Building Details

Year built 1930

Building materials Brick, Stone

Roof type Metal

Listing Agency: Hinn Real Estate r***@yahoo.com Show Phone

Listed By: Doug Small · License #S70351 Show Phone

Added: Aug 25 Changed: Sep 3 Last Checked: Sep 18 at 9:06PM

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MLS# 261055

Copyright © 2026 Iowa Great Lakes 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 a dining area and bar in two connected spaces, each with its own entrance and restroom facilities. The restaurant includes a commercial kitchen and walk-in cooler, while the bar is equipped with seating, a pool table, leased games, and a jukebox. The building dates to 1930 and has brick and stone construction, forced-air heating, central air, and a metal roof.

Public water and sewer serve the property, with a city sewer connection, new main waterline, and pitched metal roofing among the reported improvements. The business has operated under family ownership for more than 33 years and serves customers from Dickens, Spencer, surrounding farming communities, and local manufacturing and construction businesses. The owner plans to close operations on September 30, 2026, and is willing to discuss a transition period with the next operator.

Key Highlights

• Two connected spaces with separate entrances and restrooms
• Commercial kitchen and walk‑in cooler included
• Bar features seating, a pool table, leased games, and a jukebox

Property Analytics

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Current Use

Lindy's Steakhouse & Lounge Restaurant

Suggested Use

Top Pick Plumbing Service Building Supply Kitchen & Bath Showroom Big Box & Wholesale Store Restaurant

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

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

18

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 51333, IA

440

Population

195

Households

2.3

Avg Household Size

49

Median Age

19%

College-Educated

94%

High-School Grad

59.8 sq mi

ZIP Area

7

Density / Sq Mi

$96,563

Median Household Income

$48,864

Median Earnings

$985

Median Rent

$181,600

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

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?

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Connected dining and bar areas provide separate entrances and restrooms for distinct customer spaces.

Where is this conventional restaurant located?

The property is located at 205 Main Street Dickens, IA.

What is the asking price?

The asking price for this property is $149,900.

What are key features of this property?

This property features: Two connected spaces with separate entrances and restrooms; Commercial kitchen and walk‑in cooler included; Bar features seating, a pool table, leased games, and a jukebox