Restaurants

Nevada, IA Restaurants for Sale

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Ames, IA Colo, IA Maxwell, IA Cambridge, IA Kelley, IA Roland, IA Gilbert, IA Huxley, IA
Mixed-Use Property with Unfinished Upper Level
Updated: Mar 27
Mixed-Use Property with Unfinished Upper Level

1119 6th Street, Nevada, IA 50201

$299,000
0.12 AC lot
Over 5,000 square feet of commercial space
Unfinished upper level for additional buildout
Previously operated as a bar and brewery
Brick construction dating to 1900
Com zoning on a 0.1157‑acre parcel
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Shopping Center / Retail
Updated: Mar 27
Shopping Center / Retail

1119 6th Street, Nevada, IA 50201

$299,000
5,000 sqft
Commercial space in downtown Nevada offering over 5,000 sq ft, previously used as a bar/brewery
Open layout with industrial character and generous interior space
Unfinished upper level offers additional flexible space for future development
Front of building had tuck pointing completed
Current owner added concrete in the rear of the building
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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 13 Potential Opportunities for your consideration. Besides 2 Active listings in Nevada, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

Restaurant with Covered Outdoor Dining
Restaurant with Covered Outdoor Dining

68168 Us Highway 30, Colo, IA 50056

$300,000
0.32 AC lot

Established restaurant building with a wet bar, private event room, basement storage, and seating areas for indoor service.

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Newly Built Olive Garden Restaurant
Newly Built Olive Garden Restaurant

1820 Southeast 16th Street, Ames, IA 50010

Contact for pricing
6,500 sqft

Newly built Olive Garden in Ames, Iowa, positioned at the intersection of I-35 and US-30.

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Restaurant with Covered Outdoor Dining
Restaurant with Covered Outdoor Dining

68168 Us Highway 30, Colo, IA 50056

Contact for pricing

Established restaurant space with full equipment, varied seating, private party room, storage basement, and a covered outdoor dining area.

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Village Inn NNN Property
Village Inn NNN Property

524 Lincoln Way, Ames, IA 50010

Contact for pricing

Net-leased property on Lincoln Way with a personal guarantee from the franchisee.

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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 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.

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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.

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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

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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Off-Market Properties in Nevada, IA

Consider similar Off-Market properties in Nevada, 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.

1620 Lincoln Hwy
RESTAURANT

1620 Lincoln Hwy, Nevada, IA 50201-1734

$260,000
Estimated value
1,622 sqft 0.57 AC lot
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636 Lincoln Hwy
DRIVE-THRU RESTAURANT, FAST FOOD

636 Lincoln Hwy, Nevada, IA 50201-1716

$325,000
Estimated value
2,571 sqft 0.39 AC lot
View details
1815 B Ave
DRIVE-THRU RESTAURANT, FAST FOOD

1815 B Ave, Nevada, IA 50201-2803

$405,000
Estimated value
3,543 sqft 1.63 AC lot
View details

Nevada, IA Restaurants Market Trends and Statistics

Explore 5 restaurants for sale in Nevada, IA on our real estate platform. These investment opportunities span a total of 5,000 square feet of properties for sale, with an estimated market value of $598,000.

Sale prices for restaurant properties in Nevada, IA average $299,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 2

Demographics Overview

Population 8,301
Population Growth (5Y) +0.0%
Median Household Income $81,989
College Educated 41.8%

High-Yield Neighborhoods for Investment

Identify Nevada submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
50201 $299K

Taxes & Financing

Tax Rate (average for all types) 2.47%
Property Tax per SF $31.58 per SF
Tax Rate vs County Average 0.06 pp above 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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