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    Sheldon, IA
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    Sheldon, IA Restaurants for Sale

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    Hospers, IA Ashton, IA Sanborn, IA
    Turnkey Restaurant with Outdoor Patio
    $299,000
    0.92 Acres
    Turnkey Restaurant with Outdoor Patio

    1113 S 2nd Avenue, Sheldon, IA 51201

    Fully renovated Sheldon restaurant with intact dining, bar, and kitchen operations, plus a newly added outdoor patio.
    • Restaurant building built in 1973 with over 5,000 sq ft of updated space
    • Major renovation in 2024, including updated HVAC, fresh flooring, and paint
    • Kitchen includes many new appliances and equipment and is freshly serviced and fully operational
    • Outdoor patio added in 2024 for year‑round dining and events
    • Dining area and bar will remain intact, with space to support games, live music, private parties, conferences, and meetings
    Updated: May 20, 2025
    View details
    Hardee's NNN Lease Investment
    $727,000
    3,434 SF
    Hardee's NNN Lease Investment

    505 2nd Ave, Sheldon, IA 51201

    Long-term NNN lease with rent escalations in Sheldon, Iowa.
    • Long‑term absolute NNN lease extending through August 2040, providing passive income.
    • Well‑capitalized franchisee (Superior Star LLC, operating 93+ Hardee's locations) guarantees lease obligations.
    • Strategic location at Highway 18 and 320th Street, capturing traffic from local residents and travelers.
    • Built‑in rent escalations every five years, ensuring increasing income.
    • Minimal direct competition from national fast‑food brands in Sheldon, IA.
    Updated: Mar 3
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    Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 2 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.

    Drive-Thru Ready Restaurant Building
    $895,000
    Drive-Thru Ready Restaurant Building

    Versatile former bank/restaurant building with drive-thru infrastructure and strong highway exposure for restaurants or retail.

    3307 Hwy 71, Spirit Lake, IA 51360

    View details
    Drive-Thru Restaurant with Double Lane
    Contact for pricing
    Drive-Thru Restaurant with Double Lane

    A highly visible quick-serve space with double drive-thru lanes, dual windows, and key kitchen systems already in place.

    604 18th St, Spirit Lake, IA 51360

    View details
    Turn-Key Pub and Liquor Store
    $125,000
    0.06 Acres
    Turn-Key Pub and Liquor Store

    Full kitchen, full bar, and liquor store setup offers a ready-to-operate hospitality and retail business opportunity.

    120 N Main, George, IA 51237

    View details
    Established Business Opportunity in George, IA
    $275,000
    3,000 SF
    Established Business Opportunity in George, IA

    Turnkey business with building, equipment, and established customer base.

    117 E MICHIGAN Ave, George, IA 51237

    View details

    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 Lot in Growing Tea
    $220,000
    0.68 Acres
    Commercial Lot in Growing Tea

    High-visibility commercial lot in a high-growth Sioux Falls metro area.

    500 N Heritage Pkwy, Tea, SD 57064

    View details
    Commercial Development Lot with Visibility
    $87,352
    0.51 Acres
    Commercial Development Lot with Visibility

    General business zoned parcel on Main Street with strong visibility for a wide range of business uses.

    2001 Jack Nicklaus Dr., Elk Point, SD 57025

    View details
    Downtown Storefront with Buildout Opportunity
    Contact for pricing
    2.08 Acres
    Downtown Storefront with Buildout Opportunity

    High-visibility storefront space in downtown Sioux City with strong access and parking, letting tenants design their own buildout.

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

    View details
    Prime Main Street Commercial Land
    $99,000
    0.32 Acres
    Prime Main Street Commercial Land

    Build-ready lot in thriving Dell Rapids commercial corridor.

    4th St, Dell Rapids, SD 57022

    View details

    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
    5,313 SF Lot: 1.48 Acres
    Value Estimation by Request

    1220 2nd Ave, Sheldon, IA 51201-1907

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    100 34th Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,986 SF Lot: 1.20 Acres
    Estimated value
    $750,000

    100 34th Ave, Sheldon, IA 51201-7612

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    1116 2nd Ave
    RESTAURANT
    1,220 SF Lot: 0.45 Acres
    Value Estimation by Request

    1116 2nd Ave, Sheldon, IA 51201-1925

    View details
    205 9th St
    RESTAURANT
    2,332 SF Lot: 0.06 Acres
    Value Estimation by Request

    205 9th St, Sheldon, IA 51201-1419

    View details
    101 Park St
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,916 SF Lot: 0.51 Acres
    Value Estimation by Request

    101 Park St, Sheldon, IA 51201-1006

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    206 Park St
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,434 SF Lot: 0.82 Acres
    Value Estimation by Request

    206 Park St, Sheldon, IA 51201

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    203 9th St
    BAR, TAVERN
    3,050 SF Lot: 0.07 Acres
    Value Estimation by Request

    203 9th St, Sheldon, IA 51201-1419

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    213 9th St
    BAR, TAVERN
    1,394 SF Lot: 0.07 Acres
    Value Estimation by Request

    213 9th St, Sheldon, IA 51201-1419

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    207 8th St
    RESTAURANT
    6,238 SF Lot: 0.36 Acres
    Estimated value
    $515,000

    207 8th St, Sheldon, IA 51201-1413

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    502 3rd Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,098 SF Lot: 0.44 Acres
    Value Estimation by Request

    502 3rd Ave, Sheldon, IA 51201-1135

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    34th Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,560 SF Lot: 2.38 Acres
    Value Estimation by Request

    34th Ave, Sheldon, IA 51201

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    1113 2nd Ave
    RESTAURANT
    5,552 SF Lot: 0.93 Acres

    1113 2nd Ave, Sheldon, IA 51201-1924

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    1319 2nd Ave
    RESTAURANT
    2,720 SF Lot: 0.33 Acres
    Value Estimation by Request

    1319 2nd Ave, Sheldon, IA 51201-1926

    View details

    Sheldon, IA Restaurants Investment Opportunities Market Analysis

    Explore 15 restaurants for sale in Sheldon, IA on our real estate platform. These investment opportunities span a total of 3,434 square feet of properties for sale, with an estimated market value of $727,000.

    Sale prices for restaurant properties in Sheldon, IA start at $727,000, averaging $727,000, and reaching up to $727,000 — 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

    Bars & Pubs 1
    Conventional restaurants 1
    Drive through 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 median 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 sq ft
    Tax Rate vs County Average 0.52 pp above county avg
    Average Loan-to-Value 65.0%

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