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Downtown Restaurant with Apartment
For Sale
$280,000

1034 8th Street, Onawa, IA 51040

COMMERCIAL - Onawa, IA

Property SizeContact for details
Lot Size0.14 Acres
Days on Market349

Property Features for 1034 8th Street

General Information

Property type Commercial Sale
Property subtype Other
Directions On 8th Street in Downtown Onawa.
Subdivision Surrounding Areas/Other Areas
Standard status Active
APN 834504350122
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 8' LOT 16 ALL LOTS 17 & 18 BLK 77
Tax Annual Amount 796
Legal Description 8' LOT 16 ALL LOTS 17 & 18 BLK 77

Building Details

Year built 1942
Listing Agency: Century 21 ProLink
Listed By: Jennifer Rose Bass
Added: Sep 11, 2025 Changed: Aug 19 Last Checked: Aug 25 at 2:06PM
MLS# 830195

Copyright © 2026 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This conventional restaurant property combines an established dining operation with the real estate at 1034 8th Street in Onawa, Iowa. The sale includes the business and a fully equipped commercial kitchen, along with the restaurant property itself.

An attached one-bedroom apartment and garage provide an additional residential component within the same property. The parcel contains 0.14 acres, and the building dates to 1942. Located in downtown Onawa, the property occupies a central setting in the community. The offering is structured as a combined business-and-real-estate sale.

Key Highlights

  • Sale includes the restaurant business and real estate
  • Fully equipped commercial kitchen
  • Attached 1‑bedroom apartment with garage

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

374
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 86% Dining 11% Electronics 4%
Casey's General Store Shops & Services
7,213 visits/mo 0.3 miles
Dollar General Shops & Services
4,193 visits/mo 0.5 miles
Sinclair Shops & Services
3,286 visits/mo 0.1 miles
Pizza Hut Dining
1,998 visits/mo 0.4 miles
U.S. Bank Shops & Services
1,224 visits/mo 0.1 miles

Demographics for 51040, IA

3,537
Population
1,677
Households
2.1
Avg Household Size
43
Median Age
18%
College-Educated
94%
High-School Grad
129.5 sq mi
ZIP Area
27
Density / Sq Mi
$60,642
Median Household Income
$38,628
Median Earnings
$828
Median Rent
$140,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Business and real estate sale includes a commercial kitchen plus an attached one-bedroom apartment with garage.
Where is this conventional restaurant located?
The property is located at 1034 8th Street Onawa, IA.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Sale includes the restaurant business and real estate; Fully equipped commercial kitchen; Attached 1‑bedroom apartment with garage
More about this property
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