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Improved Commercial Land for Sale in Lamoni, Iowa

440 Highway 69 & Main, Lamoni, IA 50140

$150,000
1.25 acres
Active
$25k drop
Est $854/mo

Turn-Key Restaurant Business: Be revenue generating on day 1! Great opportunity in a University-town community. This business has been well established in this location for 50+ years. BUILDING: Well refurbished and remodeled. A very efficient 560 sq ft of commercially equipped and health-inspector-approved kitchen, and 256 sq ft of covered portico for ordering and dining. Additional outdoor dining benches and tables in shady park-like area in back. Public accessible restroom from the outside and a separate private employee restroom inside. EQUIPMENT: everything in place to do business from day one: Square POS system, soft serve ice cream machine Taylor brand, soda fountain, grill, deep fryer, steam table, freezers, refrigerators, branded merchandise, etc... Equipment list and P&L sheets are available. LAND: 1.25 acres: keep the green space or develop it to suit your needs. LOCATION: Lamoni, Iowa is a great community located just off I35 between Des Moines and Kansas City. Just minutes off the interstate and conveniently accessible to two airports. A great regional location, centered within a days drive of ten different large-city markets. BUSINESS DESCRIPTION: Established in 1968, The Dairy Cup serves soft serve ice cream, shakes and related ice cream treats along with beef burgers, tenderloins, chicken sandwiches, french fries, onion rings and other specialty food items along with unique weekly specials. Full menu with online ordering and curbside pick up. NAME: The Dairy Cup (The Dairy Cup, LLC & Soft Serve Empire, LLC) CURRENT INDUSTRY: Walk- up, Drive Through, Ice Cream / Hamburger Restaurant. Take out only. Ready for a new retirement adventure? Always wanted your own ice cream shop? Want a farm/greenhouse to table operation? Plenty of room to erect greenhouses and garden; and local opportunities for pasturing your own livestock and meat processing. No reason to wait; begin now.

560
Sq feet
2
1/2 baths
1981
Built

Location

Street address
440 Highway 69 & Main
Elevation
932 feet
Coordinates
41.4621, -93.5583

Property details

Acreage
1.25 acres
MLS #
MyStateMLS 11340672
Posted

Property taxes

Recent
$1,430

Parcels

  • 1302351008

Details and features

Listing

Type
Commercial Sale

Exterior

Parking
Garage

Structure

Stories
1

Interior

Rooms
Bathroom x 2

Listing history

DateEventPriceChangeSource
Oct 23, 2025Price drop$150,000$25,000 -14.3%MyStateMLS
Nov 7, 2024Price drop$175,000$75,000 -30%MyStateMLS
Sept 20, 2024New listing$250,000MyStateMLS
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This 1.25-acre property is located at 440 Highway 69 & Main in Lamoni, IA 50140. The property is available for sale for $150,000. It has a 560 sq ft structure built in 1981.

  • Listed by Preferred Properties Real Estate Services, (641) 784-6642, Source

Checked 13 mins ago — Updated

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