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Restaurant Building
New
For Sale
$370,000

203 S Main St, Elkader, IA 52043

The building dates to 1890 and accommodates a restaurant use.

Property Size5,360 SF
Price / SF$69.03
Days on Market1

Property Features for 203 S Main St

General Information

Standard status Active
Size 5,360 SF

Building Details

Year Built 1890
Listing Agency: Ole's 5 Star Realty, LLC
Listed By: Joe Sylvester · License #S65873
Source: Kwlegacyrealty
Added: Sep 4 Last Checked: Sep 4 at 3:09PM

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 Ole's 5 Star Realty, LLC

Investment Insights

Based on property information with market context.

This restaurant property contains 5,360 square feet within a building constructed in 1890. The asset is located at 203 S Main St in Elkader, Iowa 52043.

Showings are requested before 11:00 a.m., when the restaurant opens for lunch. Prospective buyers will be asked to sign a confidentiality agreement before reviewing the financial information.

Key Highlights

  • 5,360‑square‑foot restaurant property
  • Building constructed in 1890
  • Located at 203 S Main St, Elkader, IA 52043

Property Analytics

Current Use

Drew's Bar & Grille ... Bar & Pub TD's Sports Bar ... Bar & Pub

Suggested Use

Top Pick Dental Office Building Supply (Bike/Boat/Book/etc) Store Pharmacy Garden Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby
Balanced
Demand for This Use

Demographics for 52043, IA

2,047
Population
1,015
Households
2
Avg Household Size
52
Median Age
22%
College-Educated
92%
High-School Grad
96.9 sq mi
ZIP Area
21
Density / Sq Mi
$65,202
Median Household Income
$45,807
Median Earnings
$839
Median Rent
$145,000
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The building dates to 1890 and accommodates a restaurant use.
Where is this conventional restaurant located?
The property is located at 203 S Main St Elkader, IA.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: 5,360‑square‑foot restaurant property; Building constructed in 1890; Located at 203 S Main St, Elkader, IA 52043
More about this property
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