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    2105 Broadway Elk Horn, IA 51531

    For Sale
    $369,000

    Commercial Building - Elk Horn, IA

    Property size:
    2,400 SF
    Lot size:
    0.12 Acres
    Days on Market:
    34
    Last Refresh:
    Dec 7 at 4:06 pm

    Property Features for 2105 Broadway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    200
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    5
    Parking features
    Garage
    Size
    2,400 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Electric (Heating), Geothermal (Heating), Solar (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1940
    Year renovated
    1940
    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Wood Siding
    Roof type
    Tile
    Architectural style
    Other

    Wayne Hansen Real Estate Llc (712) 764-7654

    Listing agent Kathryn Kilworth (712) 764-7653

    Listing date Nov 4, 2025

    MLS# 11599904 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Restaurant Building For Sale

    This renovated 2400 square foot building, formerly Grace on Main Restaurant, presents a turnkey opportunity to own a restaurant or establish a new business. Renovated in 2011, the property features HVAC/geothermal, heated flooring, a tile roof with solar panels, fixtures, walls, a kitchen, prep space, storage, a front bar, and bathrooms. All equipment and furniture are included. The location offers ample parking and overlooks the Wind Mill, with convenient access to Elk Horn's amenities. The lot size is 0.12 acres. The property is zoned 200 and is located in Elk Horn, Iowa.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Elk Horn
    County
    Shelby
    State
    Iowa
    Longitude
    -95.060797
    Latitude
    41.590568

    Nearby Similar for Sale

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    • $325,000
      4,500 SF

      Turn-Key Steel Building in Elk Horn

      60x75 steel building with office, bath, and large garage door.
      2011 High St, Elk Horn, IA 51531
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    • $850,000
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      Elk Horn Iowa Warehouse For Sale

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    FAQs

    What type of property is this?
    Turn key restaurant - Turnkey restaurant opportunity in Elk Horn, Iowa.
    Where is this turn key restaurant located?
    The property is located at 2105 Broadway Elk Horn, IA.
    What is the asking price?
    The asking price for this property is $369,000.
    What are key features of this property?
    This property features: - Turnkey restaurant opportunity (or other business) with all equipment and furniture included.; - Completely renovated in 2011 with updated HVAC/geothermal, kitchen, and fixtures.; - Ideal location in Elk Horn with ample parking and views of the Wind Mill.
    (712) 764-7653
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    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
    2105 Broadway Elk Horn, IA 51531
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