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Two-Story Downtown Restaurant Building
For Sale
$145,000

110 N Franklin St., Manchester, IA 52057

Commercial Sale, Manchester, IA

Property SizeContact for details
Lot Size0.07 Acres
Days on Market40

Property Features for 110 N Franklin St.

General Information

Property type Commercial Sale
Property subtype Retail
Zoning CBD
Lot features Close to Shopping
Directions Turn on N Franklin St. from Hwy 13/E Main St
Standard status Active
APN 631293400400
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Comm 5' S of NE Cor Lot 142, N28-1/2' W112' S28-1/2' E to beg, being parts of lots 90, 91, 142 & 143, Manchester, Iowa, as recorded in Book H, Page 186 subject to easement for stairway.
Tax Annual Amount 2374
Legal Description Comm 5' S of NE Cor Lot 142, N28-1/2' W112' S28-1/2' E to beg, being parts of lots 90, 91, 142 & 143, Manchester, Iowa, as recorded in Book H, Page 186 subject to easement for stairway.

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Year built 1900
Roof type Metal, Membrane
Listing Agency: RE/MAX Independence Realty · RE/MAX International
Listed By: Curt Martin · License #B56021000
Added: Jul 28 Changed: Sep 4 Last Checked: Sep 5 at 8:06AM
MLS# 20263490

Copyright © 2026 Northeast 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 two-story brick and stucco commercial property includes more than 3,200 square feet of finished space on the main level. The current configuration provides dining areas, a commercial kitchen, preparation and service areas, and a full basement for storage. The unfinished second floor offers additional space for future buildout or reconfiguration. Restaurant equipment is offered separately from the real estate, allowing the transaction components to be considered independently.

The property is located at 110 N Franklin St. in downtown Manchester, Iowa, within the CBD zoning district. Built in 1900, it has forced-air, natural-gas heating and central air conditioning, including a new air conditioner and air handler installed in 2022. The site measures 0.07 acres and includes water availability and public sewer service. The roof systems are metal and membrane.

Key Highlights

  • More than 3,200 square feet of finished main‑level space
  • Two‑story brick/stucco commercial building with unfinished second floor
  • Existing dining areas, commercial kitchen, prep areas, and service areas

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Pharmacy Electrical Service Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Law Firm

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

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 61% Groceries 30% Shops & Services 9%
Fareway Groceries
11,595 visits/mo 0.2 miles
Hardee's Dining
8,752 visits/mo 0.1 miles
Scooter's Coffee Dining
7,631 visits/mo 0.2 miles
Burger King Dining
7,602 visits/mo 0.1 miles
Conoco Shops & Services
3,680 visits/mo 0.2 miles

Demographics for 52057, IA

8,064
Population
4,049
Households
2
Avg Household Size
45
Median Age
23%
College-Educated
91%
High-School Grad
138.9 sq mi
ZIP Area
58
Density / Sq Mi
$71,467
Median Household Income
$40,600
Median Earnings
$737
Median Rent
$168,800
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two-story commercial building with restaurant layout, basement storage, and unfinished upper-level space in CBD zoning.
Where is this conventional restaurant located?
The property is located at 110 N Franklin St. Manchester, IA.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: More than 3,200 square feet of finished main‑level space; Two‑story brick/stucco commercial building with unfinished second floor; Existing dining areas, commercial kitchen, prep areas, and service areas
More about this property
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