Cherokee, IA Commercial Real Estate for Sale

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Historic Grain Elevator and Distillery
Updated: Mar 22
Historic Grain Elevator and Distillery

314 S 5TH ST, Cherokee, IA 51012

$295,000
0.95 AC lot
Historic grain elevator & feed mill property at 314 S 5th Street, Cherokee, IA (Year built: 1962)
Retains grain handling systems and multiple storage components, plus an on‑site truck scale
Converted scale house and office space currently set up as a distillery and tasting room
Large flat storage warehouse for commodity, equipment, indoor vehicle/RV storage, or warehouse operations
Wood‑crib construction with substantial old‑growth structural timber and steel infrastructure
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Light Manufacturing and Office Facility
Updated: Jan 26
Light Manufacturing and Office Facility

525 S River Road, Cherokee, IA 51012

$475,000
2.00 AC lot
Commercial property on S River Road in Cherokee, IA with 18,999 sq ft total: 1,899 sq ft office, 12,900 sq ft light manufacturing, and 1,800 sq ft warehouse.
Office and main building are heated and air conditioned with forced air heating and central air.
Light manufacturing and warehouse areas feature multiple overhead doors with both dock and ground‑height access.
Lot is designed for drive‑thru delivery and load‑out, supporting convenient receiving and loading.
Warehouse includes a concrete floor and outdoor storage is available on site.
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Turnkey Restaurant and Bar Building
Turnkey Restaurant and Bar Building

119 E Main Street, Cherokee, IA 51012

$250,000
0.11 AC lot

Good-condition restaurant and bar building being sold with equipment and furnishings included.

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Flex Building with Drive-In Doors
Flex Building with Drive-In Doors

1450 N 2nd St N 2nd St, Cherokee, IA 51012

Contact for pricing
5.16 AC lot

Versatile dealership-to-flex building with climate-controlled showroom and warehouse space plus multiple drive-in and dock-high doors.

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Modern Office Building with Reception
Modern Office Building with Reception

110 N 2nd Street, Cherokee, IA 51012

$99,000
0.04 AC lot

Modern office building offering private offices, a reception area, a shared workspace, and a contemporary bathroom.

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Cherokee Land Ready to Build
Cherokee Land Ready to Build

1480 S 2nd Street, Cherokee, IA 51012

$89,000
2.18 AC lot

2.18 acres in Cherokee, ready for development with utilities.

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Turnkey Development Land
Turnkey Development Land

1480 S 2nd st, Cherokee, IA 51012

$89,000
2.18 AC lot

Level 2.18-acre commercial land lot with hard-surface access and on-site utilities, water, and sewer.

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Single-Tenant Retail Store with NN Lease
Single-Tenant Retail Store with NN Lease

1610 N 2nd St, Cherokee, IA 51012

Contact for pricing

Dollar Tree operates under a corporate-guaranteed 10-year NN lease with remaining term and scheduled rent increases.

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Agricultural Farmland Tract
Agricultural Farmland Tract

5333 T Ave, Cherokee, IA 51012

Contact for pricing
40.00 AC lot

Single-tract farmland auction offering cropland acres with Galva and Primghar soils and strong CSR2.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 9 Active listings in Cherokee, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Main Street Retail Building
Updated Main Street Retail Building

105 S Main St, Alta, IA 51002

$179,900
0.11 AC lot

Renovated commercial building with newly updated interior finishes, roof, windows, flooring, and rear parking.

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Turn-Key Train Car Restaurant
Turn-Key Train Car Restaurant

3 N Main Street, Alta, IA 51002

$100,000
0.17 AC lot

Fully equipped restaurant with a restored vintage train car dining feature and commercial kitchen, ready for immediate operation.

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Retail Flex Building with Overhead Door
Retail Flex Building with Overhead Door

108 N MAIN ST, Quimby, IA 51049

$45,500
0.06 AC lot

Front retail space is paired with a rear area accessible via an overhead garage door, plus a full kitchen.

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Convenience Store with Fuel Pumps
Convenience Store with Fuel Pumps

103 Highway 31, Quimby, IA 51049

$189,900

Turn-key convenience store with two fuel pumps, a 24' x 24' canopy, and recent improvements for ready operation.

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Off-Market Properties in Cherokee, IA

Consider similar Off-Market properties in Cherokee, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

205 Indian St
COMMERCIAL (GENERAL)

205 Indian St, Cherokee, IA 51012-1100

Value Estimation by Request
0.92 AC lot
View details
501 Elm St
WAREHOUSE, STORAGE

501 Elm St, Cherokee, IA 51012-1714

Value Estimation by Request
3,461 sqft 0.08 AC lot
View details
510 Main St
COMMERCIAL (GENERAL)

510 Main St, Cherokee, IA 51012-2038

Value Estimation by Request
7,000 sqft 0.62 AC lot
View details
213 5th St
COMMERCIAL (GENERAL)

213 5th St, Cherokee, IA 51012-1731

Value Estimation by Request
2,491 sqft 0.11 AC lot
View details
108 2nd St
OFFICE BUILDING

108 2nd St, Cherokee, IA 51012-1840

Value Estimation by Request
1,430 sqft 0.04 AC lot
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125 Main St
PROFESSIONAL BUILDING

125 Main St, Cherokee, IA 51012-1849

Value Estimation by Request
1,248 sqft 0.14 AC lot
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5th St
VACANT COMMERCIAL LAND

5th St, Cherokee, IA 51012

Value Estimation by Request
0.40 AC lot
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1217 2nd St
MEDICAL BUILDING

1217 2nd St, Cherokee, IA 51012-1375

Value Estimation by Request
4,930 sqft 0.90 AC lot
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320 Main St
RETAIL STORES (PERSONAL SERVICES)

320 Main St, Cherokee, IA 51012-2046

Value Estimation by Request
4,800 sqft 0.14 AC lot
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427 Main St
OFFICE/RESIDENTIAL (MIXED USE)

427 Main St, Cherokee, IA 51012-1734

Value Estimation by Request
3,804 sqft 0.06 AC lot
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318 Lk St
WAREHOUSE, STORAGE

318 Lk St, Cherokee, IA 51012-2108

Value Estimation by Request
4,500 sqft 0.60 AC lot
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1480 2nd St
WAREHOUSE, STORAGE

1480 2nd St, Cherokee, IA 51012

Value Estimation by Request
1,404 sqft 0.11 AC lot
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1480 2nd St
WAREHOUSE, STORAGE

1480 2nd St, Cherokee, IA 51012

Value Estimation by Request
1,404 sqft 0.14 AC lot
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518 2nd St
OFFICE/RESIDENTIAL (MIXED USE)

518 2nd St, Cherokee, IA 51012-1836

Value Estimation by Request
3,936 sqft 0.23 AC lot
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301 Locust St
RETAIL STORES (PERSONAL SERVICES)

301 Locust St, Cherokee, IA 51012-1812

Value Estimation by Request
6,392 sqft 0.19 AC lot
View details

Cherokee, IA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Cherokee, IA, showcased through 9 active listings on our real estate platform.

Sale prices for business properties in Cherokee, IA start at $89,000, averaging $216,166, and reaching up to $475,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 6,313
Population Growth (5Y) -1.1%
Median Household Income $56,964
College Educated 28.5%

High-Yield Neighborhoods for Investment

Identify Cherokee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
51012 $222.7K

Taxes & Financing

Tax Rate (average for all types) 2.31%
Property Tax per SF $31.81 per SF
Tax Rate vs County Average 0.32 pp above county avg
Average Loan-to-Value 65.0%

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