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    501 S Locust St Glenwood, IA 51534

    For Sale
    $750,000

    Business with RE - GLENWOOD, IA

    Property size:
    1,250 SF
    Lot size:
    0.22 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 501 S Locust St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    056510000000000
    Parking features
    Paved or Surfaced
    Size
    1,250 SF
    Lot size
    0.22 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air, Gas (Cooling)

    Building Details

    Year built
    2001
    Floors in Building
    1
    Building materials
    Frame
    Roof type
    Asphalt
    Architectural style
    Other

    Better Homes & Gardens Real Estate The Good Life Group (402) 932-5989 [email protected]

    Listing agent Emily Swinford (402) 932-5989 License #S63048000

    Listing date Nov 24, 2025

    MLS# 25-2474 Listing URL

    Copyright © 2025 Southwest Iowa Association 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

    Established Business with Real Estate

    This established, locally owned business, a community favorite for over 10 years, is known for its strong brand, loyal customer base, and service. This turn-key coffee and ice cream shop offers a chance to step into a thriving, year-round operation. Situated on Locust Street, the property sits on a corner lot with a full drive-through, private parking, and outdoor picnic seating. A 2022 addition nearly doubled the square footage to 1250 square feet and includes a walk-in refrigerator and freezer, upgraded 3-phase electrical, and the infrastructure needed to expand into food service if desired. The property is zoned commercial and sits on 0.22 acres in GLENWOOD, IA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Harvest Moon Coffee ... Coffee Shop

    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.

    Similar Places Nearby

    Gathering Place 2.0, Harvest Moon Coffee & Specialty, The Light House Cafe and Coffee Olde Towne Bellevue, Gathering Place, The Round Table Tea Bar

    Location Insight

    • Map
    • Local Demand
    City
    Glenwood
    County
    Mills
    State
    Iowa
    Longitude
    -95.744506
    Latitude
    41.051715

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    FAQs

    What type of property is this?
    Coffee shop - Thriving coffee and ice cream shop with real estate.
    Where is this coffee shop located?
    The property is located at 501 S Locust St Glenwood, IA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Established business with strong brand, loyal customer base, and proven profitability.; - Prime corner lot location on highly visible Locust Street with drive-through access.; - Significant 2022 expansion nearly doubled square footage, including walk-in refrigeration.
    (402) 932-5989
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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
    501 S Locust St Glenwood, IA 51534
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