Conventional Restaurant

Knoxville, IA Conventional Restaurants for Sale

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Turnkey Restaurant with Rental Apartments
Updated: Jun 18
Turnkey Restaurant with Rental Apartments

3906 E Main St, Knoxville, IA 50138

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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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Turn-Key Restaurant and Deli
Updated: Jul 22, 2025
Turn-Key Restaurant and Deli

111 E Robinson St, Knoxville, IA 50138

$399,000
Well‑established restaurant/deli operation with building, fixtures, equipment, and inventory included
Building was gutted and completed a total interior/exterior renovation in 2016
Includes business fixtures, equipment, and inventory, with building and land conveyed
Located in the heart of Knoxville business district just off the town square
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Restaurant Building with Full Bar
Restaurant Building with Full Bar

413 S Lincoln St, Knoxville, IA 50138

$240,000

Two kitchen spaces support food service, events, and large gatherings.

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Pizza Restaurant with Absolute Net Lease
Pizza Restaurant with Absolute Net Lease

1201 W Larson St., Knoxville, IA 50138

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Pizza Hut restaurant offered with an absolute net long-term lease with zero landlord responsibilities.

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

NNN-Leased Restaurant Property
NNN-Leased Restaurant Property

1500 W 18th St S, Newton, IA 50208

$2,145,000
4,968 sqft 1.20 AC lot

Pizza Ranch occupies the building under an absolute NNN lease with annual rent increases of approximately 2%.

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Absolute NNN Leased Pizza Restaurant
Absolute NNN Leased Pizza Restaurant

1500 W 18th St S, Newton, IA 50208

$2,145,000
52,272 sqft

A fully stabilized Absolute NNN lease with Pizza Ranch provides long-term, tenant-paid operating expenses.

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Restaurant Property with Outdoor Patio
Restaurant Property with Outdoor Patio

216 Court Ave, Des Moines, IA 50309

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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

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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 4 conventional restaurants for sale in Knoxville, IA, showcased through 4 active listings 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 $639,000.

Sale prices for conventional restaurants in Knoxville, IA start at $240,000, averaging $319,500, and reaching up to $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 5
Bars & Pubs 1
Commercial kitchens 1

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%

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