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Established Restaurant Business For Sale
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1011 N Broadway St, Red Oak, IA 51566

Well-established restaurant business opportunity on a busy main street.

Property Size1,495 SF
Price / SF$56.86
Days on Market1423

Property Features for 1011 N Broadway St

General Information

Standard status Active
Size 1,495 SF
Property subtype Retail

Building Details

Year Built 1961
Buildings 1
Stories 1
Units 1
Listing Agency: Rubey Realty
Listed By: Audie Rainey · License #IA B61131000
Source: Crexi
Added: Sep 20, 2022 Changed: Aug 8 Last Checked: Aug 11 at 3:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rubey Realty

Investment Insights

Based on property information with market context.

The China Gate Express, located at 1011 N Broadway, presents an opportunity for new ownership. This established restaurant is situated on the main street in Red Oak. The property size is 1495 square feet. This is an operating business and is being sold as such.

Key Highlights

  • Well‑established business ready for new ownership
  • Excellent business opportunity
  • Located on busy main street in Red Oak

Property Analytics

Current Use

China Gate Express Restaurant

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Barber Shop Cafe & Coffee Shop Storage Facility

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

Location Intelligence

Trade Area within ½ mile

131
Businesses Nearby
29k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 82% Home Improvements & Furnishings 16% Hotels & Casinos 2%
Cubby's Shops & Services
10,076 visits/mo 0.1 miles
Dollar General Shops & Services
6,762 visits/mo 0.3 miles
BP Shops & Services
4,851 visits/mo 0.5 miles
Tractor Supply Co. Home Improvements & Furnishings
4,649 visits/mo 0.3 miles
First Interstate Bank Shops & Services
1,555 visits/mo 0.2 miles

Demographics for 51566, IA

6,772
Population
3,435
Households
2
Avg Household Size
44
Median Age
19%
College-Educated
91%
High-School Grad
176.4 sq mi
ZIP Area
38
Density / Sq Mi
$58,264
Median Household Income
$40,632
Median Earnings
$783
Median Rent
$116,200
Median Home Value

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Well-established restaurant business opportunity on a busy main street.
Where is this conventional restaurant located?
The property is located at 1011 N Broadway St Red Oak, IA.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Well‑established business ready for new ownership; Excellent business opportunity; Located on busy main street in Red Oak
(712) 621-1818 Call to check price and availability
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