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Northwood, IA

Restaurants

Northwood, IA Restaurants for Sale

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Glenville, MN Manly, IA Grafton, IA Albert Lea, MN Saint Ansgar, IA Hayward, MN Oakland, MN Lake Mills, IA

Historic Downtown Mixed-Use Building

Updated: May 15

Historic Downtown Mixed-Use Building

747 Central Avenue, Northwood, IA 50459

$136,000

0.06 AC lot

1890 construction with sandstone accents and wood siding
Main level currently operates as a retail shop
Newer full kitchen located in the rear portion of the main floor
Upper level has space for two apartments, lofts, or live/work use
Located at 747 Central Avenue in downtown Northwood

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 18 Potential Opportunities for your consideration. Besides 1 Active listings in Northwood, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, plus 1 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.

Renovated Mixed-Use Property

Renovated Mixed-Use Property

1317 Broadway Avenue SE, Albert Lea, MN 56007

$299,000

2,400 sqft

Two suites combine restaurant infrastructure with flexible office accommodations and shared ADA-compliant support areas.

Restaurant and Bar With Patio

Restaurant and Bar With Patio

306 3rd ST, Grafton, IA 50440

$149,900

The sale includes the building contents, including food stored in the coolers and freezer.

Upgraded Restaurant With Patio

Upgraded Restaurant With Patio

306 3rd ST, Grafton, IA 50440

Contact for pricing

Established food-service property includes kitchen inventory, furnishings, and building improvements for continued restaurant operations.

Multi-Use Retail Office Restaurant

Multi-Use Retail Office Restaurant

410 Bridge Avenue, Albert Lea, MN 56007

Contact for pricing

Commercial building on Bridge Avenue offers a drive-up window and driveway for flexible retail, office, or restaurant use.

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.

Interstate Commercial Development Land

Interstate Commercial Development Land

21133 775th St, Albert Lea, MN 56007

$975,000

6.50 AC lot

Commercial land with IDD zoning, utility availability, and direct connectivity to Interstate 35 and East Main Street.

Off-Market Properties in Northwood, IA

Consider similar Off-Market properties in Northwood, 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.

840 Central Ave

RESTAURANT

840 Central Ave, Northwood, IA 50459

Value Estimation by Request

968 sqft 0.06 AC lot

95 8th N St

BAR, TAVERN

95 8th N St, Northwood, IA 50459-1434

$95,000

Estimated value

874 sqft 0.05 AC lot

828 Central Ave

BAR, TAVERN

828 Central Ave, Northwood, IA 50459

$60,000

Estimated value

4,920 sqft 0.06 AC lot

728 Central Ave

RESTAURANT

728 Central Ave, Northwood, IA 50459-1518

$235,000

Estimated value

1,890 sqft 0.06 AC lot

839 Central Ave

BAR, TAVERN

839 Central Ave, Northwood, IA 50459-1519

$230,000

Estimated value

5,228 sqft 0.07 AC lot

846 Central Ave

RESTAURANT

846 Central Ave, Northwood, IA 50459-1520

$265,000

Estimated value

2,488 sqft 0.06 AC lot

700 Central Ave

RESTAURANT

700 Central Ave, Northwood, IA 50459-1518

$265,000

Estimated value

2,990 sqft 0.07 AC lot

835 Central Ave

BAR, TAVERN

835 Central Ave, Northwood, IA 50459-1519

$240,000

Estimated value

5,038 sqft 0.07 AC lot

853 Central Ave

RESTAURANT

853 Central Ave, Northwood, IA 50459-1519

$260,000

Estimated value

3,978 sqft 0.07 AC lot

724 Central Ave

RESTAURANT

724 Central Ave, Northwood, IA 50459

$270,000

Estimated value

2,848 sqft 0.06 AC lot

826 Central Ave

RESTAURANT

826 Central Ave, Northwood, IA 50459-1520

$265,000

Estimated value

2,788 sqft 0.06 AC lot

803 10th S St

RESTAURANT

803 10th S St, Northwood, IA 50459-1810

$255,000

Estimated value

828 sqft 0.38 AC lot

Northwood, IA Restaurants Market Trends and Statistics

Explore 13 restaurants for sale in Northwood, IA on our real estate platform.

Sale prices for restaurant properties in Northwood, IA average $136,000 — 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

Demographics Overview

Population 3,027

Population Growth (5Y) +0.4%

Median Household Income $76,053

College Educated 29.4%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
50459	$136K

Taxes & Financing

Tax Rate (average for all types) 1.80%

Property Tax per SF $28.81 per SF

Tax Rate vs County Average 0.18 pp below county avg

Average Loan-to-Value 65.0%

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