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 2 Last Checked: Sep 11 at 6:06PM

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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 restaurant property includes the operating business and real estate, with a commercial kitchen prepared for continued food-service use. An attached one-bedroom apartment and garage add a separate residential component to the improvements. Built in 1942, the property combines an established restaurant operation with an older building profile and downtown setting.

Located at 1034 8th Street in Onawa, the property occupies approximately 0.14 acres in the community’s downtown area. The sale includes the restaurant business, real estate, kitchen equipment, apartment, and garage. Financial information is available upon execution of a confidentiality agreement.

Key Highlights

• Operating restaurant business and real estate included
• Commercial kitchen in place
• 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

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 - Established dining business with a commercial kitchen, attached apartment, and garage included in the sale.

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: Operating restaurant business and real estate included; Commercial kitchen in place; Attached 1 bedroom apartment