322 E Coolbaugh Street Red Oak, IA ^$ 149,000

322 E Coolbaugh Street

^$ 149,000

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Recently Listed

322 E Coolbaugh Street

Red Oak, IA, 51566

^$ 149,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 941

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Commercial Property for sale in Red Oak, IA

for $149,000. This building was built in 1900 on a lot size of 0.06.

Follow your dreams in this afforable restaurant investment!!! This successful operating restaurant includes 7,560 SQFT building, two ADA restrooms and all equipment at $149,000. This business will continue to operate. The 2,520 SQFT restaurant seats 50 patrons. There is a full spray foamed basement and 2 upper floors of 2,520 SQFT each. Serious inquries only. Call today to get started on owning your very own restaurant.

Commercial Active

Price

^$ 149,000

Property Type

Commercial

Taxes

^$ 1,688

Style

Business

Lot Size

0.06

Year Built

1900

Town/City

Red Oak

County/Region

Montgomery

MLS | Web ID

6339697

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Utilities Electric Common Heating Common Hot Water Common

Roof Flat Rubber

Appliances Cooktop Refrigerator Freezer

Garage Spaces 0

Architectural Style Business

Construction Materials Brick

Year Built 1900

Tax Year 2024

Current Use Food Service Restaurant

Accessibility Doors 36 + Hallways 42 +

County Montgomery

Property Type Commercial Sale

Contingency None

Possible Use Restaurant

Status Active

Directions From Broadway in Red Oak turn East on Coolbaugh and 322 will be on the corner of 4th and Coolbaugh

Open Parking Spaces 10

Number Of Units Total 1

Lot Size Units Acres

Lot Size Square Feet 2613.6

Tax Annual Amount 1688

Living Area Units Square Feet

Standard Status Active

Legal Description ORIG PLAT E 21' LT 1 BLK 44

Interior

Basement Full

Flooring Carpet Vinyl

Exterior

Parking Features On Street

Lot Features Corner Lot

Water Source Public

Lot Dimensions 21X120

Lot Size Acres 0.06

Road Frontage Type City Street

Road Responsibility Public Maintained Road

* Excluded Features

List By

Audie Rainey

Listing Agent

Rubey Realty

Broker

712-621-1818

Contact

Affordability Calculator

$1,081

Per Month

Monthly Principal & Interest: $941
Monthly Property Taxes: $141
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Commerical listings in Red Oak, IA

Average List Price ^$157,250

Percent of Sale Price 6%

About Red Oak, IA

5,417 Population

-13% Since 2002

^$34,167 Median Income

43.2 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/25/2026	$149,000		Listed Price

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322 E Coolbaugh Street, Red Oak, IA, 51566 is a Commercial Property for sale at $149,000 with a lot size of 0.06. 322 E Coolbaugh Street was built in 1900. The property's zip code is 51566 which is in Red Oak, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 6/28/2026.

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322 E Coolbaugh Street

Commercial Property for sale in Red Oak, IA

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