Restaurant Building with
For Sale
$149,000
Pending
1402 W Sheridan Avenue, Shenandoah, IA 51601
Commercial Sale, Shenandoah, IA
Property SizeContact for details
Lot Size0.21 Acres
Days on Market125
Property Features for 1402 W Sheridan Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Business/Commercial
Appliances
Exhaust Fan, Gas Water Heater
Directions
From Orton Realty, west on Sheridan Ave to 1402. Property is directly behind Cellular Advantage. Coming into Shenandoah on Hwy 59 from the north; at the stop light, turn right, property is on your left. Coming into town from the south, hwy 59 to Sheridan Ave (right after Pizza Hut), turn left.
Standard status
Pending
APN
500500001010000
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
PARCEL 4 IN SE NE
Tax Annual Amount
2094
Legal Description
PARCEL 4 IN SE NE
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1950
Number of units
1
Flooring type
Tile, Carpet
Building materials
Block
Roof type
Rubber
Listing Agency:
Orton Realty
(712) 246-5571
Listed By:
Shawn Munsinger · License #B61143000
(712) 246-8414
Added: May 27
Changed: Sep 23
Last Checked: Sep 28 at 12:06AM
MLS# 6338777
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.
This restaurant property includes a café-style dining area, two semi-private dining rooms, a beverage preparation station, dishwashing area, and kitchen. The rear portion provides two storage rooms or offices, two pantries, mechanical areas, and a walk-in cooler and freezer. Building contents are offered as-is. Construction features white block walls and a rubber membrane roof, with carpet and tile flooring, forced-air heating, central air, public water, an exhaust fan, and a gas water heater.
The property encompasses 0.21 acres at 1402 W Sheridan Avenue in Shenandoah, Iowa. Sheridan Avenue serves as the community’s downtown main street and intersects the primary highway traffic route through town. Nearby surroundings include gas stations, fast-food restaurants, and local goods and services. The building was constructed in 1950 and includes paved parking for customers and guests.
The property encompasses 0.21 acres at 1402 W Sheridan Avenue in Shenandoah, Iowa. Sheridan Avenue serves as the community’s downtown main street and intersects the primary highway traffic route through town. Nearby surroundings include gas stations, fast-food restaurants, and local goods and services. The building was constructed in 1950 and includes paved parking for customers and guests.
Key Highlights
- Restaurant layout with café dining area and two semi‑private dining rooms
- Commercial kitchen with beverage station, dishwashing area, walk‑in cooler, and freezer
- Two rear storage rooms or offices, two pantries, and mechanical areas
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
369
Businesses Nearby
89k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Superstores 33%
Shops & Services 20%
Home Improvements & Furnishings 9%
Walmart
Superstores
29,340 visits/mo
0.3 miles
McDonald's
Dining
12,791 visits/mo
0.2 miles
Casey's General Store
Shops & Services
12,669 visits/mo
0.3 miles
Tractor Supply Co.
Home Improvements & Furnishings
7,604 visits/mo
0.3 miles
Burger King
Dining
6,001 visits/mo
0.1 miles
Demographics for 51601, IA
5,681
Population
2,762
Households
2.1
Avg Household Size
45
Median Age
20%
College-Educated
94%
High-School Grad
103.3 sq mi
ZIP Area
55
Density / Sq Mi
$59,647
Median Household Income
$40,343
Median Earnings
$768
Median Rent
$121,300
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Former restaurant property with dining rooms, commercial kitchen areas, storage, and paved customer parking.
Where is this conventional restaurant located?
The property is located at 1402 W Sheridan Avenue Shenandoah, IA.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Restaurant layout with café dining area and two semi‑private dining rooms; Commercial kitchen with beverage station, dishwashing area, walk‑in cooler, and freezer; Two rear storage rooms or offices, two pantries, and mechanical areas
