Listing Agency: Zomer Company

Listed By: Ivan Huenink Show Phone

Added: Jan 12 Changed: Sep 14 Last Checked: Sep 28 at 5:06AM

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MLS# 11638851

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Investment Insights

Based on property information with market context.

Located at 704 Central Ave in Hawarden, Iowa, this former restaurant includes a broad main dining area, a separate room for private functions, and a dedicated bar. The layout provides multiple customer-facing areas within one commercial property.

Food-service infrastructure includes a commercial kitchen with associated equipment, plus a walk-in cooler and freezer. Natural gas heating is also in place. The existing configuration supports continued restaurant use and provides functional space for event-oriented operations or other commercial applications described by the property’s layout.

Key Highlights

• Former restaurant with a main dining area and separate private‑event room
• Full bar area included in the existing layout
• Commercial kitchen with additional equipment

Property Analytics

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Current Use

Roosters Midwest Steakhouse Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Electrical Service

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

190

Businesses Nearby

17k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 86% Dining 14%

Casey's General Store Shops & Services

9,418 visits/mo 0.2 miles

Dollar General Shops & Services

5,018 visits/mo 0.2 miles

Pizza Ranch Dining

2,351 visits/mo 0.0 miles

Demographics for 51023, IA

3,392

Population

1,350

Households

2.5

Avg Household Size

39

Median Age

20%

College-Educated

79%

High-School Grad

119.9 sq mi

ZIP Area

28

Density / Sq Mi

$74,205

Median Household Income

$45,465

Median Earnings

$881

Median Rent

$148,500

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

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Former restaurant with dining, event, bar, and commercial kitchen areas suited to food-service operations.

Where is this conventional restaurant located?

The property is located at 704 Central Ave Hawarden, IA.

What is the asking price?

The asking price for this property is $175,000.

What are key features of this property?

This property features: Former restaurant with a main dining area and separate private‑event room; Full bar area included in the existing layout; Commercial kitchen with additional equipment