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    Sheldon, IA Conventional Restaurants for Sale

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    Ashton, IA Sanborn, IA Orange City, IA
    Turnkey Restaurant with Outdoor Patio
    $299,000
    0.92 Acres
    Turnkey Restaurant with Outdoor Patio

    1113 S 2nd Avenue, Sheldon, IA 51201

    Fully renovated Sheldon restaurant with intact dining, bar, and kitchen operations, plus a newly added outdoor patio.
    • Restaurant building built in 1973 with over 5,000 sq ft of updated space
    • Major renovation in 2024, including updated HVAC, fresh flooring, and paint
    • Kitchen includes many new appliances and equipment and is freshly serviced and fully operational
    • Outdoor patio added in 2024 for year‑round dining and events
    • Dining area and bar will remain intact, with space to support games, live music, private parties, conferences, and meetings
    Updated: May 20, 2025
    View details
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Sheldon, 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.

    Drive-Thru Ready Restaurant Building
    $895,000
    Drive-Thru Ready Restaurant Building

    Versatile former bank/restaurant building with drive-thru infrastructure and strong highway exposure for restaurants or retail.

    3307 Hwy 71, Spirit Lake, IA 51360

    View details
    8-Story Office & Retail Building
    $2,750,000
    0.34 Acres
    8-Story Office & Retail Building

    Downtown multi-tenant building with street-level retail and restaurants and updated building systems.

    505 5th Street, Sioux City, IA 51101

    View details
    Drive-Thru Restaurant Opportunity
    Contact for pricing
    Drive-Thru Restaurant Opportunity

    Quick-serve-ready restaurant space with a double drive-thru lane and key kitchen infrastructure already in place.

    604 18th St, Spirit Lake, IA 51360

    View details
    Restaurant Space with Existing Equipment
    Contact for pricing
    2,071 SF
    Restaurant Space with Existing Equipment

    Renovated restaurant space with equipment, ready for immediate occupancy.

    201 Pierce Street 203, Sioux City, IA 51101

    View details

    Sheldon, IA Conventional Restaurants Investment Opportunities Market Analysis

    Explore 1 conventional restaurants for sale in Sheldon, IA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $299,000.

    Sale prices for conventional restaurants in Sheldon, IA start at $299,000, averaging $299,000, and reaching up to $299,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1
    Conventional restaurants 1
    Drive through restaurants 1

    Demographics Overview

    Population 6,226
    Population Growth (5Y) +4.3%
    Median Household Income $70,592
    College Educated 26.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    51201 $299K

    Taxes & Financing

    Tax Rate (average for all types) 2.56%
    Property Tax per SF $30.74 per SF
    Tax Rate vs County Average 0.52 pp above county avg
    Average Loan-to-Value 65.0%

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