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    1113 S 2Nd Ave Sheldon, IA 51201

    For Sale
    $375,000

    Commercial - Sheldon, IA

    Lot size:
    0.92 Acres
    Days on Market:
    198
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 1113 S 2Nd Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0030910000
    Lot size
    0.92 Acres

    Building Details

    Year built
    1973
    Architectural style
    Other

    ISB Services Inc (712) 324-0104

    Listing agent Corey Elgersma (712) 324-0104

    Listing date May 22, 2025

    MLS# 828747 Listing URL

    Copyright © 2025 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.

    Overview

    Updated Restaurant Space For Sale

    This Sheldon restaurant, formerly known as “The Train Station Sheldon Depot”, offers over 5,000 square feet of updated space and is available for purchase. Major renovations were completed in 2024. The dining area and bar remain intact, and the kitchen includes new appliances and equipment that are freshly serviced and fully operational. The property features an updated HVAC system, fresh flooring, and paint, along with some décor and lighting. An outdoor patio was added in 2024. The space can accommodate games, live music, private parties, conferences, and meetings. Ample parking is available. The property sits on a 0.92-acre lot. The average monthly utility total is $1286.00, including gas and electric from MidAmerican Energy, and garbage, recycling, water, and sewer services provided by the City of Sheldon. This is a turnkey opportunity for a restaurant. The owners are prepared to assist in a seamless transition.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sheldon
    County
    O'Brien
    State
    Iowa
    Longitude
    -95.857111
    Latitude
    43.178808

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    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant opportunity with updated space and equipment.
    Where is this restaurant located?
    The property is located at 1113 S 2Nd Ave Sheldon, IA.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Turnkey restaurant opportunity with fully operational and recently serviced kitchen equipment and appliances.; - Major renovation completed in 2024, including updated HVAC, flooring, paint, decor, and lighting.; - Existing dining area and bar remain intact, allowing for immediate operation.
    (712) 324-0104
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    1113 S 2Nd Ave Sheldon, IA 51201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1113 S 2Nd Ave Sheldon, IA 51201
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