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    Historic Mixed-Use Building
    Updated: Dec 17, 2025
    Historic Mixed-Use Building

    197 Main St, Lansing, IA 52151

    Contact for pricing
    3,900 sqft
    Renovated historic building built in 1880 with an original main‑level bar and character features including stained‑glass windows and exposed brick
    Main level previously operated as an ice cream parlor and still includes the original bar and classic wood doors
    Spacious upper level includes a well‑appointed kitchen and pantry, large baths, dining area, bedroom, sitting room, and flexible additional spaces
    Private back deck with iron railing, garden access, and both a spiral staircase and an outdoor elevator
    Set up for owner‑occupied use with living space above, or for renting as an apartment/AirBNB‑type property
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Lansing, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Restaurant With Banquet Room
    Restaurant With Banquet Room

    702 Main St, Brownsville, MN 55919

    $699,900
    4,881 sqft 0.14 AC lot

    Operating commercial restaurant with bar seating, outdoor dining, and an upstairs apartment.

    View details
    Restaurant with Beer Garden
    Restaurant with Beer Garden

    702 Main St, Brownsville, MN 55919

    $699,900
    4,881 sqft

    Two-level property includes a banquet room and an upstairs one-bedroom apartment.

    View details
    Restaurant with On-Site Residence
    Restaurant with On-Site Residence

    E4533 Norwegian Hollow Road, Viroqua, WI 54665

    $749,000
    11.00 AC lot

    Operating restaurant property with a residence, full kitchen, bar equipment, and central air.

    View details
    Retail Space with Full Basement
    Retail Space with Full Basement

    807 S Main St, Viroqua, WI 54665

    $344,900

    The property includes a full basement, separate entrance, and bakery equipment.

    View details

    Off-Market Properties in Lansing, IA

    Consider similar Off-Market properties in Lansing, 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.

    266 Main St
    BAR, TAVERN

    266 Main St, Lansing, IA 52151

    $230,000
    Estimated value
    1,610 sqft 0.03 AC lot
    View details
    229 Main St
    BAR, TAVERN

    229 Main St, Lansing, IA 52151-7710

    $245,000
    Estimated value
    3,200 sqft 0.10 AC lot
    View details
    367 Main St
    RESTAURANT

    367 Main St, Lansing, IA 52151-4400

    $235,000
    Estimated value
    5,358 sqft 0.13 AC lot
    View details
    359 Main St
    RESTAURANT

    359 Main St, Lansing, IA 52151

    $240,000
    Estimated value
    3,680 sqft 0.06 AC lot
    View details
    2609 Main St
    RESTAURANT

    2609 Main St, Lansing, IA 52151-7655

    $270,000
    Estimated value
    1,988 sqft
    View details
    200 Main St
    RESTAURANT

    200 Main St, Lansing, IA 52151-7772

    $235,000
    Estimated value
    9,306 sqft 0.12 AC lot
    View details
    210 Main St
    RESTAURANT

    210 Main St, Lansing, IA 52151-7710

    $240,000
    Estimated value
    3,608 sqft 0.06 AC lot
    View details
    10 Frnt St
    RESTAURANT

    10 Frnt St, Lansing, IA 52151-7726

    $275,000
    Estimated value
    2,700 sqft 0.05 AC lot
    View details

    Lansing, IA Restaurants Market Trends and Statistics

    Explore 9 restaurants for sale in Lansing, IA on our real estate platform. These investment opportunities span a total of 3,900 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 1

    Demographics Overview

    Population 1,956
    Population Growth (5Y) +14.5%
    Median Household Income $60,000
    College Educated 30.5%

    Taxes & Financing

    Tax Rate (average for all types) 2.07%
    Property Tax per SF $25.91 per SF
    Tax Rate vs County Average 0.22 pp below county avg
    Average Loan-to-Value 65.0%

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