Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 0-bedroom, 0-bathroom commercial at 1113 S 2nd Avenue in Sheldon, IA is listed for $299,000. Built in 1973, on a 0.92 acres lot.

Agent Description

With over 5,000 square feet of updated space, this Sheldon restaurant, formerly "The Train Station Sheldon Depot" is available for purchase. After major renovation in 2024 and operations since, the owners have made the difficult decision to refocus their time and effort on their other businesses.

This is a turnkey opportunity for the next restaurant enthusiast and the owners will ensure to communicate all the tricks to the operation and mechanics of this building to suit your vision. The dining area and bar will all remain intact, and your patrons will be able to come in and sit down in short order.

The kitchen with many new appliances and equipment, will remain just as they are today as well, which means they are freshly serviced and fully operational. There is an updated HVAC system, fresh flooring, and paint, along with some decor and lighting.

In 2024 an outdoor patio was added for the perfect weather that NW Iowa offers throughout the seasons. There is space for games, live music, private parties, conferences, meetings, and several ways to flex the space to fit the events you might host. Of course there is ample parking, no matter the size of the crowd that might be drawn.

The pictures will show you much of the condition and the opportunity that awaits. Recognize there is much more to share than we can here and you will have a lot of questions; the owners are ready to assist in the seamless transition. UTILITIES INFO ~ AVERAGE MONTHLY TOTAL: $1286.00 ~ Gas/Electric: MidAmerican Energy; Garbage/Recycling: City of Sheldon; Water/Sewer: City of Sheldon.

Key Features

  • Built in 1973
  • 0.92 acre lot

Property Details

1973

Monthly Cost Estimate

$1,599/mo

20% down · 6.5% · 30 years

Principal$216
Interest$1,296
Insurance$87

Estimates only. Actual payments may vary.

Location

1113 S 2nd Avenue

Sheldon, IA 51201-0000

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1113 S 2nd Avenue is listed at $299,000. The estimated monthly payment is $1,296 based on 20% down at 6.5% interest.

Key features include: Built in 1973, 0.92 acre lot.

This property is listed by Corey Elgersma and can be reached at 7123481770 or Corey.elgersma@isbservicesinc.com.

CE

Corey Elgersma

Agent at ISB Services Inc

(712) 348-1770

Listed by ISB Services Inc

MLS# 828747· Source: listhub· Updated 377 days ago

Copyright © 2026 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1113 S 2nd Avenue, Sheldon, IA 51201-0000

Open this listing in: