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    Iowa City, IA
    Conventional Restaurant

    Iowa City, IA Conventional Restaurants for Sale

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    Restaurant Condo Building with Patio
    Updated: May 1
    Restaurant Condo Building with Patio

    Iowa City, IA 52245

    $515,000
    0.07 AC lot
    3‑story mixed‑use property on Emma Harvat Square with commercial restaurant space plus a residential condo
    Built in 2014 with brick construction, wood and vinyl flooring, forced‑air natural gas heat, and central air
    Restaurant includes bar and dining area with soaring 2‑story ceilings, interior mezzanine, and fully equipped commercial kitchen
    Huge wraparound exterior patio plus 2nd‑floor prep/storage and office space
    3rd‑floor condo features 2 bedrooms, 2 bathrooms, and park views; unit will refresh with new flooring and paint
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    Leased Mixed-Use Building
    Updated: Feb 13
    Leased Mixed-Use Building

    Iowa City, IA 52240

    $1,250,000
    0.04 AC lot
    Fully leased downtown Iowa City investment property with one parking spot behind the building
    Main floor and basement retail space leased by The Wedge Pizzeria through Jan 31, 2030
    Retail building includes 1 parking spot behind the building and is configured with retail below and residential above
    1900 built structure with brick/frame construction, concrete and wood flooring, and tar/gravel roof
    Residential space above is 988 SF and fully rented without an existing lease
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    Mixed-Use Retail and Residential
    Mixed-Use Retail and Residential

    113 Iowa Ave, Iowa City, IA 52240

    $1,250,000
    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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    Three-Story Restaurant Building
    Three-Story Restaurant Building

    1010 Martin Street, Iowa City, IA 52245

    Contact for pricing
    3,046 sqft

    Three-story restaurant building offered for sale, suited for food service operators needing multi-level space.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Iowa City, 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.

    Konomi Japanese Restaurant and Condo
    Konomi Japanese Restaurant and Condo

    843 Quarry Road 140, Coralville, IA 52241

    $1,800,000
    5,150 sqft

    Restaurant and commercial condo package includes Konomi Japanese Restaurant with full kitchen, dining room, and off-street parking.

    View details
    Conventional Restaurant with Airplane Roof Landmark
    Conventional Restaurant with Airplane Roof Landmark

    103 8th Avenue SW, Cedar Rapids, IA 52404

    $299,000
    1,586 sqft

    Single-story restaurant on a 0.23-acre lot with display windows, concrete floors, and heating and air conditioning.

    View details
    Turn-Key Drive-Thru Restaurant/Bar
    Turn-Key Drive-Thru Restaurant/Bar

    1519 6th St Sw, Cedar Rapids, IA 52401

    $799,950
    3,470 sqft

    Turn-key restaurant and bar with drive-thru on a high-traffic corner and fully modernized major systems.

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    Japanese Restaurant and Commercial Condo
    Japanese Restaurant and Commercial Condo

    843 Quarry Rd, Coralville, IA 52241

    $1,800,000
    0.12 AC lot

    Turnkey Japanese restaurant sale includes a commercial condominium in Iowa River Landing.

    View details

    Iowa City, IA Conventional Restaurants Market Trends and Statistics

    Explore 4 conventional restaurants for sale in Iowa City, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 5,934 square feet of properties for sale, with an estimated market value of $3,015,000.

    Sale prices for conventional restaurants in Iowa City, IA start at $515,000, averaging $1,005,000, and reaching up to $1,250,000 — 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

    Conventional restaurants 6
    Bars & Pubs 3
    Commercial kitchens 1

    Demographics Overview

    Population 108K
    Population Growth (5Y) +35.7%
    Median Household Income $62,209
    College Educated 50.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    52245 $515K
    52240 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 3.25%
    Property Tax per SF $18.14 per SF
    Tax Rate vs County Average 0.17 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Johnson County

    New Delisted

    Total CRE Inventory on Market (SF)

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