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Spirit Lake, IA

Restaurants

Spirit Lake, IA Restaurants for Sale

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Orleans, IA Arnolds Park, IA Wahpeton, IA Milford, IA West Okoboji, IA Jackson, MN Lake Park, IA Estherville, IA

Restaurant-Ready Drive-Through Building

Updated: May 8

Restaurant-Ready Drive-Through Building

3307 Hwy 71, Spirit Lake, IA 51360

$875,000

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
Heating: forced air; cooling: central air
Metal roof and brick with metal siding exterior

Drive-Through Restaurant Facility

Updated: May 6

Drive-Through Restaurant Facility

604 18th St, Spirit Lake, IA 51360

Contact for pricing

880 SF drive‑through restaurant facility completed in 2024
Two drive‑through lanes with dual service windows
Commercial exhaust hood, HVAC, grease trap, and required sink configurations
Negotiable equipment included for operational flexibility
Located at 604 18th St, Spirit Lake, IA 51360

Historic Event Barn Property

Historic Event Barn Property

2325 41st St, Spirit Lake, IA 51360

Contact for pricing

12.77 AC lot

Restored barn property with two fully finished levels, multiple bars, freight elevator, and sand volleyball courts.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 3 Active listings in Spirit Lake, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 23 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.

Hawkeye Lounge Bar with Basement

Hawkeye Lounge Bar with Basement

404 N MAIN ST, Marcus, IA 51035

$139,000

0.06 AC lot

Established bar/lounge with a basement kitchen area and covered rear space with ramp access.

Downtown Restaurant & Lounge For Sale

Downtown Restaurant & Lounge For Sale

314 N Main St, Marcus, IA 51035

$325,000

Restaurant and lounge in prime downtown location, real estate included.

Last Call Saloon Pub

Last Call Saloon Pub

120 N Main, George, IA 51237

$125,000

0.06 AC lot

Commercial pub property with a full kitchen, bar, liquor store, updated facilities, and outdoor seating.

Turn Key Pub For Sale

Turn Key Pub For Sale

120 N Main St, George, IA 51237

$125,000

0.06 AC lot

Profitable, fully operational pub with full kitchen and liquor store.

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.

Fort Dodge Commercial Land

Fort Dodge Commercial Land

Leah Lane lot: 1 Triton Pl, Fort Dodge, IA 50501

$845,000

2.98 AC lot

Commercial land available in Fort Dodge, Iowa.

Commercial Land Zoned B-3

Commercial Land Zoned B-3

Coneflower Lane, Mankato, MN 56001

$937,312

1.26 AC lot

1.26-acre commercial land parcel zoned Highway Business District (B-3) near a hard-stop light on HWY 22.

Commercial Land

Commercial Land

Premier Drive, Mankato, MN 56001

$300,000

0.75 AC lot

.75-acre out lot positioned along Highway 22 in front of Fleet Farm between Victory Drive and Highway 14.

Commercial Land Lot on Main Street

Commercial Land Lot on Main Street

4th St, Dell Rapids, SD 57022

$79,900

0.32 AC lot

Build-ready commercial lot in Central Business zoning, fenced with chain-link, on a primary Dell Rapids corridor.

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.

3840 Hwy 71

RESTAURANT

3840 Hwy 71, Spirit Lake, IA 51360-7197

$820,000

Estimated value

5,072 sqft 3.76 AC lot

2209 Cir W Dr

RESTAURANT

2209 Cir W Dr, Spirit Lake, IA 51360-1065

Value Estimation by Request

3,569 sqft 1.41 AC lot

817 Lk St

RESTAURANT

817 Lk St, Spirit Lake, IA 51360-1649

Value Estimation by Request

2,640 sqft 0.06 AC lot

3307 Hwy 71

RESTAURANT

3307 Hwy 71, Spirit Lake, IA 51360-7633

$800,000

Estimated value

3,510 sqft 1.24 AC lot

100 Hl Ave

RESTAURANT

100 Hl Ave, Spirit Lake, IA 51360

Value Estimation by Request

800 sqft 0.68 AC lot

1821 18th St

BAR, TAVERN

1821 18th St, Spirit Lake, IA 51360-1092

Value Estimation by Request

2,808 sqft 0.22 AC lot

2308 17th St

RESTAURANT

2308 17th St, Spirit Lake, IA 51360-1264

Value Estimation by Request

8,752 sqft 0.87 AC lot

2325 41st St

BAR, TAVERN

2325 41st St, Spirit Lake, IA 51360-8204

$615,000

Estimated value

6,048 sqft 12.77 AC lot

1611 Hl Ave

BAR, TAVERN

1611 Hl Ave, Spirit Lake, IA 51360-1639

Value Estimation by Request

1,953 sqft 0.07 AC lot

3601 Hwy 71

RESTAURANT

3601 Hwy 71, Spirit Lake, IA 51360-7298

Value Estimation by Request

1,768 sqft 0.21 AC lot

1601 Hl Ave

RESTAURANT

1601 Hl Ave, Spirit Lake, IA 51360-1639

Value Estimation by Request

3,894 sqft 0.14 AC lot

817 Lk St

RESTAURANT

817 Lk St, Spirit Lake, IA 51360-1649

Value Estimation by Request

6,387 sqft 0.17 AC lot

918 Lk St

BAR, TAVERN

918 Lk St, Spirit Lake, IA 51360-1686

Value Estimation by Request

2,950 sqft 0.17 AC lot

1604 Hl Ave

RESTAURANT

1604 Hl Ave, Spirit Lake, IA 51360-1640

Value Estimation by Request

2,200 sqft 0.07 AC lot

1609 Hl Ave

BAR, TAVERN

1609 Hl Ave, Spirit Lake, IA 51360-1639

Value Estimation by Request

1,387 sqft 0.07 AC lot

3501 Hwy 71

DRIVE-THRU RESTAURANT, FAST FOOD

3501 Hwy 71, Spirit Lake, IA 51360-7035

Value Estimation by Request

3,659 sqft 1.16 AC lot

2329 Cir W Dr

DRIVE-THRU RESTAURANT, FAST FOOD

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

Value Estimation by Request

2,194 sqft 0.78 AC lot

2308 22nd St

BAR, TAVERN

2308 22nd St, Spirit Lake, IA 51360

Value Estimation by Request

4,000 sqft 0.34 AC lot

2003 18th St

RESTAURANT

2003 18th St, Spirit Lake, IA 51360-1061

Value Estimation by Request

6,636 sqft 0.70 AC lot

2019 18th St

DRIVE-THRU RESTAURANT, FAST FOOD

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

Value Estimation by Request

2,160 sqft 1.06 AC lot

1007 18th St

DRIVE-THRU RESTAURANT, FAST FOOD

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

Value Estimation by Request

1,400 sqft 0.28 AC lot

Spirit Lake, IA Restaurants Market Trends and Statistics

Explore 26 restaurants for sale in Spirit Lake, IA, showcased through 3 active listings on our real estate platform.

Sale prices for restaurant properties in Spirit Lake, IA average $875,000 — 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

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	$875K

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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