Restaurant Building with
For Sale
$250,000
119 E Main Street, Cherokee, IA 51012
Commercial, Cherokee, IA
Property SizeContact for details
Lot Size0.11 Acres
Days on Market434
Property Features for 119 E Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Surrounding Areas/Other Areas
Standard status
Active
APN
0734209009
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
W 1/2 Lot 2 and E 1/2 Lot 3, Block 14, Lebourveau's Add. Cherokee Inc,, 034-092-040
Tax Annual Amount
3612
Legal Description
W 1/2 Lot 2 and E 1/2 Lot 3, Block 14, Lebourveau's Add. Cherokee Inc,, 034-092-040
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1974
Listing Agency:
Gustafson Realty
Listed By:
Charles Gustafson · License #B23378
(712) 225-4388
Added: Jul 19, 2025
Changed: Sep 23
Last Checked: Sep 25 at 11:06AM
MLS# 829581
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 restaurant property at 119 E Main Street includes the existing furnishings and equipment, providing a built-out commercial setting for continued restaurant use. The building was constructed in 1974 and occupies a 0.11-acre parcel.
Mechanical systems include forced-air heating and central air conditioning. The property is located in Cherokee, Iowa, within Cherokee County, and is offered for sale as a restaurant asset with its furnishings and equipment included.
Mechanical systems include forced-air heating and central air conditioning. The property is located in Cherokee, Iowa, within Cherokee County, and is offered for sale as a restaurant asset with its furnishings and equipment included.
Key Highlights
- Existing furnishings and equipment included
- 0.11‑acre parcel in Cherokee, Iowa
- Built in 1974
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
377
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 52%
Shops & Services 29%
Dining 18%
Fareway
Groceries
9,509 visits/mo
0.4 miles
Sinclair
Shops & Services
4,336 visits/mo
0.5 miles
SUBWAY
Dining
3,296 visits/mo
0.3 miles
Carquest Auto Parts
Shops & Services
1,018 visits/mo
0.3 miles
Demographics for 51012, IA
6,592
Population
2,889
Households
2.3
Avg Household Size
46
Median Age
20%
College-Educated
93%
High-School Grad
147.7 sq mi
ZIP Area
45
Density / Sq Mi
$56,964
Median Household Income
$33,141
Median Earnings
$725
Median Rent
$127,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Sale includes the existing furnishings and equipment.
Where is this conventional restaurant located?
The property is located at 119 E Main Street Cherokee, IA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Existing furnishings and equipment included; 0.11‑acre parcel in Cherokee, Iowa; Built in 1974
