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Restaurant With Event Space
For Sale
$150,000

107 Iowa Avenue, Dunlap, IA 51529

COMMERCIAL - Other - Dunlap, IA

Property SizeContact for details
Lot Size0.29 Acres
Days on Market74

Property Features for 107 Iowa Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Business/Commercial
Basement Partial
Appliances Exhaust Fan, Refrigerator, Freezer
Lot features Corner Lot
Directions google
Standard status Active
APN 442002004600000
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOT 16 BLK 17, LOT 17 BLK 17, LOTS 18, 19, & 20 BLK 17
Tax Annual Amount 1366
Legal Description LOT 16 BLK 17, LOT 17 BLK 17, LOTS 18, 19, & 20 BLK 17

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1930
Number of units 2
Flooring type Concrete
Building materials Block, Brick
Architectural style Other
Listing Agency: Realty One Group Sterling - Woodbine
Listed By: Patricia Reisz · License #***
Added: Jun 11 Changed: Aug 19 Last Checked: Aug 23 at 1:06AM
MLS# 6339269

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 conventional restaurant property provides more than 3,000 SF with seating for 60+ guests, a dance floor and karaoke area, televisions, and room for events and community gatherings. Included fixtures and equipment feature a pizza oven/machine, walk-in cooler, storage shed, exhaust fan, refrigerator, and freezer. The building has block and brick construction, concrete flooring, forced-air heat, central air, and public water service.

The property includes 3 parcels totaling 0.29 acres. An additional lot is available for uses identified in the property plan, including sand volleyball, bags/corn hole, mini putt-putt, patio seating, or added parking. Business/Commercial zoning applies. Existing signage may remain, while the liquor license is not currently in effect and any liquor inventory would be negotiated separately.

Key Highlights

  • More than 3,000 SF with seating for 60+ guests
  • Dance floor, karaoke area, TVs, and event‑gathering space
  • Fixtures and equipment included, including pizza oven/machine and walk‑in cooler

Property Analytics

Current Use

The Lower Bar & Grill Bar & Pub The Buffalo Club Bar & Pub Nuther Round Bar ... Bar & Pub

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Law Firm Electrical Service Plumbing Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

136
Businesses Nearby
Balanced
Demand for This Use

Demographics for 51529, IA

1,665
Population
914
Households
1.8
Avg Household Size
47
Median Age
20%
College-Educated
93%
High-School Grad
132.3 sq mi
ZIP Area
13
Density / Sq Mi
$66,042
Median Household Income
$38,866
Median Earnings
$922
Median Rent
$139,400
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property with included equipment, flexible gathering areas, and an extra lot for outdoor amenities or parking.
Where is this conventional restaurant located?
The property is located at 107 Iowa Avenue Dunlap, IA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: More than 3,000 SF with seating for 60+ guests; Dance floor, karaoke area, TVs, and event‑gathering space; Fixtures and equipment included, including pizza oven/machine and walk‑in cooler
More about this property
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