Turn-Key Restaurant and
For Sale
Contact for pricing
305-309 Gilman St, Sheffield, IA 50475
Renovated coffee shop, café, and lounge opportunity sold with included equipment, furniture, fixtures, and real estate.
Property Size14,450 SF
Price / SF$100.28
Days on Market54
Property Features for 305-309 Gilman St
General Information
Standard status
Active
Size
14,450 SF
Property subtype
Special Purpose
Additional Details
Business Included
Yes
Building Details
Year Built
1921
Listing Agency:
CENTURY 21 Preferred
Listed By:
Amy Davidson · License #IA
Source:
Crexi
Added: Jun 13
Changed: Jul 10
Last Checked: Aug 4 at 4:35AM
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 CENTURY 21 Preferred
Investment Insights
Based on property information with market context.
Block 10 is a renovated, turn-key building offered with the operating business and the underlying real estate. The property has been used as a well-established coffee shop and café since 2017, and it includes a separate lounge component. The sale package is described as including the business, along with furniture, fixtures, and equipment, and the owner also has the option to negotiate decor.
The listing notes the property is comprised of two parcels: 0304382018 (restaurant) and 0304382010 (lounge), covering 305-309 Gilman St in Sheffield, Iowa. The remarks also reference recent investments and major building improvements intended to reduce near-term capital expenditures.
This opportunity is positioned for an owner-operator, investor, or entrepreneur looking to acquire a recognized community business with an established operating history and a customer base, with the added advantage of a renovated facility. Because the listing is specifically offered as turn-key, buyers can evaluate the included operating assets and assume continuity of the café and lounge concept, while incorporating their own decor choices as negotiated.
The listing notes the property is comprised of two parcels: 0304382018 (restaurant) and 0304382010 (lounge), covering 305-309 Gilman St in Sheffield, Iowa. The remarks also reference recent investments and major building improvements intended to reduce near-term capital expenditures.
This opportunity is positioned for an owner-operator, investor, or entrepreneur looking to acquire a recognized community business with an established operating history and a customer base, with the added advantage of a renovated facility. Because the listing is specifically offered as turn-key, buyers can evaluate the included operating assets and assume continuity of the café and lounge concept, while incorporating their own decor choices as negotiated.
Key Highlights
- Renovated building and business: coffee shop, cafe, and lounge in Sheffield, IA (built 1921).
- Operating coffee shop and cafe established in Sheffield since 2017.
- Two parcels included: 0304382018 (restaurant) and 0304382010 (lounge).
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 50475, IA
1,621
Population
624
Households
2.6
Avg Household Size
45
Median Age
17%
College-Educated
97%
High-School Grad
95.1 sq mi
ZIP Area
17
Density / Sq Mi
$78,333
Median Household Income
$43,516
Median Earnings
$648
Median Rent
$155,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Coffee shop - Renovated coffee shop, café, and lounge opportunity sold with included equipment, furniture, fixtures, and real estate.
Where is this coffee shop located?
The property is located at 305-309 Gilman St Sheffield, IA.
What is the asking price?
The asking price for this property is $1,449,000.
What are key features of this property?
This property features: Renovated building and business: coffee shop, cafe, and lounge in Sheffield, IA (built 1921).; Operating coffee shop and cafe established in Sheffield since 2017.; Two parcels included: 0304382018 (restaurant) and 0304382010 (lounge).
