Turnkey Restaurant with
1113 S 2nd Avenue Sheldon, IA 51201
For Sale
$299,000
COMMERCIAL - Sheldon, IA
Property Size5,000 SF
Lot Size0.92 Acres
Price / SF$59.80
Days on Market436
Property Features for 1113 S 2nd Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
0030910000
Lot size
0.92 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
ORIGINAL TOWN COMM SW COR BLK 6, N 135.7', E 217.65', SE 82.26', S 127.3', W 299.45' TO PT BEG BLK 6
Tax Annual Amount
6570
Building Details
Year built
1973
Listing Agency:
ISB Services Inc
(712) 324-0104
Listed By:
Corey Elgersma
(712) 348-1770
Added: May 20, 2025
Changed: Jul 29
Last Checked: Jul 29 at 8:06AM
MLS# 828747
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 renovated restaurant property offers over 5,000 square feet of updated space, with major renovations completed in 2024. The dining area and bar remain intact, and the kitchen with many new appliances and equipment is described as freshly serviced and fully operational. Improvements include an updated HVAC system, fresh flooring and paint, along with added decor and lighting.
A patio was added in 2024, and the property includes space designed to support events such as games, live music, private parties, conferences, and meetings. Ample parking is available for patrons.
Utility information is provided as an average monthly total of $1,286, with gas/electric through MidAmerican Energy. Garbage and recycling are handled by the City of Sheldon, and water and sewer are also provided by the City of Sheldon. The owners indicate they will assist with the transition and communication about the building’s operation and mechanics.
A patio was added in 2024, and the property includes space designed to support events such as games, live music, private parties, conferences, and meetings. Ample parking is available for patrons.
Utility information is provided as an average monthly total of $1,286, with gas/electric through MidAmerican Energy. Garbage and recycling are handled by the City of Sheldon, and water and sewer are also provided by the City of Sheldon. The owners indicate they will assist with the transition and communication about the building’s operation and mechanics.
Key Highlights
- Restaurant building built in 1973 with over 5,000 sq ft of updated space
- Major renovation completed in 2024; dining area and bar remain intact
- Kitchen includes many new appliances and equipment, freshly serviced and fully operational
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Renovated restaurant offering an updated kitchen, HVAC, dining/bar area, and a 2024 outdoor patio, with ample parking.
Where is this conventional restaurant located?
The property is located at 1113 S 2nd Avenue Sheldon, IA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Restaurant building built in 1973 with over 5,000 sq ft of updated space; Major renovation completed in 2024; dining area and bar remain intact; Kitchen includes many new appliances and equipment, freshly serviced and fully operational
