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Fully Equipped Ice Cream Restaurant
For Sale
$350,000

1309 G Avenue, Grundy Center, IA 50638

Commercial restaurant property with an existing tenant, updated building systems, a garage, bathroom, and paved parking.

Property Size2,472 SF
Price / SF$141.59
Days on Market127

Property Features for 1309 G Avenue

General Information

Standard status Active
Size 2,472 SF
Property subtype Commercial
Zoning Commercial

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $2,128

Amenities

garage
bathroom
Tile,Concrete
Corner Lot
0.33
2472

Building Details

Building Size 2,472 SF
Year Built 1955
Buildings 1
Stories 1
Listing Agency: AWRE - Commercial & Development
Listed By: Lydia Fitzgerald
Source: Pinnaclerealtyia
Added: Apr 27 Changed: Aug 29 Last Checked: Aug 30 at 2:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AWRE - Commercial & Development

Investment Insights

Based on property information with market context.

This 2,472-square-foot conventional restaurant property includes a fully equipped ice cream shop, garage, bathroom, tile and concrete interior finishes, and paved parking. The building dates to 1955 and has received updates to its electrical system, furnace, air conditioning, plumbing, and roof, which is now metal. An existing tenant is in place, and the land and building are included in the sale.

The property is zoned Commercial and occupies a corner lot at 1309 G Avenue in Grundy Center, Iowa. Its surroundings include Brother’s Market and the Aquatic Center, providing identifiable nearby destinations and local commercial context.

Key Highlights

  • 2,472‑square‑foot conventional restaurant property
  • Fully equipped ice cream shop with an existing tenant
  • Recent electrical, furnace, air conditioning, and plumbing updates

Property 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.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

265
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

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 - Commercial restaurant property with an existing tenant, updated building systems, a garage, bathroom, and paved parking.
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: 2,472‑square‑foot conventional restaurant property; Fully equipped ice cream shop with an existing tenant; Recent electrical, furnace, air conditioning, and plumbing updates
More about this property
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