100 Hill Avenue, Spirit Lake, IA 51360

$249,000

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