Conventional Restaurant

Clarence, IA Conventional Restaurants for Sale

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Restaurant and Bar with Patio
Updated: Oct 7
Restaurant and Bar with Patio

628 Lombard Street, Clarence, IA 52216

$499,000
6,097 sqft
6,097‑square‑foot brick commercial building dating to 1900
Sale package includes the building, land, and operating business
Outdoor patio with bar and band stage
Private party space, pool tables, and dartboards
Restaurant and bar business operates seven days a week
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Clarence, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Renovated Restaurant Condo
Renovated Restaurant Condo

A-796 11th St, Marion, IA 52302

$725,000
4,813 sqft

Fully leased first-floor space includes a catering-size kitchen and an active five-year lease.

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Restaurant Business with Food Cart
Restaurant Business with Food Cart

213 Iowa Ave, Iowa City, IA 52240

$125,000
1,380 sqft

Established restaurant operation includes transferred equipment, inventory, and a second food-cart channel subject to city approval.

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Mixed-Use Retail and Residential
Mixed-Use Retail and Residential

113 Iowa Ave, Iowa City, IA 52240

$1,150,000
2,888 sqft

Fully leased downtown mixed-use property with retail space and residential unit(s) above, plus one parking spot behind.

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Leased Restaurant Condo Unit
Leased Restaurant Condo Unit

796 11th St, Marion, IA 52302

Contact for pricing
4,813 sqft

Fully leased first-floor restaurant space with a catering-size kitchen and recent renovation, sold with an in-place tenant lease.

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Clarence, IA Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Clarence, IA on our real estate platform. These investment opportunities span a total of 6,097 square feet of properties for sale, with an estimated market value of $499,000.

Sale prices for conventional restaurants in Clarence, IA average $499,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 1
Conventional restaurants 1

Demographics Overview

Population 1,513
Population Growth (5Y) +26.9%
Median Household Income $66,375
College Educated 18.4%

Taxes & Financing

Tax Rate (average for all types) 1.71%
Property Tax per SF $24.75 per SF
Tax Rate vs County Average 0.68 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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