Search
Updated Conventional Restaurant
For Sale
$350,000

1309 G Avenue, Grundy Center, IA 50638

Commercial Sale, Grundy Center, IA

Property SizeContact for details
Lot Size0.33 Acres
Days on Market150

Property Features for 1309 G Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning Commercial
Subdivision Main Street!
Directions Follow HWY 175 from the west or east into Grundy Center. By Aquatic Center
Standard status Active
APN 871712180001
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description GRUNDY CENTER, LIBERTY PARK ADDITION, BLK 5 LOT 10 & 11
Tax Annual Amount 2128
Legal Description GRUNDY CENTER, LIBERTY PARK ADDITION, BLK 5 LOT 10 & 11

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Natural Gas, Forced Air, Hot Water(Heating)
Cooling system Central Air

Amenities

garage
bathroom

Building Details

Year built 1955
Flooring type Tile, Concrete
Building materials Frame
Roof type Metal
Listing Agency: RE/MAX Concepts - Cedar Falls · RE/MAX International
Listed By: Matthew Wikert · License #S62703000
Added: Apr 27 Changed: Sep 13 Last Checked: Sep 23 at 1:06AM
MLS# 20261738

Copyright © 2026 Northeast 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 conventional restaurant property includes over 2,400 square feet of commercial space, a garage, and a bathroom. The sale includes both the land and building, along with restaurant equipment and an existing tenant. Interior finishes include tile and concrete flooring, while the building is constructed with a frame structure.

Building systems have been updated, including the electrical, furnace, air conditioning, and plumbing. A metal roof has also been installed. The property sits on 0.33 acres at 1309 G Avenue in Grundy Center, near Brother's Market and the Aquatic Center. Additional site features include paved parking, water availability, and public sewer service. Heating is provided by hot water, forced air, and natural gas systems, with central air conditioning.

Key Highlights

  • Over 2,400 square feet of commercial space with garage and bathroom
  • Existing tenant in place; land and building included in the sale
  • Recent updates to electrical, furnace, air conditioning, and plumbing

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Rob's Heating & Cooling HVAC Service Sweet Tooth Icy ... Grocery & Convenience Store

Suggested Use

Top Pick Dental Office Real Estate Agency HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

264
Businesses Nearby
7k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 75% Dining 25%
Casey's General Store Shops & Services
5,530 visits/mo 0.3 miles
SUBWAY Dining
1,855 visits/mo 0.3 miles

Demographics for 50638, IA

3,411
Population
1,535
Households
2.2
Avg Household Size
43
Median Age
25%
College-Educated
97%
High-School Grad
94.0 sq mi
ZIP Area
36
Density / Sq Mi
$79,500
Median Household Income
$47,214
Median Earnings
$681
Median Rent
$181,000
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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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 - Equipped restaurant property with an existing tenant, paved parking, and refreshed building systems.
Where is this conventional restaurant located?
The property is located at 1309 G Avenue Grundy Center, IA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Over 2,400 square feet of commercial space with garage and bathroom; Existing tenant in place; land and building included in the sale; Recent updates to electrical, furnace, air conditioning, and plumbing
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message