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Sully, IA

Sully, IA Commercial Real Estate for Sale

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Lynnville, IA Reasnor, IA Pella, IA Grinnell, IA Kellogg, IA Newton, IA New Sharon, IA Oakland Acres, IA

Turnkey Café with Apartment

Updated: Oct 13, 2025

Turnkey Café with Apartment

616 4th St, Sully, IA 50251

$395,900

2,500 sqft

Fully updated 2,500+ SF cafe/restaurant building with patio space and rear garage/parking.
Extensive upgrades completed 2023‑2025, including a new fire suppression system, updated electrical and plumbing.
New commercial kitchen equipment including fryers, ovens, refrigeration, sinks, and more.
Remodeled 2‑bedroom apartment above the cafe for owner‑occupancy or rental income.
Recent improvements include new cement, signage, gutters, locks, and flooring.

This listing looks promising.

Here's a quick look at some key insights for

616 4th St, Sully, IA

View Property Analytics

Est. Cap Rate

8.3%
Above avg (5.9%)
Est. NOI

$33K
Annual
Price @ 7% Cap

$471K
Above asking
Property Type

Restaurant
Built 1970

View Property Analytics

Heated Flex Building

Updated: Jan 30

Heated Flex Building

107 W 5th Street, Sully, IA 50215

$349,900

0.50 AC lot

2019 construction
Heated main building with office and bathroom
Large open interior configured for warehouse use or seven separate storage units
0.5‑acre parcel
Com zoning

Updated Coffee Shop With Apartment

Updated Coffee Shop With Apartment

616 4th Street, Sully, IA 50251

$395,900

0.07 AC lot

Commercial kitchen equipment, patio space, and a remodeled apartment create a live-work configuration.

Flex Building with Office and Warehouse

Flex Building with Office and Warehouse

107 W 5th St, Sully, IA 50251

$349,900

Heated flex main building includes office and bathroom, with open warehouse space or seven separate storage units.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Sully, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Climate-Controlled Warehouse

Climate-Controlled Warehouse

4349 32nd St, Grinnell, IA 50112

$310,000

8,874 sqft

Insulated warehouse with radiant heat, air conditioning, floor drains, and large overhead doors.

Hydroponic Farm with Greenhouses

Hydroponic Farm with Greenhouses

4349 32nd St Unit 1, Grinnell, IA 50112

$200,000

5,460 sqft

Commercial agricultural property with hydroponic growing infrastructure, processing areas, storage, offices, and expansion land.

Jasper County Farmland Tract

Jasper County Farmland Tract

02 E 72nd Street S, Reasnor, IA 50232

Contact for pricing

70.26 AC lot

Productive agricultural acreage with cropland, a grass waterway, and access from two county roads.

Productive Farmland Tract

Productive Farmland Tract

01 E 72nd Street S, Reasnor, IA 50323

Contact for pricing

66.46 AC lot

Agricultural land with Ag zoning and access from two county roads near Sully.

Off-Market Properties in Sully, IA

Consider similar Off-Market properties in Sully, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

104 4th St

LIGHT INDUSTRIAL

104 4th St, Sully, IA 50251-1047

$330,000

Estimated value

10,125 sqft 0.93 AC lot

105 4th St

LIGHT INDUSTRIAL

105 4th St, Sully, IA 50251

$110,000

Estimated value

3,780 sqft 1.00 AC lot

618 4th St

OFFICE BUILDING

618 4th St, Sully, IA 50251-7707

$245,000

Estimated value

1,144 sqft 0.07 AC lot

620 4th St

RETAIL STORES (PERSONAL SERVICES)

620 4th St, Sully, IA 50251

$195,000

Estimated value

2,525 sqft 0.15 AC lot

101 1st W St

LIGHT INDUSTRIAL

101 1st W St, Sully, IA 50251-7755

$290,000

Estimated value

9,840 sqft 1.51 AC lot

102 4th St

WAREHOUSE, STORAGE

102 4th St, Sully, IA 50251-1047

$260,000

Estimated value

2,800 sqft 0.49 AC lot

502 1st St

LIGHT INDUSTRIAL

502 1st St, Sully, IA 50251-7756

$285,000

Estimated value

9,600 sqft 2.51 AC lot

317 7th Ave

BARBER, HAIR SALON

317 7th Ave, Sully, IA 50251

$255,000

Estimated value

880 sqft 0.04 AC lot

10046 Hwy 33rd S

LIGHT INDUSTRIAL

10046 Hwy 33rd S, Sully, IA 50251-8645

$280,000

Estimated value

10,700 sqft 0.78 AC lot

103 5th St

LIGHT INDUSTRIAL

103 5th St, Sully, IA 50251

$290,000

Estimated value

5,940 sqft 0.94 AC lot

12957 Temple Ave

COMMERCIAL (GENERAL)

12957 Temple Ave, Sully, IA 50251

Value Estimation by Request

6.52 AC lot

10240 Sta St

WAREHOUSE, STORAGE

10240 Sta St, Sully, IA 50251-8588

$515,000

Estimated value

15,000 sqft 6.18 AC lot

9380 Sta St

COMMERCIAL (GENERAL)

9380 Sta St, Sully, IA 50251

$285,000

Estimated value

0.32 AC lot

8788 Seneca St

COMMERCIAL (GENERAL)

8788 Seneca St, Sully, IA 50251

Value Estimation by Request

1.27 AC lot

103 9th Ave

COMMERCIAL (GENERAL)

103 9th Ave, Sully, IA 50251-7754

Value Estimation by Request

103 9th Ave

COMMERCIAL (GENERAL)

103 9th Ave, Sully, IA 50251-7754

Value Estimation by Request

0.15 AC lot

103 9th Ave

COMMERCIAL (GENERAL)

103 9th Ave, Sully, IA 50251-7754

Value Estimation by Request

0.72 AC lot

601 8th St

VACANT COMMERCIAL LAND

601 8th St, Sully, IA 50251-7740

$245,000

Estimated value

1.68 AC lot

705 8th St

LIGHT INDUSTRIAL

705 8th St, Sully, IA 50251-7741

$265,000

Estimated value

8,000 sqft 1.59 AC lot

601 8th St

LIGHT INDUSTRIAL

601 8th St, Sully, IA 50251-7740

$395,000

Estimated value

13,710 sqft 1.64 AC lot

Sully, IA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Sully, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 2,500 square feet of properties for sale, with an estimated market value of $1,491,600.

Sale prices for business properties in Sully, IA start at $349,900, averaging $372,900, and reaching up to $395,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,481

Population Growth (5Y) +3.9%

Median Household Income $95,417

College Educated 26.4%

High-Yield Neighborhoods for Investment

Identify Sully submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
50251	$372.9K

Taxes & Financing

Tax Rate (average for all types) 1.97%

Property Tax per SF $23.93 per SF

Tax Rate vs County Average 0.84 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Jasper County

New Delisted

Total CRE Inventory on Market (SF)

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