Search
Established Restaurant in Prime Location
For Sale
Contact for pricing
Pending

306 Main St, Malvern, IA 51551

Profitable ice cream shop and restaurant in Malvern, Iowa.

Property SizeContact for details
Days on Market199

Property Features for 306 Main St

General Information

Standard status Pending
Property subtype Business for Sale
Listing Agency: Jim Hughes Real Estate
Listed By: Megan Kendrick · License #66037000
Source: Crexi
Added: Feb 18 Changed: Aug 21 Last Checked: Sep 1 at 11:16AM

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 Jim Hughes Real Estate

Investment Insights

Based on property information with market context.

The Salty Heifer is an established ice cream shop and restaurant situated in downtown Malvern, Iowa, in close proximity to the Wabash Trace Nature Trail. The sale encompasses the business, the building, and all associated equipment. The property features a storefront and a patio area. The location benefits from its proximity to summer concerts, local art shows, and community events, contributing to its recognition and local support.

Key Highlights

  • Established business with strong local support and reputation.
  • Prime downtown location near the Wabash Trace Nature Trail.
  • Includes business, building, and all equipment.

Property Analytics

Current Use

The Salty Heifer Restaurant The Salty Heifer Cafe Cafe & Coffee Shop

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Storage Facility Real Estate Agency Pharmacy

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

156
Businesses Nearby
5k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Malvern Shops & Services
4,626 visits/mo 0.3 miles

Demographics for 51551, IA

1,783
Population
757
Households
2.4
Avg Household Size
41
Median Age
29%
College-Educated
94%
High-School Grad
81.9 sq mi
ZIP Area
22
Density / Sq Mi
$82,218
Median Household Income
$45,625
Median Earnings
$867
Median Rent
$184,300
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 - Profitable ice cream shop and restaurant in Malvern, Iowa.
Where is this conventional restaurant located?
The property is located at 306 Main St Malvern, IA.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Established business with strong local support and reputation.; Prime downtown location near the Wabash Trace Nature Trail.; Includes business, building, and all equipment.
(712) 310-1235 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message