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    Lake Mills, IA
    Conventional Restaurant

    Lake Mills, IA Conventional Restaurants for Sale

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    Northwood, IA Forest City, IA Kiester, MN Thompson, IA Walters, MN Glenville, MN Albert Lea, MN Bricelyn, MN
    Brick Restaurant with Apartments
    Updated: Apr 11
    Brick Restaurant with Apartments

    210 W Main Street, Lake Mills, IA 50450

    Contact for pricing
    5,400 sf main‑level restaurant space remodeled in approximately 2002
    Brick building at 210 W Main Street in Lake Mills, Iowa
    Full kitchen with included appliances
    Three upper level apartments
    Multiple dining areas plus a rear entertaining room
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Mills, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Established Restaurant Property
    Established Restaurant Property

    235 State Street, Garner, IA 50438

    $145,000

    Large downtown commercial building with a long history of restaurant and bar use.

    View details
    Three-Storefront Retail Building
    Three-Storefront Retail Building

    405 State Street, Garner, IA 50438

    Contact for pricing
    5,700 sqft

    Corner-lot commercial space includes tables, chairs, and additional furnishings available for negotiation.

    View details
    Perkins NNN Restaurant
    Perkins NNN Restaurant

    2215 E Main St, Albert Lea, MN 56007

    Contact for pricing

    Established restaurant property with signage, main-road exposure, and an NNN lease requiring no landlord responsibilities.

    View details
    Coffee Shop with Lake View
    Coffee Shop with Lake View

    152 Bridge Avenue, Albert Lea, MN 56007

    Contact for pricing

    Food-and-beverage operation with restaurant furnishings, kitchen equipment, and an available franchise option.

    View details

    Lake Mills, IA Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Lake Mills, IA on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    Demographics Overview

    Population 3,001
    Population Growth (5Y) +10.9%
    Median Household Income $76,522
    College Educated 23.2%

    Taxes & Financing

    Tax Rate (average for all types) 2.47%
    Property Tax per SF $24.95 per SF
    Tax Rate vs County Average 0.26 pp above county avg
    Average Loan-to-Value 65.0%

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