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Property profile & analytics

440 Hwy 69 & Main St Lamoni, IA 50140

  • Office Properties & Spaces
  • 1.25 lot acres
Value Estimation
Location Intelligence

Current Use by Public Records

  • Office Properties & Spaces

Property Details for 440 Hwy 69 & Main St

Lot size
1.25 lot acres
Property type
Office Properties & Spaces

Description

This exceptional turn-key restaurant opportunity in Lamoni, Iowa, is priced at $175,000. Established in 1968, "The Dairy Cup" boasts a rich history and consistent revenue stream. The property includes a well-maintained building featuring a 560 sq ft commercially equipped kitchen, fully approved by health inspectors, and a 256 sq ft covered portico for ordering and dining. Additional outdoor seating is available in a park-like setting. Convenient amenities include a public restroom and a separate employee restroom. All equipment is included, allowing for immediate operation: this includes a Square POS system, Taylor soft serve ice cream machine, soda fountain, grill, deep fryer, steam table, freezers, refrigerators, and branded merchandise. Detailed equipment lists and profit & loss statements are available upon request. The 1.25-acre lot offers ample space for expansion, allowing for potential development or maintaining the existing green space. Located conveniently off I-35 between Des Moines and Kansas City, this property benefits from proximity to two airports and easy access to a wide regional market. The business model includes walk-up, drive-through service, and online ordering with curbside pickup. This is a rare chance to acquire a profitable, established business with significant growth potential in a thriving community. The current menu features soft serve ice cream, shakes, burgers, tenderloins, and other popular items.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Lamoni
County
19053
State
Iowa
Longitude
-93.9333
Latitude
40.6237
More about this property
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