305-309 Gilman St, Sheffield, IA 50475

Building Details

Year Built

1921

Listing agent Amy Davidson License #IA

Listing office CENTURY 21 Preferred

Listing date Jun 13, 2026

Source Crexi

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

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Overview

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.

Suggested Use

Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Sheffield

County

Franklin

State

Iowa

Longitude

-93.2154588

Latitude

42.8929523

FAQs

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).