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    407 2Nd St Ida Grove, IA 51445

    For Sale
    $199,000

    Commercial - Ida Grove, IA

    Lot size:
    0.06 Acres
    Days on Market:
    66
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 407 2Nd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    18-08-0604
    Lot size
    0.06 Acres

    Building Details

    Year built
    1900
    Architectural style
    Other

    Century 21 ProLink (712) 224-2300

    Listing agent KJ Wingert (712) 224-2300

    Listing date Oct 1, 2025

    MLS# 830497 Listing URL

    Copyright © 2025 Northwest 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

    Ida Grove Mixed-Use Opportunity

    This property in Ida Grove, Iowa, presents a versatile opportunity. The main level, formerly a full-service restaurant with seating for 60 including bar seating, features a built-in bar, a 10-foot hood system, produce sink, hand sink, men’s and women’s restrooms, a waitress station, and a storage area. The upper level includes a two-bedroom, one-bathroom apartment with a laundry area. Appliances such as the fridge, dishwasher, stove, washer, and dryer are included, and the current tenant is interested in remaining, offering immediate rental income potential. An older garage, currently used for storage, is located out back. This property is suited for mixed-use income potential or establishing a business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Davey's Bar & Grill Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ida Grove
    County
    Ida
    State
    Iowa
    Longitude
    -95.470432
    Latitude
    42.3449609

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    FAQs

    What type of property is this?
    Restaurant - Former restaurant with apartment and storage in Ida Grove, Iowa.
    Where is this restaurant located?
    The property is located at 407 2Nd St Ida Grove, IA.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Main level: Former full-service restaurant with seating for 60, built-in bar, and 10’ hood system.; - Upper level: Features a two-bedroom, one-bathroom apartment with laundry area.; - Appliances included: Fridge, dishwasher, stove, washer, and dryer in the apartment.
    (712) 224-2300
    Request Owner's contact information
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    Ida Grove, IA 51445
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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
    407 2Nd St Ida Grove, IA 51445
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