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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 Market114

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: Aug 14 Last Checked: Aug 29 at 5:06AM
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 7,196-square-foot commercial building occupies 1.24 acres at 3307 Hwy 71 in Spirit Lake. The property was built in 2004 and has been cleared of equipment, leaving a flexible interior with restrooms and a layout that can support restaurant operations, including drive-through or quick-service formats. The building’s prior uses included banking and restaurant occupancy.

Exterior construction combines brick and metal siding beneath a metal roof. Forced-air heating and central air conditioning serve the building, while public water and public sewer are available. Parking is provided through assigned spaces and a driveway configuration. The property also offers direct highway access along Hwy 71, making its location relevant for commercial users seeking a visible, accessible setting.

Key Highlights

  • 7,196 SF building on 1.24 acres
  • Located at 3307 Hwy 71, Spirit Lake, IA 51360
  • 2004 construction with brick and metal siding

Property Analytics

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

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

Lease Details

Yes
Highway access

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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Adaptable restaurant property with highway access, restrooms, public utilities, and a combination of brick and metal-siding construction.
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: 7,196 SF building on 1.24 acres; Located at 3307 Hwy 71, Spirit Lake, IA 51360; 2004 construction with brick and metal siding
More about this property
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