$575,000
GLENWOOD, IA 51534
MLS# 25-2474
1250 sqft
1 / 22
Property Description
Elevate your entrepreneurial vision with this established, locally owned business that has been a community favorite for over 10 years. Known for its strong brand, loyal customer base, & top-tier service, this turn-key coffee & ice cream shop offers a rare chance to step into a thriving, year-round operation. Situated on highly visible Locust Street, the property sits on a corner lot with a full drive-through, private parking, and outdoor picnic seating. A major 2022 addition nearly doubled the square footage & includes a walk-in refrigerator & freezer, upgraded 3-phase electrical, & the additional square footage & infrastructure needed to expand into food service if desired.
Details
Maps
Contract Information
Auction: No
Sale: For Sale
Bank Owned?: No
Agent Equity: No
Current Price: $575,000
Status: Active
Listing Date: 2025-11-24
List Price: $575,000
General Property Description
Location: Free Standing
Leased: None
Building Size: 2,000 or Less
Exchange: No
Bldg Expandable: No
Addl Land Availble: No
SF Manufacturing: 0
SF Warehouse: 0
SF Office: 0
SF Mezzanine: 0
SF Freezer: 75
SF Refrigerator: 75
SF Other: 1100
Lrgst Cnt SF Lease: 0
Lot Dimensions: 56x168
Type of Property: Business with RE
Year Built: 2001
Tot Fnshd SF: 1250
Currently Not Used
Lot Size: .22 Acres
Location, Tax & Legal
Located City/County: City
Legal: N1/3 LOT 2 BLK 24
Parcel No.: 056510000000000
Zoning: Commercial
Current REIDS Yr Pd: N/A
Insurance: TBD
Area: Area 12
House #: 501
Street Direction Pfx: S
Street Name: LOCUST
Street Suffix: Street
State/Province: IA
County: MILLS
Zip Code: 51534
Office/Member Info
Net Taxes: 5412
Tax Year: 2024
Possession
At Closing: 1
Negotiable: 1
Construction
Frame: 1
Roof
Asphalt: 1
Terms
Sell In Entirety: 1
Potential Use
Diversified: 1
Restaurant: 1
Other - See Remarks: 1
Documents on File
None: 1
Improved Structure
Yes: 1
Parking
Parking Space: 1
Paved: 1
5 - 10: 1
Number of Stories
One: 1
Floors
Conc Slab: 1
Walls
Drywall: 1
Finished: 1
Insulated: 1
Utilities
Electricity: 1
Gas: 1
Sewer: 1
Water: 1
Foundation/Basement
Slab: 1
Heating/Cooling
Central Air: 1
Forced Air: 1
Natural Gas: 1
Ductless A/C: 1
Misc Amenities
Other - See Remarks: 1
Docks
None: 1
Mortgage Info
Gross Taxes: 5411.72
Restrooms
One: 1
Wiring
3-Phase: 1
Flood Zone
100 Year: 1
To Show
24 Hr Notice: 1
Call Agent: 1
Photo Certification
I own the photos or have the right to use.: Yes
Status Change Info
Status Change Date: 2025-11-24
Property Features
Terms: Sell In Entirety
Potential Use: Diversified; Restaurant; Other - See Remarks
Documents on File: None
Improved Structure: Yes
Parking: Parking Space; Paved; 5 - 10
Construction: Frame
Number of Stories: One
Floors: Conc Slab
Walls: Drywall; Finished; Insulated
Roof: Asphalt
Misc Amenities: Other - See Remarks
Docks: None
Restrooms: One
Wiring: 3-Phase
Flood Zone: 100 Year
Possession: At Closing; Negotiable
To Show: 24 Hr Notice; Call Agent
Utilities: Electricity; Gas; Sewer; Water
Supplements
All equipment is in place and ready for you to continue the successful concept or grow it into something even bigger. With real estate included, updated systems, & room to expand, this is an exceptional opportunity to take over a proven business and start serving the community on day one.
Listing Office: Better Homes and Gardens Real Estate The Good Life Group
Last Updated: April - 20 - 2026
Information deemed reliable but not guaranteed.