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Drive-Through Restaurant Building
For Sale
Contact for pricing
Pending

507 N Elm Street, Jefferson, IA 50129

Former restaurant property on a north-south arterial with drive-through configuration and redevelopment potential.

Property Size1,889 SF
Days on Market388

Property Features for 507 N Elm Street

General Information

Standard status Pending
Size 1,889 SF
Property subtype Retail

Building Details

Year Built 1997
Listing Agency: NAI Iowa Realty Commercial - Des Moines
Listed By: Jerry Marckres · License #IA S65891000
Source: Crexi
Added: Aug 7, 2025 Changed: Aug 29 Last Checked: Aug 29 at 3:34PM

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 NAI Iowa Realty Commercial - Des Moines

Investment Insights

Based on property information with market context.

This 1,889-square-foot drive-through restaurant property at 507 N Elm Street in Jefferson, Iowa, was built in 1997 and formerly operated as a Dairy Queen. The existing restaurant configuration supports continued food-service use, while the property is also presented for redevelopment.

The site fronts HWY 4, also identified as Elm Street, a major north-south arterial through Jefferson. Casey's convenience store is located across the street, providing an established commercial reference point. The property offers a visible location for restaurant operators or other redevelopment concepts supported by the existing commercial setting.

Key Highlights

  • 1,889‑square‑foot drive‑through restaurant property
  • Former Dairy Queen location
  • Built in 1997

Property Analytics

Current Use

Dairy Queen Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Kitchen & Bath Showroom Electrical Service Skin Care Clinic

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

457
Businesses Nearby
19k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Shops & Services 42% Electronics 3%
A&W Restaurant Dining
8,159 visits/mo 0.5 miles
Dollar General Shops & Services
4,245 visits/mo 0.4 miles
Shell Shops & Services
3,625 visits/mo 0.3 miles
SUBWAY Dining
2,269 visits/mo 0.3 miles
U.S. Cellular Electronics
524 visits/mo 0.2 miles

Demographics for 50129, IA

5,040
Population
2,619
Households
1.9
Avg Household Size
46
Median Age
22%
College-Educated
92%
High-School Grad
165.4 sq mi
ZIP Area
30
Density / Sq Mi
$56,956
Median Household Income
$41,518
Median Earnings
$753
Median Rent
$154,700
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
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Former restaurant property on a north-south arterial with drive-through configuration and redevelopment potential.
Where is this drive through restaurant located?
The property is located at 507 N Elm Street Jefferson, IA.
What are key features of this property?
This property features: 1,889‑square‑foot drive‑through restaurant property; Former Dairy Queen location; Built in 1997
(515) 491-7575 Call to check price and availability
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