Grocery Store

Iowa City, IA Grocery And Convenience Stores for Sale

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Coralville, IA North Liberty, IA Tiffin, IA Hills, IA Solon, IA West Branch, IA Riverside, IA Lone Tree, IA
Former Convenience Store with Cooler
Updated: Jan 20, 2025
Former Convenience Store with Cooler

Iowa City, IA 52246

$950,000
0.81 AC lot
Commercial building totaling 2,752 SF on 0.81 acres
High traffic location on Mormon Trek Blvd and Benton St with signage potential
CN1/Neighborhood Commercial zoning for small scale retail, personal service, and convenience store use
Former Kum & Go tenant removed tanks, canopy, and fuel pumps; cooler and fixed counters (including checkout counter) remain
Central air and forced‑air natural gas heating; tile flooring
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Iowa City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Rehabbed Commercial Building in Galena
Rehabbed Commercial Building in Galena

11358 Industrial Drive, Galena, IL 61036

$1,295,000
5,655 sqft

Investment property with leased and vacant space in Galena, IL.

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Fully Leased Neighborhood Shopping Center
Fully Leased Neighborhood Shopping Center

997 Galena Square Dr, Galena, IL 61036

Contact for pricing
48,428 sqft

Fully leased shopping center anchored by Piggly Wiggly with 10 tenants.

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Freestanding Convenience Store
Freestanding Convenience Store

1430 1st Avenue, Cedar Rapids, IA 52402

Contact for pricing
3,278 sqft

Freestanding Fas Fuel convenience store offers retail space in a standalone format.

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Natural Grocer Retail Opportunity
Natural Grocer Retail Opportunity

931 Blairs Ferry Rd NE, Cedar Rapids, IA 52402

Contact for pricing
15,000 sqft

Retail space in Cedar Rapids, Iowa, near major thoroughfares.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

C2 Zoned Commercial Land
C2 Zoned Commercial Land

Ridgeway at University Ct, Coralville, IA 52241

$2,138,796
4.91 AC lot

4.91-acre C2 commercial lot with utilities to the site, suited for a variety of development plans in Coralville.

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Commercial C2 Development Land
Commercial C2 Development Land

Crosspark Rd, Coralville, IA 52241

$3,396,710
7.80 AC lot

Zoned C2 with utilities to the lot, offering flexibility for commercial development near major roadways.

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Commercial Land with Utilities
Commercial Land with Utilities

Crosspark Rd, Coralville, IA 52241

$896,980
2.06 AC lot

C2-zoned commercial lot with utilities to the property, positioned near major retail and an active medical campus.

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C2 Zoned Development Land
C2 Zoned Development Land

Crosspark Rd, Coralville, IA 52241

$6,312,530
14.49 AC lot

C2 commercial parcel with utilities to the lot and strong access near US Hwy 965 and Forever Green Road.

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Iowa City, IA Grocery And Convenience Stores Market Trends and Statistics

Explore 1 grocery and convenience stores for sale in Iowa City, IA on our real estate platform.

Sale prices for supermarkets in Iowa City, IA average $950,000 — 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

Storefront properties 18
Auto shops 4
Automotive properties 4
Showrooms 2
Grocery and convenience stores 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
52246 $950K

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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