Restaurants

Underwood, IA Restaurants for Sale

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Council Bluffs, IA Crescent, IA Honey Creek, IA Oakland, IA Treynor, IA Missouri Valley, IA Omaha, NE Carter Lake, IA
Mixed-Use Property with Event Venue
Updated: Mar 28
Mixed-Use Property with Event Venue

131 3RD Street, Underwood, IA 51576

$320,000
2,268 sqft
2,268‑square‑foot mixed‑use commercial property
Three separate tenants: coffee shop, bakery, and event venue
Coffee shop and bakery buildings constructed in 2022
Event venue occupies a silo built in 2025
Venue accommodates up to 88 people
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See what stands out in Pottawattamie 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 11 Potential Opportunities for your consideration. Besides 1 Active listings in Underwood, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

7 Brew Coffee Ground Lease
7 Brew Coffee Ground Lease

2901 W Broadway, Council Bluffs, IA 51501

$1,958,000
510 sqft

Double drive-thru coffee operations are paired with a US Bank ATM ground lease.

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Renovated Retail/Office Space For Sale
Renovated Retail/Office Space For Sale

7419 N 30th St |, Omaha, NE 68112

$999,000
12 sqft

Renovated property with retail/office space and lower level storage.

View details
Mixed-Use Building With Apartments
Mixed-Use Building With Apartments

519 S MAIN Street, Council Bluffs, IA 51503

$225,000
3,976 sqft

Brick property combining commercial space with two leased apartments in distinct residential configurations.

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Freestanding Drive-Through Restaurant
Freestanding Drive-Through Restaurant

7606 N 30th Street, Omaha, NE 68112

$1,700,000

Former fast-food facility with an existing hood system and drive-through infrastructure for food-service operations.

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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.

0.87 Acre Outparcel For Sale
0.87 Acre Outparcel For Sale

2109 Towne Centre Drive, Bellevue, NE 68123

Contact for pricing
0.87 AC lot

0.87 acre outparcel with great visibility and access.

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LaVista Land For Sale
LaVista Land For Sale

11535 Virginia Plaza, La Vista, NE 68128

Contact for pricing
1.45 AC lot

Approximately 1.45 acres of land in growing LaVista, Nebraska.

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Flat Non-Builder Attached Development Lot
Flat Non-Builder Attached Development Lot

Villages of Monrovia lot: 46, Papillion, NE 68046

$75,000

Large flat lot in a planned walkable mixed-use community, with non-builder attached lots available for development.

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Flat Commercial Land Lot
Flat Commercial Land Lot

Villages of Monrovia lot: 28, Papillion, NE 68046

$75,000

Flat commercial lot within a mixed-use neighborhood with retail and office components.

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Off-Market Properties in Underwood, IA

Consider similar Off-Market properties in Underwood, 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.

24974 Mulberry Ln
BAR, TAVERN

24974 Mulberry Ln, Underwood, IA 51576-3810

Estimated value:
$320,000
2,680 sqft 1.25 AC lot
View details
118 3rd St
RESTAURANT

118 3rd St, Underwood, IA 51576-8015

Estimated value:
$165,000
2,484 sqft 0.16 AC lot
View details

Underwood, IA Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Underwood, IA on our real estate platform. These investment opportunities span a total of 2,268 square feet of properties for sale, with an estimated market value of $320,000.

Sale prices for restaurant properties in Underwood, IA average $320,000 — 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

Coffee shops 1

Demographics Overview

Population 1,890
Population Growth (5Y) -9.1%
Median Household Income $107,679
College Educated 42.5%

Taxes & Financing

Tax Rate (average for all types) 1.32%
Property Tax per SF $53.78 per SF
Tax Rate vs County Average 1.70 pp below county avg
Average Loan-to-Value 65.0%

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