Conventional Restaurant With
For Sale
$149,000
1402 W Sheridan Avenue, Shenandoah, IA 51601
COMMERCIAL - Shenandoah, IA
Property SizeContact for details
Lot Size0.21 Acres
Days on Market87
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
Active
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: Aug 19
Last Checked: Aug 21 at 11:06AM
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.
The property at 1402 W Sheridan Avenue is a conventional restaurant building with a cafe-style dining area, two semi-private dining rooms, a beverage preparation station, dishwashing area, kitchen, pantries, storage rooms, offices, mechanical areas, and a walk-in cooler and freezer. Building contents are offered as-is. The exterior uses block construction and includes a rubber membrane roof, while interior finishes include tile and carpet flooring. Forced-air heating, central air conditioning, a gas water heater, an exhaust fan, and public water service are in place.
Situated along the main highway route through Shenandoah, the property is near gas stations, fast-food restaurants, and local goods and services. Sheridan Avenue provides an additional connection to the downtown commercial area. The site encompasses 0.21 acres and includes paved parking for customers and guests. Constructed in 1950, the building offers an established restaurant layout with supporting back-of-house areas.
Situated along the main highway route through Shenandoah, the property is near gas stations, fast-food restaurants, and local goods and services. Sheridan Avenue provides an additional connection to the downtown commercial area. The site encompasses 0.21 acres and includes paved parking for customers and guests. Constructed in 1950, the building offers an established restaurant layout with supporting back-of-house areas.
Key Highlights
- 0.21‑acre restaurant property at 1402 W Sheridan Avenue, Shenandoah, IA 51601
- Restaurant layout includes cafe dining, two semi‑private rooms, kitchen, pantries, and storage
- Walk‑in cooler and freezer, drink preparation station, and dishwashing area
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Cafe-style dining area includes two semi-private rooms, a drink station, dishwashing area, and kitchen.
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: 0.21‑acre restaurant property at 1402 W Sheridan Avenue, Shenandoah, IA 51601; Restaurant layout includes cafe dining, two semi‑private rooms, kitchen, pantries, and storage; Walk‑in cooler and freezer, drink preparation station, and dishwashing area
