Conventional Restaurant

Knoxville, IA Conventional Restaurants for Sale

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Harvey, IA Pella, IA Leighton, IA Bussey, IA Chariton, IA Lovilia, IA Melcher Dallas, IA Albia, IA
Renovated Restaurant Property
Updated: Jul 22, 2025
Renovated Restaurant Property

111 E Robinson Street, Knoxville, IA 50138

$399,000
0.12 AC lot
Interior and exterior renovation completed in 2016
Building, land, fixtures, equipment, and inventory included
0.12‑acre restaurant property
C‑4 zoning
111 E Robinson Street, Knoxville, IA 50138
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Turnkey Restaurant with Rental Apartments
Updated: Jun 18
Turnkey Restaurant with Rental Apartments

3906 E Main St, Knoxville, IA 50138

Contact for pricing
4,224 sqft
Year built 1952
Fully equipped restaurant with owners living quarters directly above
6 occupied rental apartments
Large outdoor space for entertainment
Includes a furnished condo in Madeira Beach, Florida on the 11th floor with water views
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2 active listings match your search: Restaurant for sale in Knoxville, IA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Mixed-Use Commercial Building
Mixed-Use Commercial Building

114 N 2nd Ave W, Newton, IA 50208

$145,000
5,808 sqft

Two floors of commercial space with basement storage, with a second-floor apartment or studio possibility.

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Restaurant with Party Hall
Restaurant with Party Hall

6232 Highway S74 S, Newton, IA 50208

$555,000
2.01 AC lot

A commercial kitchen, bar, event space, storage areas and an apartment are part of the property.

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Restaurant Property with Outdoor Patio
Restaurant Property with Outdoor Patio

216 Court Ave, Des Moines, IA 50309

Contact for pricing
46,816 sqft

Multi-level restaurant property with open floor plans, exposed brick, expansive windows, and updated common areas.

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Updated Bar & Restaurant Space
Updated Bar & Restaurant Space

1930 SE 6th St, Des Moines, IA 50315

Contact for pricing
1,842 sqft

Well-maintained bar and restaurant with recent significant updates and approximately four years remaining on the current lease.

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Knoxville, IA Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Knoxville, IA on our real estate platform. These investment opportunities span a total of 4,224 square feet of properties for sale, with an estimated market value of $399,000.

Sale prices for conventional restaurants in Knoxville, IA average $399,000 — 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 2

Demographics Overview

Population 11K
Population Growth (5Y) -3.1%
Median Household Income $76,887
College Educated 35.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50138 $399K

Taxes & Financing

Tax Rate (average for all types) 2.81%
Property Tax per SF $35.97 per SF
Tax Rate vs County Average 0.25 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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