
721 Main, OSAGE, IA 50461
Mitchell County
Key Facts
Description
Seize the chance to own a well-established, fully operational diner with endless potential and the convenience of on-site living or additional rental income, with a loyal customer base and strong community presence. This turnkey opportunity offers a spacious updated dining area, a fully equipped commercial kitchen, updated furnishings, and all the essentials to continue business without interruption. Located in a high-traffic area, this diner also features modern kitchen equipment and appliances with a great work flow layout. Upstairs, you’ll find a spacious 2-bedroom apartment. The apartment will come fully furnished and features a private entrance, full bathroom, large living room with a beautiful view overlooking Main Street, and washer and dryer on site. Whether you're looking to continue the current concept or bring your own culinary dream to life, this property offers the perfect foundation for success. Step into ownership with confidence and start serving the community today!
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Style
2 Story
Year Built
1900
Stories
2
Living Area
5,148 sq ft
Zoning
Z3 - General Urban Distri
Days on Market
365
MLS® Listing#
250384
Property Features
Cooling
Flooring
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$2,496
Tax year 2024
Parcel Number
1024354013
Affordability Calculator
$59,000
Estimated monthly payment
$1,570/mo
Principal $236,000 · Est. interest $329,241 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in OSAGE, IA
- $320,000
- Median Listing Price
- 45
- Median Days on Market
- 1,702
- Median Sq Ft
- $124
- Median Price / Sq Ft
- 14
- Active Listings
- This home’s price is 8% below the area median.
- Its price per sq ft is 54% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in OSAGE, IA.
Location
Points of Interest in OSAGE, IA
Showing the OSAGE area map.
Nearby Schools
Washington Elementary School
Elementary · 0.2 mi away
Lincoln Elementary School
Elementary · 0.2 mi away
Osage Middle School
Secondary · 0.4 mi away
Sacred Heart Catholic Church
School · 0.4 mi away
Osage High School
Secondary · 0.5 mi away
St Ansgar High School
Secondary · 8.2 mi away
St Ansgar Elementary School
Elementary · 8.2 mi away
St Ansgar Community Schools
School · 8.3 mi away
Central Springs Community School District
Elementary · 13.6 mi away
Riceville Community School
Secondary · 13.8 mi away
Washington Elementary School
Elementary · 15.8 mi away
Carrie Lane High School
Secondary · 16.2 mi away
Charles City Community School District
School · 16.5 mi away
St. John Christian Preschool
School · 16.6 mi away
Immaculate Conception School
School · 16.7 mi away
Lincoln Elementary School
Elementary · 16.7 mi away
Lyle Public School
Elementary · 16.9 mi away
Rockford Junior-Senior Rockford Senior High
Secondary · 17.0 mi away
RRMR Elementary School
Elementary · 17.0 mi away
Carrie Lane High School
Secondary · 17.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 209 Park St, OSAGE, IA | $216,000 | 5 | — | 1,608 |
| 530 Main Street, Osage, IA | $250,000 | — | — | 4,532 |
| 814 Ash Street, Osage, IA | $259,000 | 3 | 3 | 2,288 |
| 1419 Chase Street, Osage, IA | $269,000 | 3 | 2 | 1,215 |
| 1415 Chase Street, Osage, IA | $275,000 | 3 | 2 | 1,208 |
| 721 Main St, Osage, IA | $295,000 | — | — | 5,148 |
Moving Cost Estimate
EXIT Agents in OSAGE
Listing Courtesy: CENTURY 21 PREFERRED
Presented by: RYAN KETELSEN














