100 Hill Drive Spirit Lake, IA $ 249,000
100 Hill Drive
$ 249,000
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100 Hill Drive

Spirit Lake, IA, 51360
$ 249,000
Bedrooms-- Baths-- Sq 800

Monthly Estimate*

$ 1,553

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Commercial Property for sale in Spirit Lake, IA

for $249,000. This 800 square foot building was built in 2018 on a lot size of 0.28.

Cleaned and ready for the next generation, this landmark restaurant is truly turn-key. The Gingham Inn, a community favorite since 1962, is known for its famous Pan-Fried Chicken To Go with over 60 years of loyal following. Operate seasonally or year-round—this opportunity is flexible and full of potential. The property includes a fully equipped bar. Currently open just 14 hours per week, the business is primed for growth with low overhead, a small staff, and a proven location that has thrived for six decades. Customers pass by other establishments just to get the best Pan-Fried Chicken in town. Keep the tradition alive and make it your own! Incredible opportunity for $249,000.

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Commercial Active

Price

$ 249,000

Property Type

Commercial

Taxes

$ 99

Style

Business Opportunity

Lot Size

0.28

Year Built

2018

Town/City

Spirit Lake

County/Region

Dickinson

MLS | Web ID

250057

Features
General
Sewer Public Sewer
Construction Other(See Rmks)
Heating Forced Air
Cooling Ductless Unit
Roof Asphalt
current use Restaurant
Flood Zone No
Class COMMERCIAL
Assessments No
Type Business Opportunity
Yearly Taxes 99
Tax Year 2022
Fuel Natural Gas
Status Active
Sale/Rent For Sale
Status Detail 0
Construction Materials Wood Siding
Year Built 2018
City Spirit Lake
Total Sq Ft 800
DOM 328
Potential Short Sale No
Price Per Sq Ft Total AG 311.25
Public Remarks Cleaned and ready for the next generation this landmark restaurant is truly turn-key. The Gingham Inn a community favorite since 1962 is known for its famous Pan-Fried Chicken To Go with over 60 year
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Exterior
Waterfront 0
Lot Size Source Assessor
Water Source Public/City
Parking Features Driveway-Gravel
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* Excluded Features
List By
Michael Jensen

Listing Agent

Jensen Real Estate

Broker

(712) 320-7245

Phone

michael@buygreatlakes.com

Email

Affordability Calculator

$1,562
Per Month
99%
1%
0%
Monthly Principal & Interest
$1,553
Monthly Property Taxes
$8
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1883306 Elementary School
1883255 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/25/2025$249,000 -16.72% Price Down
7/2/2025$299,000 -19.73% Price Down
1/20/2025$372,500 Listed Price

Map


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100 Hill Drive, Spirit Lake, IA, 51360 is a Commercial Property for sale at $249,000 with 800 sqft and a lot size of 0.28. 100 Hill Drive was built in 2018. The property's zip code is 51360 which is in Spirit Lake, IA