Property Description

For Sale: Iconic Hometown Seasonal Quick-Service Restaurant – Established in 1950.
Own a thriving piece of history! This beloved seasonal quick-service restaurant, a staple of the New Sharon, IA community since 1950, is now available for the next owner to continue its legacy.
Location: 503 & 507 South Main, New Sharon, IA
Prime Spot: Situated on a hard surface road with excellent visibility and accessibility.
Property Details:
• Double Lot with ample space for expansion
• Spacious Parking Lot to accommodate high traffic
• On-Site Playground for families and young customers
• Additional Storage Shed for business needs
Turnkey Opportunity – Fully equipped and ready to operate! All restaurant equipment, playground equipment, and additional storage are included, making this an effortless transition for a new owner.
Huge Growth Potential – Expand operating hours, add new menu items, or even develop the property further to maximize revenue.
Don’t miss this rare opportunity to own a successful, well-established business with deep community roots. Contact me today for more details!

Features
: Electric
: Central Air
: Concrete, See Remarks, Wood
: Storage
: Public Sewer
: Electricity Available, Natural Gas Available
: Display Window(s)
Address Map
IA
Mahaska
New Sharon
50207
South Main Street
503 & 507
W71° 59' 3.8''
N44° 38' 20.2''
New Sharon, Ia on Main Street
OT-W (West of I-380)
Commer
MLS Addon
Realty87
Patricia O'Connell
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Additional Information
Restaurant
: Frame
3 Phase
20,510
2025-07-31
: Public
Financial
1228.0
Listing Information
OCONNELLPATR121
CHED
Cash, Other
Active
2025-08-01T12:24:48Z
CDR
2025-08-01T07:08:15Z

503 & 507 South Main Street, New Sharon, Iowa 50207 - Commercial Sale For Sale

503 & 507 South Main Street, New Sharon, Iowa 50207

480 Sqft
$230,000
Listing ID #2506668
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2506668
Price : $230,000
Square Footage : 480 Sqft
Year Built : 2018
Lot Area : 0.47 Acre
Status : Active
F 150 : Off Street
Property Sub Type : Business
Roof : Metal
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent