1402 W Sheridan Avenue Shenandoah, IA $ 149,000
1402 W Sheridan Avenue
$ 149,000
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1402 W Sheridan Avenue

Shenandoah, IA, 51601
$ 149,000
Bedrooms-- Baths-- Sq 2,856

Monthly Estimate*

$ 917

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Commercial Property for sale in Shenandoah, IA

for $149,000. This 2,856 square foot building was built in 1950 on a lot size of 0.21.

A well known commercial property in Shenandoah, IA, previously used as a restaurant for generations, is available for a new business opportunity! Located in a highly visible location, close to gas stations, fast food restaurants, local goods and services, and along the main highway of traffic flow through town. The cross street, Sheridan Ave., is Shenandoah's downtown "main street" pulling additional traffic from the opposite direction. You can't beat the excellent location with high visibility and plenty of paved parking for customers and guests. The building exterior consists of durable white block with a rubber membrane roof. Inside you will find a cafe style dining area, and two additional semi-private dining rooms. A drink prep station lies just off the two dining rooms, followed by the dishwashing station and kitchen. The rear of the building contains two storage rooms and/or offices, two pantries, mechanicals and the walk-in cooler and freezer. Building/contents selling "as-is."

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Commercial Active

Price

$ 149,000

Property Type

Commercial

Taxes

$ 2,094

Style

Lot Size

0.21

Year Built

1950

Town/City

Shenandoah

County/Region

Page

MLS | Web ID

6338777

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Common Heating Common Hot Water Common
Roof Rubber
Appliances Exhaust Fan Gas Water Heater
Zoning Business/Commercial
Garage Spaces 0
Architectural Style Other
Construction Materials Block
Year Built 1950
Topography Level
Tax Year 2024
Current Use Restaurant
Accessibility No Stairs Internal No Stairs External
County Fremont
Property Type Commercial Sale
Contingency None
Possible Use Income Restaurant Warehouse Other
Status Active
Directions From Orton Realty west on Sheridan Ave to 1402. Property is directly behind Cellular Advantage. Coming into Shenandoah on Hwy 59 from the north; at the stop light turn right property is on your left.
Open Parking Spaces 35
Number Of Units Total 1
Lot Size Units Acres
Lot Size Square Feet 9147.6
Tax Annual Amount 2094
Living Area Units Square Feet
Standard Status Active
Legal Description PARCEL 4 IN SE NE
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Interior
Basement None
Flooring Carpet Tile
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Exterior
Parking Features Paved
Water Source Public
Building Area Total 2856
Lot Dimensions Front 83 Rear 83 Side 1 107 Side 2 118 9 338sf .21 acres
Lot Size Acres 0.21
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* Excluded Features
List By
Shawn Munsinger

Listing Agent

Orton Realty

Broker

shawn.ortonrealty@gmail.com

Email

Affordability Calculator

$1,092
Per Month
84%
16%
0%
Monthly Principal & Interest
$917
Monthly Property Taxes
$175
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/28/2026$149,000 Listed Price

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1402 W Sheridan Avenue, Shenandoah, IA, 51601 is a Commercial Property for sale at $149,000 with 2,856 sqft and a lot size of 0.21. 1402 W Sheridan Avenue was built in 1950. The property's zip code is 51601 which is in Shenandoah, IA