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Drive-Through Restaurant Building
For Sale
$839,900

3307 Hwy 71, Spirit Lake, IA 51360

COMMERCIAL, Spirit Lake, IA

Property Size7,196 SF
Lot Size1.24 Acres
Price / SF$116.72
Days on Market130

Property Features for 3307 Hwy 71

General Information

Property type Commercial Sale
Property subtype Other
Parking features Assigned, Driveway
Interior features Restrooms
Exterior features High Traffic Location, High Visibility, Highway Access
Directions Use GPS.
Subdivision Dickinson
Standard status Active
APN 07-08-176-015
Lot size 1.24 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOT 1 BLK 1 FERGUSON BUSINESS PARK
Tax Annual Amount 19328
Legal Description LOT 1 BLK 1 FERGUSON BUSINESS PARK

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 2004
Building materials Brick, Metal Siding
Roof type Metal
Listing Agency: Keller Williams Okoboji · Keller Williams Realty
Listed By: Peggy Bergh-Kuker · License #S64429
Added: May 8 Changed: Sep 12 Last Checked: Sep 14 at 3:06AM
MLS# 260427

Copyright © 2026 Iowa Great Lakes Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1.24-acre commercial property includes a versatile building with a layout suited to restaurant operations, including a full-service restaurant, drive-through coffee shop, or quick-service concept. The interior has been cleared of equipment and includes restrooms. Brick and metal siding construction, a metal roof, forced-air heating, and central air conditioning are in place. The property also includes driveway and assigned parking features.

Located at 3307 Hwy 71 in Spirit Lake, the site offers highway access and a high-traffic setting with visibility from the corridor. Public water and public sewer serve the property. The building was constructed in 2004 and may also accommodate other commercial configurations supported by the existing layout, including retail showroom or professional suite uses.

Key Highlights

  • 1.24‑acre commercial property at 3307 Hwy 71, Spirit Lake, IA 51360
  • Layout suited to full‑service restaurant, drive‑through coffee shop, or quick‑service operations
  • Interior equipment removed; restrooms remain in place

Property Analytics

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Current Use

Drive through restaurants

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Big Box & Wholesale Store Auto Parts Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

226
Businesses Nearby
32k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 60% Dining 23% Home Improvements & Furnishings 15% Electronics 3%
Kwik Trip Shops & Services
18,976 visits/mo 0.2 miles
Arby's Dining
4,953 visits/mo 0.2 miles
Ace Hardware Home Improvements & Furnishings
4,616 visits/mo 0.0 miles
Papa Murphy's Dining
1,337 visits/mo 0.2 miles
Domino's Pizza Dining
1,023 visits/mo 0.1 miles

Demographics for 51360, IA

8,553
Population
6,638
Households
1.3
Avg Household Size
49
Median Age
35%
College-Educated
97%
High-School Grad
105.2 sq mi
ZIP Area
81
Density / Sq Mi
$77,464
Median Household Income
$41,043
Median Earnings
$1,005
Median Rent
$256,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Adaptable commercial building with restaurant infrastructure, highway access, and public utilities.
Where is this drive through restaurant located?
The property is located at 3307 Hwy 71 Spirit Lake, IA.
What is the asking price?
The asking price for this property is $839,900.
What are key features of this property?
This property features: 1.24‑acre commercial property at 3307 Hwy 71, Spirit Lake, IA 51360; Layout suited to full‑service restaurant, drive‑through coffee shop, or quick‑service operations; Interior equipment removed; restrooms remain in place
More about this property
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