Restaurant Building with Commercial
New
For Sale
$149,900
405 State Street, Garner, IA 50438
Commercial Sale, Garner, IA
Property SizeContact for details
Lot Size0.19 Acres
Days on Market3
Property Features for 405 State Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
C
Directions
Highway 18 to State St
Standard status
Active
APN
2101250132
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
ORIG LOT 13 EXC S 6" & ALL LOTS 14 & 15 & PARTY WALL BLK 25
Tax Annual Amount
4434
Legal Description
ORIG LOT 13 EXC S 6" & ALL LOTS 14 & 15 & PARTY WALL BLK 25
Building Details
Year built
1919
Listing Agency:
Berkshire Hathaway Home Serv · Berkshire Hathaway HomeServices
(319) 233-7000
Listed By:
Jared Hottle · License #S68688000
(319) 288-5382
Added: Sep 15
Changed: Sep 16
Last Checked: Sep 17 at 7:06AM
MLS# 20264429
Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This restaurant property in downtown Garner occupies approximately 4,500+ square feet and includes a commercial kitchen, dining area, multiple party rooms, and office space. The building was constructed in 1919 and was previously operated as a Pizza Ranch, providing an established restaurant layout for continued food-service use or reconfiguration.
The property is positioned on State Highway 18 with reported traffic exceeding 4,500 cars per day, along with pedestrian activity. Garner is the Hancock County seat and has more than 3,000 residents, with Clear Lake tourism and nearby communities contributing to the surrounding trade area. The 0.189-acre site is zoned C.
The property is positioned on State Highway 18 with reported traffic exceeding 4,500 cars per day, along with pedestrian activity. Garner is the Hancock County seat and has more than 3,000 residents, with Clear Lake tourism and nearby communities contributing to the surrounding trade area. The 0.189-acre site is zoned C.
Key Highlights
- Approximately 4,500+ sq ft restaurant building
- Commercial kitchen with dining area, multiple party rooms, and office space
- Positioned on State Highway 18 with 4,500+ cars/day
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4,500 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 50438, IA
4,033
Population
1,812
Households
2.2
Avg Household Size
44
Median Age
23%
College-Educated
89%
High-School Grad
127.5 sq mi
ZIP Area
32
Density / Sq Mi
$69,637
Median Household Income
$44,307
Median Earnings
$795
Median Rent
$176,500
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
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 - Restaurant property with a commercial kitchen, dining area, party rooms, and office space.
Where is this conventional restaurant located?
The property is located at 405 State Street Garner, 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: Approximately 4,500+ sq ft restaurant building; Commercial kitchen with dining area, multiple party rooms, and office space; Positioned on State Highway 18 with 4,500+ cars/day
