Conventional Restaurant

Lucas, IA Conventional Restaurants for Sale

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Woodburn, IA Osceola, IA Derby, IA Chariton, IA Weldon, IA Humeston, IA Lacona, IA New Virginia, IA
Restaurant Building with Bar
Updated: Apr 11
Restaurant Building with Bar

11877 550th Street, Lucas, IA 50151

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Restaurant and bar building with convention area, kitchen, dining space, and two separate restrooms
Commercial equipment remains, including coolers, walk‑in freezer, and stainless steel fixtures
Restaurant and bar use established since 2003; property is currently vacant
Large patio with new fence overlooking a pond and surrounding land
Floor‑to‑ceiling fireplace and propane heat
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lucas, 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.

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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Turn-Key Restaurant and Deli
Turn-Key Restaurant and Deli

111 E Robinson St, Knoxville, IA 50138

$399,000

Well-established, turn-key restaurant/deli operation with building, fixtures, equipment, and inventory included.

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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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Lucas, IA Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Lucas, IA on our real estate platform.

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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 695
Population Growth (5Y) +19.2%
Median Household Income $87,548
College Educated 17.8%

Taxes & Financing

Tax Rate (average for all types) 1.64%
Property Tax per SF $18.29 per SF
Tax Rate vs County Average 1.08 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lucas County

Residential Income

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