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    Spirit Lake, IA Drive Through Restaurants for Sale

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    Orleans, IA Okoboji, IA Arnolds Park, IA
    Spirit Lake Commercial Opportunity
    $675,000
    1.40 Acres
    Spirit Lake Commercial Opportunity

    2209 Circle Dr, Spirit Lake, IA 51360

    High-visibility commercial property with drive-thru in Spirit Lake, Iowa.
    • High‑visibility location at the corner of Highways 71 and 9 with over 5,000 vehicles passing daily
    • Move‑in ready building formerly a national chain restaurant
    • Includes a drive‑thru, commercial hood, walk‑in cooler and freezer, and large paved parking lot
    • Recent improvements include a new roof and furnace
    • Available for sale or lease
    Updated: Jan 15
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    Drive-Thru Restaurant Opportunity
    Contact for pricing
    Drive-Thru Restaurant Opportunity

    604 18th St, Spirit Lake, IA 51360

    Quick-serve-ready restaurant space with a double drive-thru lane and key kitchen infrastructure already in place.
    • 2024‑built commercial drive‑thru space in Spirit Lake on a highly visible, high‑traffic location at the Iowa Great Lakes
    • Double drive‑thru lane with dual service windows for quick‑serve concepts
    • 880 SF interior layout designed to support efficient workflow and high‑volume service
    • Essential infrastructure included: commercial exhaust hood system, HVAC equipment, and grease trap
    • Negotiable equipment available to help reduce buildout needs for a new operator
    Updated: May 6
    View details
    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.

    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

    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
    Two-Story Building with Drive-Through
    $325,000
    2,322 SF
    Two-Story Building with Drive-Through

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

    1501 North Broadway Street, New Ulm, MN 56073

    View details
    Retail/Office Building with Drive-Through
    $325,000
    2,322 SF
    Retail/Office Building with Drive-Through

    Two-story building suitable for retail or office use with parking.

    1501 North Broadway Street, New Ulm, MN 56073

    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

    View details
    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 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
    3,659 SF Lot: 1.16 Acres
    Value Estimation by Request

    3501 Hwy 71, Spirit Lake, IA 51360-7035

    View details
    2329 Cir W Dr
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,194 SF Lot: 0.78 Acres
    Value Estimation by Request

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

    View details
    2019 18th St
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,160 SF Lot: 1.06 Acres
    Value Estimation by Request

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

    View details
    1007 18th St
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,400 SF Lot: 0.28 Acres
    Value Estimation by Request

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

    View details

    Spirit Lake, IA Drive Through Restaurants Investment Opportunities Market Analysis

    Explore 6 drive through 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 $675,000.

    Sale prices for drive-thru businesses in Spirit Lake, IA start at $0.00, averaging $337,500, and reaching up to $675,000 — 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

    Conventional restaurants 3
    Drive through restaurants 3
    Coffee shops 2

    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 $785K

    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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