Conventional Restaurant

New Sharon, IA Conventional Restaurants for Sale

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Montezuma, IA Lynnville, IA Oskaloosa, IA Pella, IA University Park, IA Gibson, IA Sully, IA Beacon, IA
Double-Lot Restaurant Property
Updated: Jun 5
Double-Lot Restaurant Property

503 & 507 S Main Street, New Sharon, IA 50207

$185,000
0.47 AC lot
0.47‑acre restaurant property on US 63
Constructed in 2018
Two‑lot configuration at 503 & 507 S Main Street
C zoning
Public water and public sewer
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in New Sharon, 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.

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

$585,000
2.01 AC lot

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

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Turnkey Restaurant with Rental Apartments
Turnkey Restaurant with Rental Apartments

3906 E Main St, Knoxville, IA 50138

Contact for pricing
4,224 sqft

Turnkey restaurant plus owner living quarters above and six occupied rental apartments, offered with an included furnished condo.

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Renovated Restaurant Property
Renovated Restaurant Property

111 E Robinson Street, Knoxville, IA 50138

$399,000
0.12 AC lot

Restaurant and deli property offered with fixtures, equipment, inventory, and the underlying land.

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New Sharon, IA Conventional Restaurants Market Trends and Statistics

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

Sale prices for conventional restaurants in New Sharon, IA average $185,000 — 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

Coffee shops 1
Conventional restaurants 1

Demographics Overview

Population 2,360
Population Growth (5Y) +12.8%
Median Household Income $76,389
College Educated 28.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50207 $185K

Taxes & Financing

Tax Rate (average for all types) 1.88%
Property Tax per SF $27.58 per SF
Tax Rate vs County Average 0.53 pp below county avg
Average Loan-to-Value 65.0%

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