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    6008 W Lincoln Way Ames, IA 50014

    For Sale
    $475,000

    Business - Ames, IA

    Type:Business
    Lot size:
    1.14 Acres
    Days on Market:
    145
    Last Refresh:
    Dec 8 at 5:06 am

    Property Features for 6008 W Lincoln Way

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    Commercial
    Lot size
    1.14 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1956
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Tile, Vinyl
    Roof type
    Rubber
    Architectural style
    Other

    Friedrich Iowa Realty (515) 232-6175 [email protected]

    Listing agent Mike Purcell (515) 232-6175 License #B64484

    Listing date Jul 17, 2025

    MLS# 67465 Listing URL

    Copyright © 2025 Central Iowa Board of Realtors, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ames Commercial Property with Versatility

    This commercial property in Ames, Iowa, offers over 6,000 square feet of finished space on a 1.14-acre lot. Currently configured as a restaurant, bar, and event venue, the property is a versatile opportunity for various business ventures. It features a fully equipped commercial kitchen, spacious dining areas, private party rooms, two bar areas, and dedicated office space. Additional features include fireplaces, updated restrooms, a large basement for storage, and a greenhouse. The property also offers potential for outdoor seating. There are 30 existing parking spaces with room for expansion. The flexible layout and amenities make this property adaptable to hospitality, retail, office, or entertainment uses. It is located in a vibrant community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Spa & Massage Clothing Store Building Supply Gym & Fitness Daycare Center Auto Repair Shop Pharmacy Kitchen & Bath Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Ames
    County
    Story
    State
    Iowa
    Longitude
    -93.7003813
    Latitude
    42.0226804

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    FAQs

    What type of property is this?
    Restaurant - Turnkey commercial property in Ames, Iowa, suitable for various ventures.
    Where is this restaurant located?
    The property is located at 6008 W Lincoln Way Ames, IA.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Over 6,000 sq ft of finished space on 1.14 acres.; - Fully equipped commercial kitchen and two bar areas.; - Currently configured as a restaurant, bar, and event venue.
    (515) 232-6175
    Request Owner's contact information
    6008 W Lincoln Way Ames, IA 50014
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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
    6008 W Lincoln Way Ames, IA 50014
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