Mixed-Use Diner with
For Sale
$295,000
721 Main St, Osage, IA 50461
Operating diner with an updated dining room, commercial kitchen, and furnished residential space above.
Property Size5,148 SF
Price / SF$171.91
Days on Market446
Property Features for 721 Main St
General Information
Standard status
Active
Size
5,148 SF
Property subtype
Commercial
Zoning
CBD
Units
Unit Mix
1 x 2BR
Multifamily Units
1
Additional Details
Furnished
Yes
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$1,812
Amenities
washer/dryer
Wood,Tile,Carpet
City Street,State Road
0.07
5148
Building Details
Building Size
5,148 SF
Year Built
1900
Buildings
1
Stories
2
Listing Agency:
Keller Williams Legacy Group
(319) 430-2711
Listed By:
Delmar Yoder
(319) 430-2711
Source:
Pinnaclerealtyia
Added: Jun 12, 2025
Changed: Aug 30
Last Checked: Aug 30 at 7:25PM
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 Keller Williams Legacy Group
Investment Insights
Based on property information with market context.
This mixed-use property combines an operating diner with an upstairs two-bedroom apartment. The commercial portion includes an updated dining area, refreshed furnishings, and a fully equipped kitchen with modern appliances. The building provides 1,716 square feet of property space and dates to 1900.
The residential component has its own entrance, a full bathroom, a generous living room, and an in-unit washer and dryer. Its elevated position provides a view toward Main Street. Located at 721 Main St in Osage, the property carries CBD zoning and includes wood, tile, and carpet interior finishes.
The residential component has its own entrance, a full bathroom, a generous living room, and an in-unit washer and dryer. Its elevated position provides a view toward Main Street. Located at 721 Main St in Osage, the property carries CBD zoning and includes wood, tile, and carpet interior finishes.
Key Highlights
- 1,716‑square‑foot mixed‑use property with diner and upstairs apartment
- Two‑bedroom apartment with private entrance and full bathroom
- Fully equipped commercial kitchen with modern appliances
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
25k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 95%
Dining 5%
Kwik Trip
Shops & Services
14,050 visits/mo
0.1 miles
Casey's General Store
Shops & Services
5,867 visits/mo
0.4 miles
Dollar Tree
Shops & Services
4,181 visits/mo
0.4 miles
SUBWAY
Dining
1,365 visits/mo
0.0 miles
Demographics for 50461, IA
5,605
Population
2,564
Households
2.2
Avg Household Size
45
Median Age
23%
College-Educated
94%
High-School Grad
177.6 sq mi
ZIP Area
32
Density / Sq Mi
$66,004
Median Household Income
$44,332
Median Earnings
$748
Median Rent
$158,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Operating diner with an updated dining room, commercial kitchen, and furnished residential space above.
Where is this mixed-use property located?
The property is located at 721 Main St Osage, IA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1,716‑square‑foot mixed‑use property with diner and upstairs apartment; Two‑bedroom apartment with private entrance and full bathroom; Fully equipped commercial kitchen with modern appliances
