Restaurant Building with
For Sale
Contact for pricing
104 W Madison Street, Mount Ayr, IA 50854
Former restaurant building offers approximately 2,948 sq. ft. with a bar and minimal remaining restroom fixtures.
Property Size2,948 SF
Days on Market119
Property Features for 104 W Madison Street
General Information
Standard status
Active
Size
2,948 SF
Property subtype
Retail, Office, Industrial
Building Details
Year Built
1900
Listing Agency:
South Central Iowa Realty
(641) 344-4802
Listed By:
Wanda Hosfield
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 1:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of South Central Iowa Realty
Investment Insights
Based on property information with market context.
104 W Madison (Rexall Building) includes an existing structure first built in 1900, with an addition completed in 1980. The property totals approximately 2,948 square feet and has no basement. The building was formerly used as a restaurant, and the sale is presented as a fresh build-out opportunity: it will not include equipment, furniture, appliances, or decor. Along with the bar, only basic restroom necessities will remain.
The building is described as being surrounded by successful businesses and bordering Mount Ayr’s Courthouse Square.
If additional space is needed, the adjoining building is also available for sale, with the option to purchase one or both buildings. A smokehouse/pole shed is excluded from this offer.
The building is described as being surrounded by successful businesses and bordering Mount Ayr’s Courthouse Square.
If additional space is needed, the adjoining building is also available for sale, with the option to purchase one or both buildings. A smokehouse/pole shed is excluded from this offer.
Key Highlights
- Former restaurant building at 104 W Madison (Rexall Building) with approximately 2,948 SF
- Built in 1900 with an addition added in 1980
- No basement
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 78%
Dining 22%
Dollar General
Shops & Services
4,014 visits/mo
0.3 miles
SUBWAY
Dining
2,469 visits/mo
0.3 miles
Cenex
Shops & Services
1,417 visits/mo
0.5 miles
Napa Auto Parts
Shops & Services
1,104 visits/mo
0.2 miles
U.S. Bank
Shops & Services
1,094 visits/mo
0.1 miles
Demographics for 50854, IA
2,223
Population
1,070
Households
2.1
Avg Household Size
45
Median Age
26%
College-Educated
95%
High-School Grad
138.9 sq mi
ZIP Area
16
Density / Sq Mi
$69,352
Median Household Income
$41,122
Median Earnings
$712
Median Rent
$151,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Former restaurant building offers approximately 2,948 sq. ft. with a bar and minimal remaining restroom fixtures.
Where is this conventional restaurant located?
The property is located at 104 W Madison Street Mount Ayr, IA.
What are key features of this property?
This property features: Former restaurant building at 104 W Madison (Rexall Building) with approximately 2,948 SF; Built in 1900 with an addition added in 1980; No basement
