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Corner Lot Restaurant Opportunity
For Sale
$85,000

2 S Frederick, Oelwein, IA 50662

Restaurant space for sale with guest seating, walk-in cooler, and a salad bar setup on a downtown corner lot.

Property Size4,141 SF
Price / SF$20.53
Days on Market165

Property Features for 2 S Frederick

General Information

Standard status Active
Size 4,141 SF
Property subtype Commercial
Zoning C

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $1,992

Amenities

Tile,Carpet
Close to Shopping
Corner Lot,City Street
0.11
4141

Building Details

Building Size 4,141 SF
Year Built 1910
Stories 1
Listing Agency: SKOGMAN REALTY
Listed By: Emmaleigh Buck
Source: Pinnaclerealtyia
Added: Mar 24 Changed: Sep 4 Last Checked: Sep 4 at 3:03AM

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 SKOGMAN REALTY

Investment Insights

Based on property information with market context.

This for-sale restaurant opportunity includes a spacious 4,141 sq ft restaurant space prepared for new ownership and operation. The property is offered with in-place equipment and components to support day-to-day service, including a fresh salad bar setup, comfortable booths, tables and chairs for guests, and a walk-in cooler for storage. Many additional essential items are also included with the sale.

The restaurant is positioned on a downtown corner lot at 2 S Frederick in Oelwein, Iowa, offering a configuration designed for customer access and visibility typical of a corner setting.

If you’re looking to take over a ready-to-run restaurant space, this package combines a functional interior setup with operational equipment included in the offering.

Key Highlights

  • 4,141 sq ft restaurant space available with guest seating area
  • Corner lot on a city street with frontage for downtown‑style visibility
  • Fully equipped with a salad bar setup

Property Analytics

Current Use

The Sugar Shack Bakery

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Parking Lot & Garage Building Supply HVAC Service

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

421
Businesses Nearby
78k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 42% Dining 32% Groceries 17% Home Improvements & Furnishings 6%
McDonald's Dining
14,620 visits/mo 0.1 miles
Kwik Trip Shops & Services
13,279 visits/mo 0.1 miles
Fareway Groceries
13,103 visits/mo 0.3 miles
Oelwein #2 Shops & Services
8,480 visits/mo 0.2 miles
Dollar Tree Shops & Services
7,267 visits/mo 0.2 miles

Demographics for 50662, IA

6,693
Population
3,260
Households
2.1
Avg Household Size
44
Median Age
16%
College-Educated
92%
High-School Grad
70.4 sq mi
ZIP Area
95
Density / Sq Mi
$49,145
Median Household Income
$37,378
Median Earnings
$760
Median Rent
$108,200
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 - Restaurant space for sale with guest seating, walk-in cooler, and a salad bar setup on a downtown corner lot.
Where is this conventional restaurant located?
The property is located at 2 S Frederick Oelwein, IA.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: 4,141 sq ft restaurant space available with guest seating area; Corner lot on a city street with frontage for downtown‑style visibility; Fully equipped with a salad bar setup
More about this property
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