1113 S 2nd Avenue, Sheldon, IA 51201

Building Details

Year built

1973

Listing agent Corey Elgersma Show Phone

Listing office ISB Services Inc 627 2nd Ave PO Box 329, Sheldon, IA Show Phone

Listing date May 20, 2025

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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.

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Overview

A turnkey restaurant purchase opportunity with over 5,000 square feet of updated space in Sheldon. Originally known as “The Train Station Sheldon Depot,” the property underwent major renovations in 2024 and has operated since. The dining room and bar are staying intact, and the kitchen, including many new appliances and equipment, is being sold in freshly serviced, fully operational condition.

The 2024 improvements also include an updated HVAC system, fresh flooring and paint, and additional decor and lighting. An outdoor patio was added in 2024 to extend usable dining and event time across the seasons. The layout supports a range of functions beyond everyday service, including games, live music, private parties, and meetings or conferences, with ample parking for gatherings of varying sizes.

This is a strong fit for a new owner-operator looking for a ready-to-run concept with the operational mechanics already in place. The seller indicates they will assist with the transition, including sharing the operating “tricks” specific to the building. With utilities reflected in the listing as an average monthly total of $1,286.00, buyers can evaluate the ongoing cost of service as part of their plan for continued dining and event programming at 1113 S 2nd Avenue.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Sheldon

County

O'Brien

State

Iowa

Longitude

-95.857111

Latitude

43.178808

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FAQs

What type of property is this?

Conventional restaurant - Fully renovated Sheldon restaurant with intact dining, bar, and kitchen operations, plus a newly added outdoor patio.

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 in 2024, including updated HVAC, fresh flooring, and paint; Kitchen includes many new appliances and equipment and is freshly serviced and fully operational