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Restaurant-Bar Space with Walk-In Cooler
For Lease
$20 SF/Yr NNN

901 2nd St, Coralville, IA 52241

Turnkey restaurant/bar space with walk-in cooler and hood, plus ample parking and a beer garden.

Space SizeContact for details
Days on Market239

Property Features for 901 2nd St

General Information

Standard status Active
Property subtype Com Lease
Zoning C-2

Additional Details

Business Included Yes
Commercial Hood Yes

Amenities

ConcreteSlabGrade
0.53
Highway

Building Details

Year Built 1963
Listing Agency: Urban Acres Real Estate
Listed By: Kyle Steele
Source: Pinnaclerealtyia
Added: Feb 5 Changed: Sep 30 Last Checked: Oct 1 at 10:03AM

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 Urban Acres Real Estate

Investment Insights

Based on property information with market context.

This space is currently built out as a restaurant/bar, with an existing walk-in cooler and hood already in place to support food service operations. The layout includes the core improvements needed for a working hospitality concept, while still allowing flexibility for other uses depending on tenant requirements.

Located on the Coralville Strip at 901 2nd St in Coralville, IA, the property is positioned for daily accessibility and convenience. The building offers plenty of parking for patrons and staff, and there is a beer garden behind the building.

For operators looking for a ready-to-run setup, the existing walk-in cooler and hood can reduce early build-out time for food service. Tenants interested in retail or office use may also find the configuration adaptable, supported by the site’s parking availability and established commercial setting on the Strip. The asking rent is listed at $12.50 per square foot NNN.

Key Highlights

  • 0.53‑acre property on a highway frontage lot
  • Built in 1963 with concrete slab grade flooring
  • Currently built out for a restaurant/bar, with the option for other uses

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom Parking Lot & Garage 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

Turnkey business
Opportunity
Yes
Commercial hood
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

779
Businesses Nearby
30k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 65% Shops & Services 35%
Dunkin' Donuts Dining
11,554 visits/mo 0.3 miles
Applebee's Dining
8,269 visits/mo 0.2 miles
Wells Fargo Shops & Services
4,076 visits/mo 0.4 miles
Veridian Credit Union Shops & Services
3,709 visits/mo 0.3 miles
U.S. Bank Shops & Services
2,853 visits/mo 0.1 miles

Demographics for 52241, IA

22,319
Population
10,294
Households
2.2
Avg Household Size
34
Median Age
57%
College-Educated
95%
High-School Grad
13.5 sq mi
ZIP Area
1,653
Density / Sq Mi
$66,508
Median Household Income
$40,504
Median Earnings
$1,021
Median Rent
$286,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Peking Buffet — 93 2nd St, Coralville, IA 52241

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant/bar space with walk-in cooler and hood, plus ample parking and a beer garden.
Where is this conventional restaurant located?
The property is located at 901 2nd St Coralville, IA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 0.53‑acre property on a highway frontage lot; Built in 1963 with concrete slab grade flooring; Currently built out for a restaurant/bar, with the option for other uses
More about this property
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