About This Home

This 0-bedroom, 0-bathroom commercial at 2209 Circle Drive in Spirit Lake, IA is listed for $650,000. Built in 1979, on a N/A lot.

Key Features

  • Built in 1979

Property Details

1979

Amenities

A/C
Listing Description

For Sale or Lease! An exceptional opportunity in a high-visibility, high-traffic location at the corner of Highways 71 and 9-over 5,000 vehicles pass by each day. This 1.4-acre property sits on level ground between Subway and Super 8. Formerly a national chain restaurant, the building is move-in ready and includes a drive-thru, commercial hood, walk-in cooler and freezer, and a large paved parking lot.

Recent improvements include a new roof and furnace. Offered for sale at $650,000 or available for lease at $5,500/month NNN with a minimum five-year term. All existing equipment can be included if desired.

Monthly Cost Estimate

$3,476/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,817
Insurance$190

Estimates only. Actual payments may vary.

Location

2209 Circle Drive

Spirit Lake, IA 51360

Property Details

Construction

Wood Siding

Parking

Driveway

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2209 Circle Drive is listed at $650,000. The estimated monthly payment is $3,477 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1979.

This property is listed by Michael Jensen.

MJ

Michael Jensen

Agent at Jensen Real Estate

Listed by Jensen Real Estate · Broker phone: (712) 320-7245 · Broker website

MLS# 260985· Source: Iowa Great Lakes Board of Realtors· 80 days on PropertySimple

Copyright © 2026 Iowa Great Lakes Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2209 Circle Drive, Spirit Lake, IA 51360

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