Restaurants

Sheldon, IA Restaurants for Sale

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Turnkey Restaurant with Outdoor Patio
Updated: May 20, 2025
Turnkey Restaurant with Outdoor Patio

1113 S 2nd Avenue, Sheldon, IA 51201

$299,000
0.92 AC lot
Over 5,000 sq ft restaurant space in a building built in 1973
Major renovation completed in 2024; owners operated the business since the renovation
Dining area and bar remain intact, and the kitchen appliances/equipment stay with the property
Updated HVAC plus fresh flooring and paint, along with some decor and lighting
2024 addition of an outdoor patio for year‑round NW Iowa weather
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Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 1 Active listings in Sheldon, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 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.

Turnkey Bar and Restaurant Building
Turnkey Bar and Restaurant Building

404 N MAIN ST, Marcus, IA 51035

$139,000
0.06 AC lot

Turnkey bar and lounge property with updated systems, basement kitchen space, and rear covered area with ramp access.

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Downtown Restaurant & Lounge For Sale
Downtown Restaurant & Lounge For Sale

314 N Main St, Marcus, IA 51035

$325,000

Restaurant and lounge in prime downtown location, real estate included.

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Turnkey Bar and Restaurant
Turnkey Bar and Restaurant

120 N Main, George, IA 51237

$125,000
0.06 AC lot

Turnkey pub with full kitchen, full bar, liquor store, updated entries, restrooms, and outdoor seating.

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Turn Key Pub For Sale
Turn Key Pub For Sale

120 N Main St, George, IA 51237

$125,000
0.06 AC lot

Profitable, fully operational pub with full kitchen and liquor store.

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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.

General Commercial Lot at Intersection
General Commercial Lot at Intersection

500 N Heritage Pkwy, Tea, SD 57064

$220,000
0.68 AC lot

General commercial lot at the intersection of Heritage Parkway and Kevin Drive in Tea, SD, across from multiple retail and service uses.

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General Business Lot with Visibility
General Business Lot with Visibility

2001 Jack Nicklaus Dr., Elk Point, SD 57025

$87,352
0.51 AC lot

Zoned GB, this roughly half-acre commercial lot offers visibility from Main Street for a variety of business uses.

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Downtown Retail Space with Visibility
Downtown Retail Space with Visibility

130 Nebraska St, Suite A, Sioux City, IA 51101

Contact for pricing
2.08 AC lot

Ground-floor retail space in downtown Sioux City with high daily vehicle traffic and convenient parking access.

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Prime Main Street Commercial Land
Prime Main Street Commercial Land

4th St, Dell Rapids, SD 57022

$99,000
0.32 AC lot

Build-ready lot in thriving Dell Rapids commercial corridor.

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Off-Market Properties in Sheldon, IA

Consider similar Off-Market properties in Sheldon, 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.

1220 2nd Ave
BAR, TAVERN

1220 2nd Ave, Sheldon, IA 51201-1907

Value Estimation by Request
5,313 sqft 1.48 AC lot
View details
100 34th Ave
DRIVE-THRU RESTAURANT, FAST FOOD

100 34th Ave, Sheldon, IA 51201-7612

$750,000
Estimated value
1,986 sqft 1.20 AC lot
View details
1116 2nd Ave
RESTAURANT

1116 2nd Ave, Sheldon, IA 51201-1925

Value Estimation by Request
1,220 sqft 0.45 AC lot
View details
205 9th St
RESTAURANT

205 9th St, Sheldon, IA 51201-1419

Value Estimation by Request
2,332 sqft 0.06 AC lot
View details
101 Park St
DRIVE-THRU RESTAURANT, FAST FOOD

101 Park St, Sheldon, IA 51201-1006

Value Estimation by Request
2,916 sqft 0.51 AC lot
View details
206 Park St
DRIVE-THRU RESTAURANT, FAST FOOD

206 Park St, Sheldon, IA 51201

Value Estimation by Request
3,434 sqft 0.82 AC lot
View details
203 9th St
BAR, TAVERN

203 9th St, Sheldon, IA 51201-1419

Value Estimation by Request
3,050 sqft 0.07 AC lot
View details
213 9th St
BAR, TAVERN

213 9th St, Sheldon, IA 51201-1419

Value Estimation by Request
1,394 sqft 0.07 AC lot
View details
207 8th St
RESTAURANT

207 8th St, Sheldon, IA 51201-1413

$515,000
Estimated value
6,238 sqft 0.36 AC lot
View details
502 3rd Ave
DRIVE-THRU RESTAURANT, FAST FOOD

502 3rd Ave, Sheldon, IA 51201-1135

Value Estimation by Request
3,098 sqft 0.44 AC lot
View details
34th Ave
DRIVE-THRU RESTAURANT, FAST FOOD

34th Ave, Sheldon, IA 51201

Value Estimation by Request
1,560 sqft 2.38 AC lot
View details
1113 2nd Ave
RESTAURANT

1113 2nd Ave, Sheldon, IA 51201-1924

Value Estimation by Request
5,552 sqft 0.93 AC lot
View details
1319 2nd Ave
RESTAURANT

1319 2nd Ave, Sheldon, IA 51201-1926

Value Estimation by Request
2,720 sqft 0.33 AC lot
View details

Sheldon, IA Restaurants Market Trends and Statistics

Explore 14 restaurants for sale in Sheldon, IA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $299,000.

Sale prices for restaurant properties in Sheldon, IA start at $299,000, averaging $299,000, and reaching up to $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 1
Commercial kitchens 1
Conventional restaurants 1

Demographics Overview

Population 6,226
Population Growth (5Y) +4.3%
Median Household Income $70,592
College Educated 26.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
51201 $513K

Taxes & Financing

Tax Rate (average for all types) 2.56%
Property Tax per SF $30.74 per SF
Tax Rate vs County Average 0.52 pp above county avg
Average Loan-to-Value 65.0%

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