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Restaurant with Drive-Thru For Lease

2209 Circle Drive Spirit Lake, IA 51360

Claim this Listing
For Lease
$5,500 /Mo

COMMERCIAL - Spirit Lake, IA

Lot size:
1.40 Acres
Added:
Jan 15, 2026
Days on Market:
177
Last Refresh:
Jul 11 at 3:06 pm

Property Features for 2209 Circle Drive

General Information

Property type
Commercial Lease
Property subtype
Other
Parking features
Driveway
Standard status
Active
APN
07-05-326-059
Lot size
1.40 Acres

Taxes and HOA fees

Tax Year
2023
Tax Description
LOT 5 AUD PLAT 125
Tax Annual Amount
13022

Utilities

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

Building Details

Year built
1979
Building materials
Wood Siding
Roof type
Flat

Listing agent Michael Jensen License #B58673

Listing office Jensen Real Estate PO Box 721, Arnolds Park, IA

Listing date Jan 15, 2026

MLS# 251628

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 commercial property is available for lease and is situated in a high-visibility, high-traffic location at the corner of Highways 71 and 9, with over 5,000 vehicles passing by each day. The 1.4-acre property is on level ground between Subway and Super 8. Formerly a national chain restaurant, the building is move-in ready and includes a drive-thru. It features a commercial hood, walk-in cooler and freezer, and a large paved parking lot. Recent improvements include a new roof and furnace. All existing equipment can be included if desired. The property is suitable for drive-through restaurants, conventional restaurants, and other commercial real estate ventures.

Key Highlights

  • 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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Drive through restaurants

Suggested Use

Parking Lot & Garage Garden Center Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service Catering Service Daycare Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Drive through restaurant - Move-in ready restaurant with drive-thru in high-traffic location.
Where is this drive through restaurant located?
The property is located at 2209 Circle Drive Spirit Lake, IA.
What is the lease rate?
The lease rate is $5,500 /Mo.
What are key features of this property?
This property features: 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
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