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Restaurant Building with Lounge

410 Washington Avenue, Iowa Falls, IA 50126

For Sale
New
$480,000

Commercial Sale, Iowa Falls, IA

Property Size3,204 SF
Lot Size0.14 Acres
Price / SF$149.81
Days on Market3

Property Features for 410 Washington Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Directions See google maps!
Subdivision Iowa Falls
Standard status Active
APN 892018304003
Size 3,204 SF
Lot size 0.14 Acres

Additional Details

Currently Operating Yes

Taxes and HOA fees

Tax Description BLOCK 4, TALBOTTS ADD, IOWA FALLS TALBOTT-BLOCK 4 E2/3 S126' LOT 3 & W5' S126' LOT 4
Tax Annual Amount 6476
Legal Description BLOCK 4, TALBOTTS ADD, IOWA FALLS TALBOTT-BLOCK 4 E2/3 S126' LOT 3 & W5' S126' LOT 4

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1900
Floors in Building 2
Flooring type Hardwood, Carpet, Tile
Building materials Combination
Roof type Asphalt
Listing Agency: Friedrich Realty
Listed By: Mike Purcell · License IA B64484
Added: Nov 11 Last Checked: Nov 13 at 11:06PM
MLS# 71781

Copyright © 2026 Central Iowa Board of Realtors, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 3,204-square-foot restaurant property was built in 1900 and occupies a 0.14-acre site. The interior includes dining areas, with hardwood, tile, and carpet flooring. An upper-level cocktail lounge adds a separate gathering space, and outdoor dining is also part of the property. Equipment is negotiable with the sale.

The building is zoned Commercial and has natural gas heating, central air conditioning, public water, and public sewer. The roof is asphalt. The existing layout includes restaurant dining space and the upper-floor lounge; the property is offered as real estate.

Key Highlights

  • 3,204‑square‑foot restaurant property on a 0.14‑acre site
  • Built in 1900
  • Upper‑level cocktail lounge and indoor dining areas

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Bakery Plumbing Service HVAC Service Garden Center

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

407
Businesses Nearby
40k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 49% Shops & Services 29% Groceries 22%
McDonald's Dining
13,935 visits/mo 0.1 miles
Fareway Groceries
8,858 visits/mo 0.2 miles
Casey's Shops & Services
6,628 visits/mo 0.3 miles
Scooter's Coffee Dining
4,136 visits/mo 0.1 miles
Dollar General Shops & Services
3,136 visits/mo 0.1 miles

Demographics for 50126, IA

6,576
Population
2,966
Households
2.2
Avg Household Size
42
Median Age
22%
College-Educated
94%
High-School Grad
136.6 sq mi
ZIP Area
48
Density / Sq Mi
$61,711
Median Household Income
$36,702
Median Earnings
$904
Median Rent
$118,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Conventional restaurant - Restaurant and bar space combines indoor dining areas with an outdoor dining area and an upper-floor cocktail lounge.
Where is this conventional restaurant located?
The property is located at 410 Washington Avenue Iowa Falls, IA.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: 3,204‑square‑foot restaurant property on a 0.14‑acre site; Built in 1900; Upper‑level cocktail lounge and indoor dining areas
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