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Restaurant with Franchise Rights
New
For Sale
$160,000

103 1st St SE, Primghar, IA 51245

Commercial, Primghar, IA

Property SizeContact for details
Lot Size0.13 Acres
Days on Market5

Property Features for 103 1st St SE

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Directions GPS
Subdivision Surrounding Areas/Other Areas
Standard status Active
APN 0000187700
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description ORIGINAL TOWN W 46' OF LOT 6 BLK 5
Tax Annual Amount 1180
Legal Description ORIGINAL TOWN W 46' OF LOT 6 BLK 5

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1910
Roof type Other
Listing Agency: Northwest Realty
Listed By: Joni Irwin
Added: Aug 17 Changed: Aug 19 Last Checked: Aug 21 at 9:06PM
MLS# 834250

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.

The Pizza Ranch restaurant at 103 1st St SE in Primghar occupies a 0.13-acre corner parcel in the downtown district. The sale includes the building, restaurant equipment, franchise rights, and video games. The property is zoned Commercial and was built in 1910.

Recent improvements include a conveyor oven and large prep table added in 2023, along with a remodeled game room and bathrooms completed that year. A new exhaust fan was installed in 2025. Building systems include forced-air heat and central air conditioning. The O'Brien County Courthouse is located across the street, providing a defined civic setting for this established restaurant property.

Key Highlights

  • Restaurant, building, equipment, franchise rights, and video games included
  • 0.13‑acre corner lot at 103 1st St SE in downtown Primghar
  • Conveyor oven and large prep table added in 2023

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Storage Facility Building Supply Daycare Center Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

158
Businesses Nearby
5k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 90% Home Improvements & Furnishings 10%
Cenex Shops & Services
4,352 visits/mo 0.2 miles
Shea True Value Hardware Home Improvements & Furnishings
473 visits/mo 0.1 miles

Demographics for 51245, IA

1,306
Population
526
Households
2.5
Avg Household Size
41
Median Age
29%
College-Educated
92%
High-School Grad
77.4 sq mi
ZIP Area
17
Density / Sq Mi
$78,958
Median Household Income
$46,250
Median Earnings
$933
Median Rent
$139,500
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 - Corner-lot restaurant includes equipment, gaming amenities, and franchise rights.
Where is this conventional restaurant located?
The property is located at 103 1st St SE Primghar, IA.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Restaurant, building, equipment, franchise rights, and video games included; 0.13‑acre corner lot at 103 1st St SE in downtown Primghar; Conveyor oven and large prep table added in 2023
More about this property
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