China Gate Express
For Sale
$85,000
1011 N Broadway Street, Red Oak, IA 51566
Commercial Sale, Red Oak, IA
Property SizeContact for details
Lot Size0.58 Acres
Days on Market1459
Property Features for 1011 N Broadway Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Business/Commercial
Parking features
Garage - Detached
Directions
Located on Broadway St on the west side, one block North of Fareway.
Standard status
Active
APN
600629229002000
Lot size
0.58 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
Kretchmer ADD LTS 1 THRU 5 BLK 2
Tax Annual Amount
2459
Legal Description
Kretchmer ADD LTS 1 THRU 5 BLK 2
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1961
Number of units
1
Building materials
Metal Siding
Architectural style
Other
Listing Agency:
Rubey Realty · Windermere Real Estate
(712) 623-2724
Listed By:
Sheryl Wederquist · License #***
(712) 542-0509
Added: Sep 2, 2022
Changed: Aug 19
Last Checked: Aug 30 at 11:06AM
MLS# 6302263
Copyright © 2026 NoCoast MLS. 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.
China Gate Express is an operating restaurant property at 1011 N Broadway Street in Red Oak, Iowa. The improvements date to 1961 and feature metal siding, forced-air heating, public water, and a detached garage. Business and commercial zoning supports the property’s restaurant use.
The rear portion of the property provides an additional leasing component and has its own electrical hookup. The parcel contains 0.58 acres within the 51566 postal area, offering an established restaurant operation together with a separate back-lot income stream.
The rear portion of the property provides an additional leasing component and has its own electrical hookup. The parcel contains 0.58 acres within the 51566 postal area, offering an established restaurant operation together with a separate back-lot income stream.
Key Highlights
- China Gate Express restaurant at 1011 N Broadway Street, Red Oak, IA 51566
- 0.58‑acre property with a separate back‑lot leasing component
- Rear lot has a separate electrical hookup
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
79k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Shops & Services 29%
Groceries 26%
Home Improvements & Furnishings 4%
Hy-Vee
Groceries
13,267 visits/mo
0.4 miles
McDonald's
Dining
11,026 visits/mo
0.3 miles
Casey's General Store
Shops & Services
8,673 visits/mo
0.3 miles
Fareway
Groceries
7,457 visits/mo
0.1 miles
Dollar Tree
Shops & Services
6,247 visits/mo
0.1 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property with a detached garage and separate electrical service serving the rear lot.
Where is this conventional restaurant located?
The property is located at 1011 N Broadway Street 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: China Gate Express restaurant at 1011 N Broadway Street, Red Oak, IA 51566; 0.58‑acre property with a separate back‑lot leasing component; Rear lot has a separate electrical hookup
