Restaurants

Ames, IA Restaurants for Sale

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Kelley, IA Gilbert, IA Nevada, IA Huxley, IA Cambridge, IA Story City, IA Slater, IA Luther, IA
Newly Built Olive Garden Restaurant
Updated: Apr 23
Newly Built Olive Garden Restaurant

1820 Southeast 16th Street, Ames, IA 50010

Contact for pricing
6,500 sqft
Newly built Olive Garden, Year Built 2026
Located at the intersection of I‑35 and US‑30 in Ames, Iowa
I‑35 traffic count: 46,950 VPD; US‑30 traffic count: 35,000 VPD
Surrounded by 10 hotels within two blocks totaling 786 rooms
66,000 people living within a five‑mile radius
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Village Inn NNN Property
Updated: Apr 12
Village Inn NNN Property

524 Lincoln Way, Ames, IA 50010

Contact for pricing
Net‑leased Village Inn property
Located at 524 Lincoln Way, Ames, IA 50010
Lease is personally guaranteed by the franchisee
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See what stands out in Story County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 75 Potential Opportunities for your consideration. Besides 2 Active listings in Ames, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Shopping Center / Retail
Shopping Center / Retail

1119 6th Street, Nevada, IA 50201

$299,000
5,000 sqft

Bars & Pubs · 5,000 SF

View details
Mixed-Use Property with Unfinished Upper Level
Mixed-Use Property with Unfinished Upper Level

1119 6th Street, Nevada, IA 50201

$299,000
0.12 AC lot

Brick commercial building with flexible interior space, central air, and public water and sewer service.

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Brewing Building With Taproom
Brewing Building With Taproom

816 7th Street, Boone, IA 50036

$135,000
3,900 sqft 0.09 AC lot

Commercially zoned building with a renovated taproom, included furnishings, and adaptable retail or office potential.

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Wedding Venue with Beer Garden
Wedding Venue with Beer Garden

628 Story Street, Boone, IA 50036

Contact for pricing

Versatile event property with restaurant, lounge, sports bar, and included equipment.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Across From Menards
Commercial Land Across From Menards

605 SE 16th St Lot 1, Ames, IA 50010

$695,000
2.73 AC lot

Public water and sewer serve the site, with natural gas available.

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Commercial Land Across From Menards
Commercial Land Across From Menards

701 SE 16th St Lot 2, Ames, IA 50010

$695,000
2.79 AC lot

Commercial parcel with public water, public sewer, and natural gas availability.

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Commercial Land Across From Menards
Commercial Land Across From Menards

731 SE 16th St Lot 3, Ames, IA 50010

$695,000
2.79 AC lot

Public water and sewer serve this commercially designated land near major transportation routes.

View details
Commercial Land Near Menards
Commercial Land Near Menards

1409 Meadowlark Ln Lot 4,5,& 6, Ames, IA 50010

$2,485,000
13.76 AC lot

Large tract with public water and sewer service, plus natural gas availability.

View details

Off-Market Properties in Ames, IA

Consider similar Off-Market properties in Ames, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2514 Chamberlain St
RESTAURANT

2514 Chamberlain St, Ames, IA 50014-7204

Value Estimation by Request
2,674 sqft 0.17 AC lot
View details
2707 Kent Ave
RESTAURANT

2707 Kent Ave, Ames, IA 50010-7113

$295,000
Estimated value
5,978 sqft 0.16 AC lot
View details
524 Lincoln Way
RESTAURANT

524 Lincoln Way, Ames, IA 50010-6909

$1,145,000
Estimated value
4,837 sqft 0.53 AC lot
View details
2825 13th St
DRIVE-THRU RESTAURANT, FAST FOOD

2825 13th St, Ames, IA 50010-8616

$785,000
Estimated value
2,856 sqft 1.23 AC lot
View details
209 Lincoln Way
DRIVE-THRU RESTAURANT, FAST FOOD

209 Lincoln Way, Ames, IA 50010-3325

$955,000
Estimated value
4,081 sqft 0.70 AC lot
View details
6008 Lincoln Way
RESTAURANT

6008 Lincoln Way, Ames, IA 50014-9528

$125,000
Estimated value
6,131 sqft 1.14 AC lot
View details
316 Lincoln Way
DRIVE-THRU RESTAURANT, FAST FOOD

316 Lincoln Way, Ames, IA 50010-3318

$285,000
Estimated value
2,125 sqft 0.62 AC lot
View details
121 Welch Ave
BAR, TAVERN

121 Welch Ave, Ames, IA 50014-7228

$955,000
Estimated value
4,810 sqft 0.12 AC lot
View details
2522 Chamberlain St
BAR, TAVERN

2522 Chamberlain St, Ames, IA 50014-7272

$75,000
Estimated value
2,964 sqft 0.11 AC lot
View details
2120 Isaac Newton Dr
RESTAURANT

2120 Isaac Newton Dr, Ames, IA 50010-8212

$440,000
Estimated value
6,455 sqft 1.54 AC lot
View details
217 Duff Ave
RESTAURANT

217 Duff Ave, Ames, IA 50010-6641

$195,000
Estimated value
2,724 sqft 0.29 AC lot
View details
3605 Lincoln Way
RESTAURANT

3605 Lincoln Way, Ames, IA 50014-7534

$445,000
Estimated value
11,156 sqft 0.85 AC lot
View details
3701 Stange Rd
DRIVE-THRU RESTAURANT, FAST FOOD

3701 Stange Rd, Ames, IA 50010-3907

$220,000
Estimated value
1,960 sqft 0.40 AC lot
View details
2100 Grn Hls Dr
TAKE-OUT RESTAURANT

2100 Grn Hls Dr, Ames, IA 50014-7898

$3,975,000
Estimated value
148,996 sqft 11.50 AC lot
View details
2733 Stange Rd
RESTAURANT

2733 Stange Rd, Ames, IA 50010-3976

$340,000
Estimated value
5,188 sqft 0.14 AC lot
View details
3308 Orion Dr
DRIVE-THRU RESTAURANT, FAST FOOD

3308 Orion Dr, Ames, IA 50010-4276

$240,000
Estimated value
2,125 sqft 0.47 AC lot
View details
119 Main St
BAR, TAVERN

119 Main St, Ames, IA 50010-6359

$235,000
Estimated value
2,275 sqft 0.06 AC lot
View details
436 Duff Ave
DRIVE-THRU RESTAURANT, FAST FOOD

436 Duff Ave, Ames, IA 50010-6602

$265,000
Estimated value
2,614 sqft 0.64 AC lot
View details
2400 Loop Dr
RESTAURANT

2400 Loop Dr, Ames, IA 50010-8229

$540,000
Estimated value
9,330 sqft 3.92 AC lot
View details
926 16th St
RESTAURANT

926 16th St, Ames, IA 50010-8029

$295,000
Estimated value
4,602 sqft 1.03 AC lot
View details
421 Duff Ave
DRIVE-THRU RESTAURANT, FAST FOOD

421 Duff Ave, Ames, IA 50010-6601

$305,000
Estimated value
2,500 sqft 0.82 AC lot
View details
230 Duff Ave
DRIVE-THRU RESTAURANT, FAST FOOD

230 Duff Ave, Ames, IA 50010-6642

$420,000
Estimated value
4,726 sqft 1.28 AC lot
View details

Ames, IA Restaurants Market Trends and Statistics

Explore 67 restaurants for sale in Ames, IA on our real estate platform. These investment opportunities span a total of 6,500 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3
Drive through restaurants 2

Demographics Overview

Population 71K
Population Growth (5Y) +1.2%
Median Household Income $61,665
College Educated 81.6%

Taxes & Financing

Tax Rate (average for all types) 2.40%
Property Tax per SF $22.54 per SF
Tax Rate vs County Average 0.15 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Story County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Story County

Retail

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