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Mixed-Use Property with Restaurant
For Sale
$850,000

506 N 14TH ST, Dakota City, NE 68731

Commercial, Dakota City, NE

Property SizeContact for details
Lot Size2.07 Acres
Days on Market353

Property Features for 506 N 14TH ST

General Information

Property type Commercial Sale
Property subtype Other
Directions GPS
Subdivision Dakota City
Standard status Active
APN 31043-220006342
Lot size 2.07 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2024
Tax Description 0 28 9 LOTS 1 2 3 4 5 6 7 8 9 10 11 12 BLOCK 40DAKOTA CITY
Tax Annual Amount 5888
Legal Description 0 28 9 LOTS 1 2 3 4 5 6 7 8 9 10 11 12 BLOCK 40DAKOTA CITY

Utilities

Heating system Baseboard, Forced Air
Cooling system Central Air

Amenities

outdoor area

Building Details

Year built 1989
Buildings 1
Listing Agency: Plains Asset Group
Listed By: Jamie Friedel
Added: Nov 12, 2025 Changed: Oct 30 Last Checked: Oct 31 at 3:06PM
MLS# 830954

Copyright © 2026 Northwest 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.

Rey
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Investment Insights

Based on property information with market context.

At 506 N 14th St in Dakota City, this mixed-use property contains 14 apartments in studio, one-bedroom, and two-bedroom layouts. The main level includes approximately 3,300 square feet of restaurant space, along with an outdoor area of roughly 1,008 square feet. The building dates to 1989 and has forced-air and baseboard heating, plus central air conditioning.

The property occupies a 2.07-acre lot in Dakota City, Nebraska. Its residential and restaurant components are part of the same property.

Key Highlights

  • 14 residential apartments, including studio, one‑bedroom, and two‑bedroom layouts
  • Approximately 3,300 square feet of restaurant space on the main level
  • Outdoor area of roughly 1,008 square feet

Property Analytics

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

Current Use

Gateway 2.Oh Bar & Pub

Suggested Use

Top Pick HVAC Service Plumbing Service Dental Office (Bike/Boat/Book/etc) Store Butcher Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units

Location Intelligence

Trade Area within ½ mile

131
Businesses Nearby

Demographics for 68731, NE

2,899
Population
1,045
Households
2.8
Avg Household Size
36
Median Age
15%
College-Educated
82%
High-School Grad
36.4 sq mi
ZIP Area
80
Density / Sq Mi
$85,815
Median Household Income
$38,496
Median Earnings
$890
Median Rent
$196,000
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines residential rentals with main-level restaurant space and a separate outdoor area.
Where is this mixed-use property located?
The property is located at 506 N 14TH ST Dakota City, NE.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 14 residential apartments, including studio, one‑bedroom, and two‑bedroom layouts; Approximately 3,300 square feet of restaurant space on the main level; Outdoor area of roughly 1,008 square feet
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