Renovated Coffee Shop and
For Sale
$1,449,000
305-309 Gilman Street, Sheffield, IA 50475
Commercial Sale, Sheffield, IA
Property SizeContact for details
Days on Market74
Property Features for 305-309 Gilman Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
On Street
Fencing
Chain Link
Basement
Finished
Appliances
Range, Dishwasher, Refrigerator, Freezer
Directions
HWY 65 to Sheffield. Turn W on Gilman St. building on S side of street. I-35 exit 176 to Sheffield. 10 miles E in County Rd C13 into Sheffield.
Standard status
Active
APN
0304382018, 0304382010
Taxes and HOA fees
Tax Year
2024
Tax Description
SHEFFIELD LOTS 8-9, 10-11-12 BLK 10
Tax Annual Amount
1898
Legal Description
SHEFFIELD LOTS 8-9, 10-11-12 BLK 10
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1921
Flooring type
Concrete
Building materials
Brick
Roof type
Metal, Rubber, Tar/Gravel
Architectural style
Other
Listing Agency:
Century 21 Preferred
(641) 424-9400
Listed By:
Amy Davidson
(641) 420-3463
Added: Jul 8
Changed: Sep 12
Last Checked: Sep 19 at 6:06AM
MLS# 6340153
Copyright © 2026 NoCoast MLS. 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 established coffee shop and restaurant business includes the real estate, furniture, fixtures, and equipment. The offering covers two parcels identified for the restaurant and lounge, creating a combined food-and-beverage operation with specialty coffee service and event-oriented use. The business has operated since 2017, while the brick building dates to 1921 and has received recent major improvements.
Property features include concrete flooring, forced-air heating, central air conditioning, public sewer, and a mix of tar/gravel, metal, and rubber roofing. Included equipment consists of a range, dishwasher, refrigerator, and freezer. On-street parking and chain-link fencing serve the property at 305-309 Gilman Street in Sheffield, Iowa. Decor is negotiable.
Property features include concrete flooring, forced-air heating, central air conditioning, public sewer, and a mix of tar/gravel, metal, and rubber roofing. Included equipment consists of a range, dishwasher, refrigerator, and freezer. On-street parking and chain-link fencing serve the property at 305-309 Gilman Street in Sheffield, Iowa. Decor is negotiable.
Key Highlights
- Established coffee shop business operating since 2017
- Two parcels included: restaurant and lounge
- Real estate, furniture, fixtures, and equipment included
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
122
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 50475, IA
1,621
Population
624
Households
2.6
Avg Household Size
45
Median Age
17%
College-Educated
97%
High-School Grad
95.1 sq mi
ZIP Area
17
Density / Sq Mi
$78,333
Median Household Income
$43,516
Median Earnings
$648
Median Rent
$155,600
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Coffee shop - Established food-and-beverage business with restaurant and lounge components.
Where is this coffee shop located?
The property is located at 305-309 Gilman Street Sheffield, IA.
What is the asking price?
The asking price for this property is $1,449,000.
What are key features of this property?
This property features: Established coffee shop business operating since 2017; Two parcels included: restaurant and lounge; Real estate, furniture, fixtures, and equipment included
