Building Details

Year built 1942

Listing Agency: Century 21 ProLink Show Phone

Listed By: Jennifer Rose Bass Show Phone

Added: Sep 11, 2025 Changed: Sep 23 Last Checked: Sep 29 at 5:06AM

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MLS# 830195

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.

This 1942 restaurant property occupies a 0.14-acre lot in downtown Onawa and includes a fully equipped commercial kitchen. The sale encompasses both the real estate and the operating business, providing a combined restaurant and business offering.

An attached one-bedroom apartment and garage are part of the property, adding a residential component to the commercial layout. The building’s established restaurant configuration and existing kitchen equipment support continued food-service use, subject to the buyer’s plans and applicable requirements.

Key Highlights

• Fully equipped commercial kitchen
• Sale includes the business and real estate
• Attached 1‑bedroom apartment

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Kitchen & Bath Showroom

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

1

Residential units

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

374

Businesses Nearby

19k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 86% Dining 11% Electronics 4%

Casey's General Store Shops & Services

7,213 visits/mo 0.3 miles

Dollar General Shops & Services

4,193 visits/mo 0.5 miles

Sinclair Shops & Services

3,286 visits/mo 0.1 miles

Pizza Hut Dining

1,998 visits/mo 0.4 miles

U.S. Bank Shops & Services

1,224 visits/mo 0.1 miles

Demographics for 51040, IA

3,537

Population

1,677

Households

2.1

Avg Household Size

43

Median Age

18%

College-Educated

94%

High-School Grad

129.5 sq mi

ZIP Area

27

Density / Sq Mi

$60,642

Median Household Income

$38,628

Median Earnings

$828

Median Rent

$140,400

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

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Former restaurant property includes a commercial kitchen, attached apartment, and garage for added operational flexibility.

Where is this conventional restaurant located?

The property is located at 1034 8th Street Onawa, IA.

What is the asking price?

The asking price for this property is $280,000.

What are key features of this property?

This property features: Fully equipped commercial kitchen; Sale includes the business and real estate; Attached 1‑bedroom apartment