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Highway Intersection Restaurant Building
For Sale
$250,000

202 W Business Highway 30, Toledo, IA 52342

Commercial Sale, Toledo, IA

Property Size4,000 SF
Lot Size0.52 Acres
Price / SF$62.50
Days on Market323

Property Features for 202 W Business Highway 30

General Information

Property type Commercial Sale
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: Oct 7 Last Checked: Oct 30 at 7:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

Located at 202 W Business Highway 30 in Toledo, this conventional restaurant property includes a 4,000 sq ft building on 0.52 acres. The layout accommodates dining space and kitchen operations, supporting continued restaurant use or a new concept.

The property is positioned at a highway intersection with access from Business Highway 30 and is described as having consistent high traffic. C zoning applies, and the building was constructed in 1967.

Key Highlights

  • 4,000 sq ft restaurant building
  • 0.52‑acre lot
  • Located at 202 W Business Highway 30 in Toledo

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Conventional restaurants

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

162
Businesses Nearby
Under-served
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established restaurant building with dining and kitchen areas at a highway intersection in Toledo.
Where is this conventional 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: 4,000 sq ft restaurant building; 0.52‑acre lot; Located at 202 W Business Highway 30 in Toledo
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