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Conventional Restaurant With Banquet Space
For Sale
$750,000

812 4th Ave S, Denison, IA 51442

Commercial, Denison, IA

Property SizeContact for details
Lot Size1.13 Acres
Days on Market54

Property Features for 812 4th Ave S

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Surrounding Areas/Other Areas
Standard status Active
APN 1311306013 thru 19
Lot size 1.13 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description DENISON BLK 131 LOT 12, DENISON BLK 131 LOT 13, DENISON BLK 131 LOT 14, DENISON BLK 131 LOT 15, DENISON BLK 131 LOT 16, DENISON BLK 131 LOT 17, DENISON BLK 131 L0T 18
Tax Annual Amount 15544
Legal Description DENISON BLK 131 LOT 12, DENISON BLK 131 LOT 13, DENISON BLK 131 LOT 14, DENISON BLK 131 LOT 15, DENISON BLK 131 LOT 16, DENISON BLK 131 LOT 17, DENISON BLK 131 L0T 18

Building Details

Year built 1953
Listing Agency: Century 21 ProLink
Listed By: KJ Wingert · License #S69502000
Added: Jul 21 Changed: Sep 9 Last Checked: Sep 12 at 7:06AM
MLS# 833890

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Cronk's Cafe at 812 4th Ave S in Denison, IA, combines a restaurant, bar, private dining area, and large banquet room. The main dining room seats over 100 guests, the private party room accommodates approximately 45, and the bar provides seating for 30. The event room includes two pool tables, two buffet stations, a foosball table, 33 tables, lighting and sound equipment, and space for weddings, receptions, live entertainment, and community gatherings.

The commercial kitchen is equipped with three hood systems, two 60-inch flat grills, a gas grill, two ovens, prep and steam tables, a deep fryer, broaster, meat slicer, walk-in cooler, ice machine, dishwasher, and serving supplies. Additional features include a 60+ vehicle parking lot redone three years ago, four HVAC units, 3-phase power, and basement cold storage. Furniture, fixtures, equipment, and inventory are included. The property was built in 1953 and has operated as Cronk's Cafe since 1929.

Key Highlights

  • Main dining room seats over 100 guests; private party room accommodates approximately 45
  • Banquet room includes two pool tables, two buffet stations, a foosball table, 33 tables, and lighting and sound equipment
  • Commercial kitchen includes three hood systems, two 60‑inch flat grills, two ovens, and a walk‑in cooler

Property Analytics

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Current Use

Cronk's Cafe Restaurant

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Grocery & Convenience Store HVAC Service Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

528
Businesses Nearby
33k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 77% Shops & Services 21% Home Improvements & Furnishings 2%
Burger King Dining
8,963 visits/mo 0.3 miles
Scooter's Coffee Dining
7,792 visits/mo 0.3 miles
SUBWAY Dining
6,752 visits/mo 0.2 miles
Consumers Credit Union Shops & Services
2,655 visits/mo 0.5 miles
Wells Fargo Shops & Services
1,984 visits/mo 0.3 miles

Demographics for 51442, IA

9,763
Population
3,772
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
78%
High-School Grad
159.6 sq mi
ZIP Area
61
Density / Sq Mi
$64,399
Median Household Income
$35,375
Median Earnings
$763
Median Rent
$146,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully equipped kitchen, bar, and event facilities support restaurant and private-function operations.
Where is this conventional restaurant located?
The property is located at 812 4th Ave S Denison, 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: Main dining room seats over 100 guests; private party room accommodates approximately 45; Banquet room includes two pool tables, two buffet stations, a foosball table, 33 tables, and lighting and sound equipment; Commercial kitchen includes three hood systems, two 60‑inch flat grills, two ovens, and a walk‑in cooler
More about this property
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