Restaurant Building with Upper-Level
New
For Sale
$145,000
705 Morton Avenue, Emerson, IA 51533
Commercial Sale, Emerson, IA
Property SizeContact for details
Lot Size0.11 Acres
Days on Market4
Property Features for 705 Morton Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
On Street
Basement
Sump Pump
Appliances
Microwave, Freezer
Directions
Main St (Morton Ave) Emerson
Standard status
Active
APN
1024000000000000
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
W 9.3' OF E1/2 & E 30.7' OF W1/2 OF LOTS 349 & 350
Tax Annual Amount
1292
Legal Description
W 9.3' OF E1/2 & E 30.7' OF W1/2 OF LOTS 349 & 350
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1900
Number of units
2
Building materials
Block, Brick, Concrete
Roof type
Metal
Listing Agency:
Rubey Realty · Windermere Real Estate
(712) 623-2724
Listed By:
Audie Rainey · License #B61131000
(712) 621-1818
Added: Sep 22
Last Checked: Sep 25 at 10:06AM
MLS# 6342978
Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This restaurant property includes a main operating area of over 2700 SF with seating for 75 patrons. Kitchen equipment, tables, chairs, a microwave, and a freezer are included. The upper level adds almost 3600 SF of open space for future buildout or other property-specific uses.
Built in 1900, the building features block, brick, and concrete construction, a metal roof, forced-air heating, and central air conditioning. Public water serves the property, and on-street parking is available. The property is located at 705 Morton Avenue in Emerson, Iowa.
Built in 1900, the building features block, brick, and concrete construction, a metal roof, forced-air heating, and central air conditioning. Public water serves the property, and on-street parking is available. The property is located at 705 Morton Avenue in Emerson, Iowa.
Key Highlights
- Over 2700 SF restaurant area with seating for 75 patrons
- Almost 3600 SF of open upper‑level space
- Kitchen equipment, tables, chairs, microwave, and freezer included
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 51533, IA
816
Population
396
Households
2.1
Avg Household Size
48
Median Age
17%
College-Educated
90%
High-School Grad
79.9 sq mi
ZIP Area
10
Density / Sq Mi
$62,727
Median Household Income
$35,404
Median Earnings
$1,005
Median Rent
$133,500
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing restaurant improvements include dining, kitchen, and additional upper-level space.
Where is this conventional restaurant located?
The property is located at 705 Morton Avenue Emerson, IA.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Over 2700 SF restaurant area with seating for 75 patrons; Almost 3600 SF of open upper‑level space; Kitchen equipment, tables, chairs, microwave, and freezer included
