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Restaurant Opportunity on Highway
For Sale
$250,000

202 W Business Highway 30, Toledo, IA 52342

SINGLE_FAMILY - Toledo, IA

Lot Size0.52 Acres
Days on Market233

Property Features for 202 W Business Highway 30

General Information

Property type Residential
Property subtype Retail
Zoning C
Directions On Business Hwy 30
Standard status Active
APN 1422176001
Lot size 0.52 Acres

Taxes and HOA fees

Tax Year 25
Tax Description 2-83-15 PT SE NW COMM SE COR. N791' W80' W172.41' NW3.8' TO P.O.B. NW240.1' NE49' SE234.5' SW158' TO P.O.B. (FIRESIDE INN)
Tax Annual Amount 2000
Legal Description 2-83-15 PT SE NW COMM SE COR. N791' W80' W172.41' NW3.8' TO P.O.B. NW240.1' NE49' SE234.5' SW158' TO P.O.B. (FIRESIDE INN)

Building Details

Year built 1967
Listing Agency: Lockard Realty Company
Listed By: Steve Conrad
Added: Dec 11, 2025 Changed: May 1 Last Checked: Aug 1 at 12:06AM
MLS# 20255888

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 4,000 sq ft restaurant is situated on a 0.52-acre lot at a highly visible highway intersection. The location benefits from consistent high traffic, offering exceptional exposure and easy access for customers. The spacious building provides ample room for dining and kitchen operations. This property is zoned C and is located in Toledo, Iowa.

Key Highlights

  • High‑traffic location at a visible highway intersection
  • Spacious 4,000 sq ft building suitable for various business ventures
  • Half‑acre lot offering potential for expansion

Property Analytics

Current Use

Restaurants

Location Intelligence

Trade Area within ½ mile

125
Businesses Nearby
Balanced
Demand for This Use

Demographics for 52342, IA

3,192
Population
1,390
Households
2.3
Avg Household Size
42
Median Age
20%
College-Educated
93%
High-School Grad
88.7 sq mi
ZIP Area
36
Density / Sq Mi
$62,344
Median Household Income
$36,806
Median Earnings
$954
Median Rent
$136,300
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?
Restaurant - 4,000 sq ft restaurant on a half-acre lot.
Where is this restaurant located?
The property is located at 202 W Business Highway 30 Toledo, IA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: High‑traffic location at a visible highway intersection; Spacious 4,000 sq ft building suitable for various business ventures; Half‑acre lot offering potential for expansion
More about this property
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