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100 Hill Avenue, Spirit Lake, IA 51360

$249,000

New Listing
  • MLS# 251680
  • Bedrooms N/A
  • Bathrooms N/A
  • Total Sq.ft 800
  • Property Type Commercial
  • Year Built 2018

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.

Legal: TBD- New lot being subdivided approx 75-80 ft wide and approx 165ft deep
Active

Property Information

  • 251680
  • $249,000
  • Sale
  • Business Opportunity
  • COMMERCIAL
  • 100 Hill Avenue
  • Spirit Lake
  • IA
  • 51360
  • 800
  • 0.00
  • 99
  • 2022
  • 2018

Utilities

  • No

LISTED BY

Jensen Real Estate, Michael Jensen (712.320.7245)

Property Location

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Request Info For MLS #251680

Brooke Jones - Broker Associate, ABR|RSPS, Lakeshore and Residential Expert

Brooke Jones

Broker Associate, ABR|RSPS, Lakeshore and Residential Expert

Tracy Evans - Residential Expert

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