$400,000

304 Vine EDecatur, IA 50067

Retail property (from the listing description) · Restaurant premises · MLS 11509553 · Listed 523 days ago (May 30, 2025)

Active: Listed and available according to the MyStateMLS feed.

About this property

Turnkey Restaurant & Commercial Building For Sale - Decatur, Iowa 4,800 Sq. Ft. | 80' x 60' |Prime location on Iowa Hwy 2 and 1/2 Mile from I-35 Property Overview This is a rare opportunity to purchase a successful, turnkey restaurant business and property located in a prime position with excellent visibility and accessibility just 1/2 mile from Interstate 35 and directly on Iowa State Highway 2. Situated next to a busy RV park, this 4,800 square foot (80' x 60') property has successfully operated six days per week for five years, with a loyal customer base and strong regional visibility. Whether you're an established restaurateur looking to expand, or an entrepreneur seeking a turnkey space, this property delivers exceptional value and potential. This turnkey offering includes the real estate, all kitchen and dining equipment, furnishings, décor, and food inventory-allowing for immediate, seamless operation. Restaurant Highlights: • Open 6 Days a Week - consistent traffic and proven customer base • Decor: Charming and warm ambiance featuring handmade quilts displayed on the walls, tile flooring, and tasteful finishes • Dining Areas: Spacious layout that includes main dining room and a secondary room ideal for overflow or private events • Turnkey Sale: Includes all furniture, fixtures, décor, food inventory and equipment Building Specifications: • Total Building Size: 4,800 sq. ft. (80' x 60') • Construction: One-level freestanding commercial structure o Original Structure: Tile flooring, propane furnace, and central air conditioning o Addition: Epoxy-coated concrete flooring, heated and cooled by two mini-split units • Restrooms: Separate men's and women's restrooms, with shower in men's • Seating Capacity: Accommodates 65-70 guests comfortably • Utilities: o (2) Hot water heaters o (2) Separate electric panels (one for original building, one for addition) • Parking: Ample onsite Included Equipment & Furnishings Kitchen & Cold Storage: • (2) Stacked commercial convection ovens • Commercial stove • (3) Food warmers • (3) Deep fat fryers • (2) Flat-top fryers (24" electric & 36" gas) • Prep table • Cooler room • Walk-in freezer (8' x 10') with shelving • Double-door upright freezer • Single-door upright freezer • Double-sided refrigerator • Deep freezer • Commercial dishwasher • Shelving throughout kitchen and storage areas • Outdoor Thermo King walk-in freezer Dining Area & Décor: • Excellent opportunity for dine-in, takeout, catering and event hosting • (6) Large oak tables with 4 chairs each • (3) Smaller oak tables with 2 chairs each • Matching chairs and seating • Custom oak service bar with under-bar storage • Decorative elements included, featuring handmade quilts displayed throughout the interior Additional Items: • Turnkey Operation - everything you need to start operating from day one! • All restaurant inventory, including food inventory at time of sale • 2024 Spring Valley 8' x 10' utility shed • Outdoor grill Location Highlights (Benefits) • 1/2 Mile from Interstate 35 - Convenient access for travelers and locals • Frontage on Iowa State Highway 2 - Excellent visibility and daily traffic flow • Adjacent to an RV Park - Reliable seasonal and transient customer flow • Consistent 6-day/week operation for 5+ years Summary This is a rare turnkey investment opportunity for a restaurateur or business owner seeking a fully operational restaurant with deep community roots in a highly visible, strategic location. This property has operated as a popular, established restaurant for over five years, serving both locals and travelers. Located adjacent to a busy RV park, directly on Iowa State Highway 2, and just 1/2 mile from Interstate 35, this business is ready for immediate operation-all equipment, décor, and inventory are included, this is a seamless transition opportunity with zero startup delay. Contact us for your private showing!!

Description provided by the listing brokerage.

Key facts

Asking price

$400,000

Original list price

$485,000

Status

For sale

Property type

RetailFrom the listing description

Building area

4,800 SFSource field AboveGradeFinishedArea

Land area

0.54 acresSource field LotSizeAcres

MLS number

11509553

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price

$400,000

Price per SF of building

$83/SFAsking price ÷ 4,800 SF reported building area

Annual taxes

$2,136

Building and site

Stories

1

County

Decatur County

Reported features

• Public water (from a listing field)

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Listing details

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Decatur or retail property in Decatur.

Why this listing is on Commercial Only

• Property type as the listing describes it. (description: "turnkey restaurant & commercial building for sale -decatur…")
• MLS property class detail. (PropertyTypeDetail: comm-building)

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Price and status history

• Original list price reported by the brokerage: $485,000

Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

Guides

• Commercial property for sale in Iowa
• How listings qualify

Listing courtesy of United Country Southern Iowa Real Estate. Listing agent: Rhonda Triggs. Listings provided by MyStateMLS.

Listing last modified at the source Jun 3, 2026, 11:13 AM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 7:00 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.