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3307 Hwy 71, Spirit Lake, IA, 51360
Restaurant-Ready Drive-Through Building

3307 Hwy 71 Spirit Lake, IA 51360

For Sale
$875,000

COMMERCIAL - Spirit Lake, IA

Property Size7,196 SF
Lot Size1.24 Acres
Price / SF$121.60
Days on Market83

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
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

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
Listed By: Peggy Bergh-Kuker · License #S64429
Added: May 8 Changed: Jul 20 Last Checked: Jul 29 at 7:06PM
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.

A landmark commercial building formerly used as a bank and later as a restaurant, now cleared of equipment and ready for a new direction. The property totals approximately 7,196 SF on 1.24 acres, with a current layout and supporting infrastructure described as suitable for a full-service restaurant, a drive-thru coffee shop, or a quick-service to-go concept.

The building is located at 3307 Hwy 71 in Spirit Lake, IA. It offers highway frontage with drive-through-oriented functionality intended for customer service use.

Financing may be available for qualified buyers through SBA 504, subject to lender details; contact the listing agent for sample financing information. This adaptable facility also presents non-restaurant possibilities as described in the remarks, including retail showroom, professional suites, or hospitality uses.

Key Highlights

  • 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

Property Analytics

Property Profile Location Intelligence

Current Use

Drive through restaurants

Suggested Use

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

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Drive through restaurant - Landmark building on Highway 71 with drive-through capability, cleared interior, and an adaptable layout for restaurant concepts.
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 $875,000.
What are key features of this property?
This property features: 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
More about this property
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