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    2203 Commerce Dr Grundy Center, IA 50638

    For Sale
    $335,000

    SINGLE_FAMILY - Grundy Center, IA

    Type:Retail
    Lot size:
    0.38 Acres
    Days on Market:
    71
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for 2203 Commerce Dr

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    C
    APN
    871711402007
    Lot size
    0.38 Acres

    Utilities

    Heating system
    Radiant

    Building Details

    Year built
    2020
    Flooring type
    Concrete
    Building materials
    Frame
    Roof type
    Metal

    Berkshire Hathaway HomeServices One Realty Centre (319) 233-7000 [email protected]

    Listing agent Jared Hottle (319) 277-1077

    Listing date Sep 27, 2025

    Copyright © 2025 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.

    Overview

    Turnkey Commercial Building in Grundy

    This commercial property, constructed in 2020, offers over 2,000 square feet of space. Currently operating as an ice cream shop, it comes fully equipped with newer equipment, a large walk-in freezer, a drive-thru window, and a spacious indoor dining area. Geothermal heating ensures consistent comfort and energy efficiency. Two overhead doors provide flexibility for loading, deliveries, or adapting the space for alternative uses. Situated on a well-traveled road with strong traffic counts, the property offers ideal visibility and accessibility for retail, food service, or a service-based business. It is suitable for continued food use, a quick service restaurant (QSR), retail, or even a lube shop or small auto service center with minor modifications. The property is located in Grundy Center, Iowa, on a 0.375-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Spartan Freeze Restaurant Spartan Car Wash ... Car Wash

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Grundy Center
    County
    Grundy
    State
    Iowa
    Longitude
    -92.795715
    Latitude
    42.361158

    Nearby Similar for Sale

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      0.71 Acres

      Turnkey Daycare Center Opportunity

      Dual-level daycare center in Grundy Center, certified for 55 children.
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    • $350,000
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      Commercial Property with Ice Cream Shop

      Commercial property with existing ice cream shop and tenant.
      1309 G Ave, Grundy Center, IA 50638
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    • $642,857
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      Prime Grundy Center Retail Investment

      Dollar General-Leased Retail Property
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    FAQs

    What type of property is this?
    Turn key restaurant - Well-equipped commercial property ideal for retail or restaurant use.
    Where is this turn key restaurant located?
    The property is located at 2203 Commerce Dr Grundy Center, IA.
    What is the asking price?
    The asking price for this property is $335,000.
    What are key features of this property?
    This property features: - Turnkey ice cream shop with newer equipment, walk-in freezer, and drive-thru; - Built in 2020, modern construction with over 2,000 sq ft of versatile space; - High-visibility location on a well-traveled road with strong traffic counts
    (319) 277-1077
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    Grundy Center, IA 50638
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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
    2203 Commerce Dr Grundy Center, IA 50638
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