Downtown Millard.

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Developed Multi-Pad Development Land
Developed Multi-Pad Development Land

N 41st St, Bethany, MO 64424

$249,900
10.00 AC lot

10-acre development site with 10 constructed dirt pads, cul-de-sac road layout, and a billboard generating $100 monthly.

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Commercial Building Lot for Retail
Commercial Building Lot for Retail

James Street lot: 5, Belleville, WI 53508

$574,000
2.32 AC lot

Commercially zoned lot suited for retail or fast-food development at a high-visibility Hwy 69 and Hwy 92 corner.

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Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

13788 McIntyre Road, Leavenworth, KS 66048

$1,250,000
25.00 AC lot

25 acres of commercial land perfect for development.

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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.

3501 Hwy 71
DRIVE-THRU RESTAURANT, FAST FOOD

3501 Hwy 71, Spirit Lake, IA 51360-7035

Value Estimation by Request
3,659 sqft 1.16 AC lot
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2329 Cir W Dr
DRIVE-THRU RESTAURANT, FAST FOOD

2329 Cir W Dr, Spirit Lake, IA 51360-1066

Value Estimation by Request
2,194 sqft 0.78 AC lot
View details
2019 18th St
DRIVE-THRU RESTAURANT, FAST FOOD

2019 18th St, Spirit Lake, IA 51360-1070

Value Estimation by Request
2,160 sqft 1.06 AC lot
View details
1007 18th St
DRIVE-THRU RESTAURANT, FAST FOOD

1007 18th St, Spirit Lake, IA 51360-1013

Value Estimation by Request
1,400 sqft 0.28 AC lot
View details

Spirit Lake, IA Drive Through Restaurants Market Trends and Statistics

Explore 6 drive through restaurants for sale in Spirit Lake, IA on our real estate platform.

Sale prices for drive-thru businesses in Spirit Lake, IA average $875,000 — 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
Bars & Pubs 1
Coffee shops 1
Conventional restaurants 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 $650K

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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