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Restaurant with Covered Patio
For Sale
$1,150,000

1215 Plaza Drive, Carroll, IA 51401

COMMERCIAL - Other - Carroll, IA

Property SizeContact for details
Lot Size2.50 Acres
Days on Market318

Property Features for 1215 Plaza Drive

General Information

Property type Commercial Sale
Property subtype Other
Subdivision BELLA VISTA FIRST ADD
Directions Located along HWY 30 E in Carroll
Standard status Active
APN 0719456024
Lot size 2.50 Acres

Taxes and HOA fees

Tax Year 2021
Tax Description BELLA VISTA FIRST ADD BLOCK 6 LOTS 8, 9, 17 & 18
Tax Annual Amount 16136
Legal Description BELLA VISTA FIRST ADD BLOCK 6 LOTS 8, 9, 17 & 18

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

sand volleyball
outdoor event space
private event space

Building Details

Year built 1990
Number of units 1
Building materials Wood Siding
Roof type Shingle
Architectural style Other
Listing Agency: Kanne Realty & Associates
Listed By: Nick Kanne · License #***
Added: Oct 10, 2025 Changed: Aug 19 Last Checked: Aug 23 at 6:06AM
MLS# 6314900

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.

The property includes an operating restaurant and bar with a full grill and fryer menu, homemade pizza, and a recently opened floorplan. The interior provides sightlines from the front to the back, with the ability to close off a portion for private events. Outdoor improvements include a covered patio, sand volleyball area, and additional space used for concerts and car shows.

Located at 1215 Plaza Drive in Carroll, Iowa, the property was built in 1990 and features wood siding, a shingle roof, forced-air heating, central air, and public water. The establishment has operated for over 25 years, and additional land is available.

Key Highlights

  • Restaurant and bar operating for over 25 years
  • Recently opened floorplan with a section that can be closed for private events
  • Full grill and fryer menu with homemade pizza

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon

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

Lease Details

Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

184
Businesses Nearby
Balanced
Demand for This Use

Demographics for 51401, IA

12,248
Population
5,576
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
95%
High-School Grad
168.6 sq mi
ZIP Area
73
Density / Sq Mi
$64,458
Median Household Income
$45,938
Median Earnings
$720
Median Rent
$192,100
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established food-and-beverage property with flexible interior and outdoor event areas.
Where is this conventional restaurant located?
The property is located at 1215 Plaza Drive Carroll, IA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Restaurant and bar operating for over 25 years; Recently opened floorplan with a section that can be closed for private events; Full grill and fryer menu with homemade pizza
More about this property
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