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100 Hill Avenue

Spirit Lake, IA 51360
  • $249,000
  • STATUS: Active Under Contract
  • ON SITE: 29 Days
  • MLS #: 251680
Under Contract
UPDATED: 26 min ago
$249,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 800
    SQFT
  • $311
    $/SQFT
Type:
Commercial
Built:
2018
County:
Area:

School Ratings & Info

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.

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Iowa Great Lakes Board of Realtors logo © 2026 Iowa Great Lakes Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Integrity Real Estate. Data last updated: 2026-03-07T23:37:24.343.
www.integrityiowa.com/homes/172831717
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100 Hill Avenue Spirit Lake, IA 51360

  • Price: $249,000
  • Status: Active Under Contract
  • On Site: 29 Days
  • Updated: 26 min ago
  • MLS #: 251680
0
Beds
0
Baths
0
½ Baths
0.28
Acres
800
SQFT
$311
$/SQFT
2018
Built
County:
Dickinson
Area:
Spirit Lake
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.
Exterior Features

Construction Materials Wood Siding Roof Asphalt

Interior Features

Cooling Ductless Unit

Property Features

Construction Other(See Rmks) Current Use Restaurant Flood Zone No Fuel Natural Gas Heating Forced Air Lake Access No Land Size Sqft Approx 75x165 Legal TBD- New lot being subdivided approx 75-80 ft wide and approx 165ft deep Listing Type Exclusive Right To Sell Parking Features Driveway-Gravel Property Attached No Sale Or Rent For Sale Sewer Public Sewer Tax Amount 99 Tax Classification Commercial Tax Year 2022 Type Business Opportunity Water Source Public/City Waterfront No

Iowa Great Lakes Board of Realtors logo Listing provided by Michael Jensen of Jensen Real Estate: PRIM: 712-320-7245 .


Iowa Great Lakes Board of Realtors logo © 2026 Iowa Great Lakes Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Integrity Real Estate. Data last updated: 2026-03-07T23:37:24.343.
 
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584 HWY 71 S, Suite D
Arnolds Park IA, 51331