Restaurants

Panora, IA Restaurants for Sale

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Yale, IA Guthrie Center, IA Stuart, IA Linden, IA Menlo, IA Redfield, IA Adel, IA Dexter, IA
Mixed-Use Building with Upper Apartment
Updated: Oct 22
Mixed-Use Building with Upper Apartment

104 W Main St, Panora, IA 50216

$200,000
Two‑bedroom, two‑bathroom apartment above the commercial space
Main level has an open dining area, commercial kitchen space, and ADA‑accessible restroom
Separate Main Street entrance for the commercial level
Apartment has living room, family room, kitchen, and enclosed stairway access from Main Street
Full basement accessible from the main level and rear alley
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1 active listing matches your search: Restaurant for sale in Panora, IA. Based on your search, we've also compiled 12 Potential Opportunities for your consideration: 4 properties in nearby cities, 7 off-market properties to explore as potential leads, and 1 land listing with development potential.

Opportunities in Nearby Cities

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

Retail Building with QSR Infrastructure
Retail Building with QSR Infrastructure

11406 Forest Ave, Clive, IA 50325

Contact for pricing
3,022 sqft

Flexible retail footprint with existing QSR infrastructure and strong signage exposure along a high-traffic corridor.

View details
Breakfast Diner with Equipment
Breakfast Diner with Equipment

2720 Willis Ave, Perry, IA 50220

$250,000
1,152 sqft

Building and diner equipment are offered together as-is, with several improvements completed since 2016.

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Standalone Drive-Through Restaurant
Standalone Drive-Through Restaurant

8755 University Ave, Clive, IA 50325

$1,000,000

Restaurant property includes an operating drive-through component for customer service.

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Diner Building with Equipment
Diner Building with Equipment

2720 Willis Avenue, Perry, IA 50220

$250,000
0.42 AC lot

Existing food-service improvements, commercial zoning, and included kitchen equipment support continued diner use.

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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 Corner Land
Commercial Corner Land

Outlot W Grand Prairie Parkway, Waukee, IA 50263

$3,920,400
4.56 AC lot

Commercial tract with COM zoning, public water and sewer, and seller-supported subdivision potential.

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Off-Market Properties in Panora, IA

Consider similar Off-Market properties in Panora, 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.

600 Main St
RESTAURANT

600 Main St, Panora, IA 50216-1152

Estimated value:
$240,000
1,560 sqft 0.51 AC lot
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110 Main St
BAR, TAVERN

110 Main St, Panora, IA 50216-1018

Estimated value:
$200,000
3,300 sqft 0.15 AC lot
View details
5405 Chimra Rd
RESTAURANT

5405 Chimra Rd, Panora, IA 50216-8602

Estimated value:
$465,000
4,982 sqft 2.07 AC lot
View details
108 Main St, Unit 106
RESTAURANT

108 Main St, Panora, IA 50216-1018

Unit 106
Estimated value:
$265,000
2,520 sqft 0.13 AC lot
View details
102 Main St
RESTAURANT

102 Main St, Panora, IA 50216-1018

Estimated value:
$275,000
8,352 sqft 0.09 AC lot
View details
122 Main St
BAR, TAVERN

122 Main St, Panora, IA 50216

Estimated value:
$250,000
1,400 sqft 0.07 AC lot
View details
124 Main St
BAR, TAVERN

124 Main St, Panora, IA 50216

Estimated value:
$245,000
1,400 sqft 0.06 AC lot
View details

Panora, IA Restaurants Market Trends and Statistics

Explore 8 restaurants for sale in Panora, IA on our real estate platform.

Sale prices for restaurant properties in Panora, IA average $200,000 — 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

Conventional restaurants 1

Demographics Overview

Population 2,809
Population Growth (5Y) +14.4%
Median Household Income $91,250
College Educated 37.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50216 $200K

Taxes & Financing

Tax Rate (average for all types) 2.33%
Property Tax per SF $24.87 per SF
Tax Rate vs County Average 0.19 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Guthrie County

New Delisted

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