100 Hill Avenue, Spirit Lake, IA 51360

$249,000
  • 100 Hill Avenue, Spirit Lake, IA 51360 Main Photo

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Active Contingent-CT
SQUARE FEET800 MLS#251680
STATUSActive Contingent-CT PROPERTY TYPECommercial - Investment

Property Description

Turn-key restaurant opportunity with real estate included. This 800± SF commercial building has operated for decades as the Gingham Inn, a well-known and established destination with a strong history of seasonal performance. The offering includes the land, building, business, and all kitchen, bar, and restaurant equipment. The efficient footprint allows for low overhead, minimal staffing, and scalable hours, creating immediate upside for an owner-operator. Continue the existing operation, rebrand, or launch a new concept???this is a flexible, proven location with long-term value. Seller is open to a contract sale with a strong down payment. With the right buyer, ownership of the business and trademark may also be considered separately, paired with a favorable lease.

100 Hill Avenue | MLS# 251680

This commercial property located at 100 Hill Avenue, Spirit Lake, IA 51360 is currently listed for sale with an asking price of $249,000. Search Spirit Lake real estate on www.unitedrealestatesolutions.com today.

Property Features

Property Type: Commercial - Investment
Cooling: Ductless Unit
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.28 Acres
Roof Type: Asphalt
Taxes: $99
Year Built: 2018

Feature Descriptions

Construction: Other(See Rmks)
Current Use: Restaurant
Days on Site: 48
Exterior: Wood Siding
Flood Zone: No
Lot Dimensions: Approx 75x165
Parcel #: TBD
Parking Features: Driveway-Gravel
Sewer: Public Sewer
SQ FT Total: 800
Water: Public/City

Listed By / Shown By

Listed By

Agency Name: Jensen Real Estate
Agency Contact: PRIM: 712-320-7245
Agent Name: Michael Jensen

Shown By

Agency Title: United Real Estate Solutions
Agency Phone: 712-226-6000

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