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Turnkey Restaurant and Bakery Business
For Sale
Under Contract
$110,000

104 N 1St Street, Montrose, IA 52639

COMMERCIAL - Other - Montrose, IA

Property SizeContact for details
Lot Size0.07 Acres
Days on Market47

Property Features for 104 N 1St Street

General Information

Property type Commercial Sale
Property subtype Other
Window features Display Window(s), Window Treatments
Accessibility Accessible Approach with Ramp
Appliances Exhaust Fan, Freezer, Washer, Dryer, Gas Water Heater
Lot features Irregular Lot, Corner Lot
View River
Directions Located at the corner of 1st and Main Streets
Standard status Active Under Contract
APN 013918102820060
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description N601 LOT 12 BLK 21
Tax Annual Amount 810
Legal Description N601 LOT 12 BLK 21

Utilities

Heating system Forced Air
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1950
Number of units 3
Flooring type Tile, Drainage, Concrete
Building materials Frame, Metal Siding, Vinyl Siding
Roof type Metal
Architectural style Other
Listing Agency: Fraise Auction & Real Estate
Listed By: Corey Fraise · License #***
Added: Jun 19 Changed: Jul 12 Last Checked: Aug 4 at 1:06AM
MLS# 6339500

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.

This turnkey offering combines a well-known ice cream shop and bakery with a coin-operated laundromat under one roof. The sale includes the real estate and equipment, providing an operator-ready platform for continuing the existing business or reconfiguring the space for a new concept.

The property sits on a corner lot with ample parking and is located about one block from the Mississippi River waterfront, public dock, and playground. It also faces the Farmers Market.

Because the sale includes both the building and equipment, the property is presented as a complete operating package rather than a shell space.

Key Highlights

  • Turnkey business opportunity in Montrose, Iowa with ice cream shop, bakery, and coin‑operated laundromat under one roof
  • Sale includes the real estate and equipment for the Double Dipper & Montrose Bakery
  • Corner lot with ample parking, one block from the Mississippi River waterfront, public dock, and playground

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Auto Parts Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Auto Repair Shop

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

61
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Casey's General Store Shops & Services
3,055 visits/mo 0.1 miles

Demographics for 52639, IA

1,847
Population
768
Households
2.4
Avg Household Size
48
Median Age
10%
College-Educated
96%
High-School Grad
39.2 sq mi
ZIP Area
47
Density / Sq Mi
$61,250
Median Household Income
$44,286
Median Earnings
$814
Median Rent
$146,400
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
Rey
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 - Turnkey restaurant, ice cream shop, bakery, and coin-operated laundromat offered with real estate and included equipment.
Where is this conventional restaurant located?
The property is located at 104 N 1St Street Montrose, IA.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Turnkey business opportunity in Montrose, Iowa with ice cream shop, bakery, and coin‑operated laundromat under one roof; Sale includes the real estate and equipment for the Double Dipper & Montrose Bakery; Corner lot with ample parking, one block from the Mississippi River waterfront, public dock, and playground
More about this property
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