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    405 State St Garner, IA 50438

    Sponsored
    For Sale
    $175,000

    SINGLE_FAMILY - Garner, IA

    Type:Retail
    Lot size:
    0.19 Acres
    Days on Market:
    16
    Last Refresh:
    Jan 7 at 1:06 am

    Property Features for 405 State St

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    C
    APN
    2101250132
    Lot size
    0.19 Acres

    Building Details

    Year built
    1919

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

    Listing agent Jared Hottle (319) 277-1077

    Listing date Dec 23, 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

    Restaurant Opportunity in Downtown Garner

    This turn-key restaurant opportunity is located in downtown Garner. The former Pizza Ranch location features over 4,500 square feet, a complete commercial kitchen, a large dining area, multiple party rooms, and office space. The property benefits from high visibility with over 4,500 cars per day and excellent foot traffic on State Highway 18. Garner has a population of over 3,000 residents with an average income exceeding $86,000. The property is strategically located between Mason City, Clear Lake, and Forest City, and its county seat location brings consistent traffic. Situated on a lot of 0.189 acres, the property offers flexible use options, including operating a full restaurant, splitting the operation for rental income, or utilizing it as a pure investment. The location benefits from strong community support, an active Chamber of Commerce, and local bank backing. This property is ready for immediate operation and is suitable for a restaurateur, entrepreneur, or investor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Garner
    County
    Hancock
    State
    Iowa
    Longitude
    -93.601779
    Latitude
    43.101222

    Nearby Similar for Sale

    • $695,000
      2,200 SF

      Garner Retail Space - Hwy 18/69

      High-traffic corner lot retail building, 2 acres.
      930 Us Highway 18, Garner, IA 50438
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turn-key restaurant in downtown Garner with high traffic.
    Where is this restaurant located?
    The property is located at 405 State St Garner, IA.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Turn-key restaurant opportunity with complete commercial kitchen and large dining area.; - High traffic location: Over 4,500 cars/day plus excellent foot traffic on State Highway 18.; - Flexible use: Operate full restaurant, split operation/rental, or pure investment.
    (319) 288-5382
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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
    405 State St Garner, IA 50438
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