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Equipped Ice Cream Shop
For Sale
$350,000

1309 G Avenue, Grundy Center, IA 50638

COMMERCIAL - Grundy Center, IA

Property SizeContact for details
Lot Size0.33 Acres
Days on Market121

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 Hot Water(Heating), Natural Gas, Forced Air
Cooling system Central Air

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: Aug 18 Last Checked: Aug 25 at 4:06PM
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 commercial restaurant property includes a fully equipped ice cream shop with more than 2,400 square feet of space, a garage, and a bathroom. Recent improvements include updated electrical, furnace, air conditioning, plumbing, and a metal roof. The building was constructed in 1955 with frame construction, concrete and tile flooring, forced-air and hot-water heating, natural gas, and central air conditioning. Land and building are included in the sale, and an existing tenant is in place.

The 0.33-acre property is located at 1309 G Avenue in Grundy Center, near Brother's Market and the Aquatic Center. Paved parking, water availability, public sewer, and commercial zoning support the existing restaurant use and broader commercial flexibility.

Key Highlights

  • Fully equipped ice cream shop with an existing tenant
  • More than 2,400 square feet of commercial space with garage and bathroom
  • 0.33‑acre site at 1309 G Avenue, Grundy Center, IA 50638

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

100%
Occupancy
Single-tenant
Tenancy

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

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 systems, paved parking, and adaptable operating space.
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: Fully equipped ice cream shop with an existing tenant; More than 2,400 square feet of commercial space with garage and bathroom; 0.33‑acre site at 1309 G Avenue, Grundy Center, IA 50638
More about this property
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