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440 Hwy 69 & Main St Lamoni, IA 50140

For Sale
$150,000

Commercial Business - Lamoni, IA

Property size:
560 SF
Lot size:
1.25 Acres
Days on Market:
47
Last Refresh:
Dec 7 at 3:06 pm

Property Features for 440 Hwy 69 & Main St

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Zoning
200
Rooms
Bathroom 1, Bathroom 2
Bathrooms
2
APN
1302351008 and 1302351026 plus 4 more
Parking features
Garage
Size
560 SF
Lot size
1.25 Acres

Building Details

Year built
1981
Year renovated
1981
Floors in Building
1
Architectural style
Other

Preferred Properties Real Estate Services (641) 784-6642

Listing agent Tabor Nowlin (641) 784-6642

Listing date Oct 22, 2025

MLS# 11340672 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

Turn-Key Restaurant Business Opportunity

This turn-key restaurant business, established in 1968, presents an opportunity to generate revenue from day one. The business, known as The Dairy Cup (The Dairy Cup, LLC & Soft Serve Empire, LLC), has been a fixture in this university town community for over 50 years. The well-refurbished and remodeled building features a commercially equipped and health-inspector-approved kitchen spanning 560 square feet, along with a 256-square-foot covered portico for ordering and dining. Additional outdoor dining is available with benches and tables in a shady, park-like area in the back. There is a public restroom accessible from the outside and a separate private employee restroom inside. The sale includes all equipment needed to operate the business, such as a Square POS system, Taylor soft serve ice cream machine, soda fountain, grill, deep fryer, steam table, freezers, refrigerators, and branded merchandise. Equipment lists and P&L sheets are available. The 1.25-acre lot offers the option to maintain the green space or develop it to suit various needs, including erecting greenhouses and gardens, or pasturing livestock. The Dairy Cup serves soft serve ice cream, shakes, beef burgers, tenderloins, chicken sandwiches, french fries, onion rings, and other specialty food items, with a full menu offering online ordering and curbside pick-up. Located in Lamoni, Iowa, just off I-35 between Des Moines and Kansas City, the property is minutes from the interstate and conveniently accessible to two airports. The location is central to ten different large-city markets.
Location Intelligence

Current Use by Public Records

Drive through restaurants

Map

City
Lamoni
County
Decatur
State
Iowa
Longitude
-93.558342
Latitude
41.46207

FAQs

What type of property is this?
Drive through restaurant - Established restaurant business with equipment, land, and development potential.
Where is this drive through restaurant located?
The property is located at 440 Hwy 69 & Main St Lamoni, IA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: - Turn-key restaurant business established for 50+ years, generating revenue from day one.; - Includes all equipment: POS system, ice cream machine, soda fountain, grill, fryer, freezers, refrigerators, and more.; - 1.25 acres of land with potential for development or expansion.
More about this property
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