100 Hill Ave - Restaurant FOR SALE


Spirit Lake, IA 51360
$249,000 USD
712-332-8081
100 Hill Ave, Spirit Lake, IA for Sale
$249,000 USD
Restaurant - FOR SALE
1/18
null | Request Cap Rate

100 Hill Ave
Spirit Lake, IA 51360


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$249,000 USD

PRICE/SF

$354 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Gingham Inn Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,639 SF

ZONING

-

APN/PARCEL ID

03-33-127-022

ASK ABOUT THIS PROPERTY

Michael JensenJensen Real EstateMore Info
712-332-8081

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Michael JensenJensen Real EstateMore Info
712-332-8081

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.