Restaurant Property with Outdoor
1113 S 2nd Ave, Sheldon, IA 51201
For Sale
$299,000
Commercial, Sheldon, IA
Property SizeContact for details
Lot Size0.92 Acres
Days on Market97
Property Features for 1113 S 2nd Ave
General Information
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Property subtype
Zoning
Directions
Subdivision
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APN
Lot size
Taxes and HOA fees
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Tax Annual Amount
Legal Description
Building Details
Year built
Listing Agency:
Keller Williams Siouxland · Keller Williams Realty
(712) 226-1900
Listed By:
Mark Hanson · License IA S68441000
(712) 251-0684
Added: Aug 5
Changed: Nov 4
Last Checked: Nov 9 at 3:06PM
MLS# 834119
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.
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Investment Insights
Based on property information with market context.
This restaurant property in Sheldon offers over 5,000 square feet of space and seating for 96. Work completed in 2024 included flooring, paint, lighting, decor, and updates to part of the HVAC system; an outdoor patio was also added. The building dates to 1973 and sits on a 0.92-acre parcel zoned Commercial.
The interior can accommodate dining as well as games, live music, private events, conferences, and meetings. The property also has parking and may be adapted for uses such as daycare, offices, or retail, subject to applicable requirements.
The interior can accommodate dining as well as games, live music, private events, conferences, and meetings. The property also has parking and may be adapted for uses such as daycare, offices, or retail, subject to applicable requirements.
Key Highlights
- Over 5,000 square feet of restaurant space
- Seating for 96
- 0.92‑acre parcel
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
476
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 51201, IA
6,408
Population
2,776
Households
2.3
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
115.7 sq mi
ZIP Area
55
Density / Sq Mi
$70,592
Median Household Income
$40,182
Median Earnings
$842
Median Rent
$182,500
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Renovated interior and flexible seating support dining and a range of gathering formats.
Where is this conventional restaurant located?
The property is located at 1113 S 2nd Ave 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: Over 5,000 square feet of restaurant space; Seating for 96; 0.92‑acre parcel
