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Restaurant and Bar with Commercial Kitchen
For Sale
$149,900

205 Main Street, Dickens, IA 51333

Separate entrances and restrooms serve the connected dining and bar areas.

Property Size3,717 SF
Price / SF$40.33
Days on Market62

Property Features for 205 Main Street

General Information

Standard status Active
Size 3,717 SF
Property subtype Commercial

Additional Details

Business Included Yes
Currently Operating Yes

Building Details

Building Size 3,717 SF
Year Built 1930
Listing Agency: Hinn Real Estate
Listed By: Doug Small · License #S70351
Source: Lakelandrealtyofiowa
Added: Aug 25 Changed: Oct 24 Last Checked: Oct 24 at 3:12PM

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 Hinn Real Estate

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Investment Insights

Based on property information with market context.

The 3,717-square-foot property contains adjoining restaurant and bar spaces, each with its own entrance and restroom. The restaurant has a dining area, commercial kitchen, and walk-in cooler. The bar includes customer seating, a pool table, leased games, and a jukebox. The building dates to 1930 and has pitched metal roofing.

Recent property improvements include a connection to city sewer and a replacement main waterline. The restaurant business has been family-owned for more than 33 years, with gross sales increasing year over year since 2020. The owner is willing to discuss a transition period; the business is planned to close on September 30, 2026.

Key Highlights

  • 3,717‑square‑foot restaurant and bar property
  • Connected dining and bar areas, each with a separate entrance and restroom
  • Restaurant includes a commercial kitchen and walk‑in cooler

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Lindy's Steakhouse & Lounge Restaurant

Suggested Use

Top Pick Plumbing Service Building Supply Kitchen & Bath Showroom Big Box & Wholesale Store Restaurant

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

18
Businesses Nearby
Well-served
Demand for This Use

Demographics for 51333, IA

440
Population
195
Households
2.3
Avg Household Size
49
Median Age
19%
College-Educated
94%
High-School Grad
59.8 sq mi
ZIP Area
7
Density / Sq Mi
$96,563
Median Household Income
$48,864
Median Earnings
$985
Median Rent
$181,600
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 - Separate entrances and restrooms serve the connected dining and bar areas.
Where is this conventional restaurant located?
The property is located at 205 Main Street Dickens, IA.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 3,717‑square‑foot restaurant and bar property; Connected dining and bar areas, each with a separate entrance and restroom; Restaurant includes a commercial kitchen and walk‑in cooler
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