Building Details

Year built 1905

Floors in Building 2

Flooring type Wood

Building materials Brick, Metal

Listing Agency: Skogman - Manchester

Listed By: Kristine Baldwin · License #B57925000 Show Phone

Added: Jul 24, 2025 Changed: Sep 26 Last Checked: Sep 27 at 10:06AM

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MLS# 152628

Copyright © 2026 East Central Iowa Association 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 1905 commercial property includes three buildings and parcels configured for restaurant and bar operations, along with two apartments that are fully leased. Restaurant and bar equipment is included, while the improvements feature brick and metal construction, wood flooring, forced-air heat, and central air conditioning. A basement and five bathrooms add functional support space.

The property is located at 115 N Washington Street in Edgewood, Iowa. Public water and public sewer serve the site. The combination of existing commercial improvements and occupied residential space provides a varied property configuration for an owner or operator.

Key Highlights

• Three buildings and parcels included in the sale
• Restaurant and bar equipment included
• Two apartments are fully leased

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service Furniture & Home Goods Building Supply Kitchen & Bath Showroom Butcher Barber Shop

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

2

Residential units

100%

Occupancy

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

119

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 52042, IA

1,828

Population

770

Households

2.4

Avg Household Size

38

Median Age

12%

College-Educated

83%

High-School Grad

60.5 sq mi

ZIP Area

30

Density / Sq Mi

$74,423

Median Household Income

$45,572

Median Earnings

$788

Median Rent

$230,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Furnished Restaurant with Apartment

100 N Washington St, Edgewood, IA 52042

$250,000

5,010 SF

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Mixed-Use Income Property with Equipment

115 N Washington Street, Edgewood, IA 52042

$180,000

5,273 SF

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant and bar equipment remains in place, with two leased apartments providing additional occupancy.

Where is this conventional restaurant located?

The property is located at 115 N Washington Street Edgewood, IA.

What is the asking price?

The asking price for this property is $180,000.

What are key features of this property?

This property features: Three buildings and parcels included in the sale; Restaurant and bar equipment included; Two apartments are fully leased