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Drive-Through Restaurant with Canopy
For Sale
$439,000

221 4th Street, Ironton, MN 56455

Commercial Sale, Ironton, MN

Property SizeContact for details
Lot Size0.41 Acres
Days on Market307

Property Features for 221 4th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Rooms Basement
Parking features Parking Lot, Covered
Subdivision Amended Plat-First Add Ironton
Lot features Corner Lot
High school district Crosby-Ironton
Directions Property is located at the NW corner of 4th Street (Hwy 210) and Viola Ave
Standard status Active
APN 25110813
Lot size 0.41 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 7470

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1994
Building materials Frame
Roof type Flat
Listing Agency: Close-Converse Commercial Prop
Listed By: Chris Close
Added: Dec 16, 2025 Changed: Oct 8 Last Checked: Oct 19 at 8:06AM
MLS# 7000507

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1994 frame building is configured for restaurant use, with an open customer area, commercial kitchen, storage rooms, multiple offices, and three restrooms. A drive-through canopy and service window are part of the property, along with furniture, fixtures, and equipment. The unfinished basement adds 1,560 square feet of support or storage space.

The 0.41-acre property occupies a corner along Hwy 210 in Ironton. Covered parking and a parking lot are provided on site. The building has forced-air heating and central air conditioning.

Key Highlights

  • Drive‑through canopy and service window
  • Commercial kitchen with open customer area, storage rooms, multiple offices, and three restrooms
  • Unfinished 1,560‑square‑foot basement

Property Analytics

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Current Use

Drive through restaurants

Suggested Use

Top Pick Dental Office Building Supply Auto Parts Store Law Firm Real Estate Agency Storage Facility

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby

Demographics for 56455, MN

1,692
Population
820
Households
2.1
Avg Household Size
43
Median Age
21%
College-Educated
91%
High-School Grad
24.5 sq mi
ZIP Area
69
Density / Sq Mi
$65,962
Median Household Income
$36,293
Median Earnings
$994
Median Rent
$200,000
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?
Drive through restaurant - A commercial kitchen, three restrooms, and on-site parking support food-service operations.
Where is this drive through restaurant located?
The property is located at 221 4th Street Ironton, MN.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Drive‑through canopy and service window; Commercial kitchen with open customer area, storage rooms, multiple offices, and three restrooms; Unfinished 1,560‑square‑foot basement
More about this property
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