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Equipped Restaurant Building
For Sale
$99,000

501 Ann St, Irwin, IA 51455

Commercial cooking equipment and dining furnishings are included with the property.

Property Size2,304 SF
Price / SF$42.97
Days on Market8

Property Features for 501 Ann St

General Information

Standard status Active
Size 2,304 SF
Property subtype Commercial Building

Additional Details

Furnished Yes
Equipment Included Yes

Amenities

Lot Size Acres: 0.07
Metal Roof
Sewer Type: Community
Total Taxes: $1,722, Percentage of Tax that is Deductable: 0
Carpet Floor, Laminate Floor
Has Central AC: 1
Forced Air Heating, Gas Heat Fuel
Sale, Sale Type: Foreclosure, Availability Date: 2026-10-08
School District: IKM-Manning Comm School District
One Story, Built in 1996
Property Zone Type: 200, Above Area Square Feet: 2304, Corner Lot
Handicap Features
2 Half Baths
Water Source: Community
Construction Type: Frame, Patio

Building Details

Year Built 1996
Buildings 1
Listing Agency: Wayne Hansen Real Estate Llc
Listed By: Kathryn Kilworth
Source: Doyle-realty
Added: Oct 8 Changed: Oct 15 Last Checked: Oct 15 at 12:50AM

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 Wayne Hansen Real Estate Llc

Investment Insights

Based on property information with market context.

The restaurant building contains 2,304 square feet and was constructed in 1996. Its exterior has metal siding and a metal roof. Central air, the furnace, and the water heater were replaced in 2020.

Included equipment ranges from a commercial walk-in cooler, sinks, a 42-inch four-burner grill, fryer, and broaster to a POS cash register system. Tables, chairs, bar stools, and dishes are also part of the offering. The property occupies a corner lot and has on-site parking.

Key Highlights

  • 2,304 square feet; built in 1996
  • Metal roof and siding; central air, furnace, and water heater replaced in 2020
  • Includes commercial walk‑in cooler, sinks, 42‑inch grill with 4 burners, fryer, and broaster

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Wine and Liquor Store Hair Salon Nail Salon Spa & Massage 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

50
Businesses Nearby
Well-served
Demand for This Use

Demographics for 51455, IA

2,185
Population
1,132
Households
1.9
Avg Household Size
43
Median Age
25%
College-Educated
97%
High-School Grad
112.9 sq mi
ZIP Area
19
Density / Sq Mi
$75,455
Median Household Income
$49,550
Median Earnings
$696
Median Rent
$125,400
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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Commercial cooking equipment and dining furnishings are included with the property.
Where is this conventional restaurant located?
The property is located at 501 Ann St Irwin, IA.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: 2,304 square feet; built in 1996; Metal roof and siding; central air, furnace, and water heater replaced in 2020; Includes commercial walk‑in cooler, sinks, 42‑inch grill with 4 burners, fryer, and broaster
More about this property
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