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Turn-Key Restaurant and Deli
For Sale
$399,000

111 E Robinson St, Knoxville, IA 50138

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

Property SizeContact for details
Days on Market410

Property Features for 111 E Robinson St

General Information

Standard status Active

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $4,401

Building Details

Year Renovated 2016
Listing Agency: Iowa Realty Knoxville
Listed By: Sheryl Chambers · License #***
Source: Exprealty
Added: Jul 22, 2025 Changed: Aug 20 Last Checked: Sep 4 at 10:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Iowa Realty Knoxville

Investment Insights

Based on property information with market context.

This property offers a well-established, turn-key restaurant/deli operation for purchase, with the building, land, fixtures, equipment, and inventory included. The building was gutted and underwent a total interior and exterior renovation in 2016, with most items replaced at that time, supporting a ready-to-operate concept.

The business and property are in a highly visible location in the heart of the Knoxville business district, just off the town square, at 111 E Robinson St, Knoxville, IA. Prospective buyers can schedule an appointment to review the possibilities for their specific business needs.

The offering is designed for someone looking to start a restaurant/deli operation or expand an existing concept at this location, supported by the included turn-key components and recent renovation work from 2016.

Key Highlights

  • 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

Property Analytics

Current Use

Hometown Market Meats ... Take-out & Catering

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Computer & Electronic Repair Furniture & Home Goods Big Box & Wholesale Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

527
Businesses Nearby
20k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 95% Dining 5%
Casey's General Store Shops & Services
13,398 visits/mo 0.5 miles
Phillips 66 Shops & Services
3,059 visits/mo 0.3 miles
Wells Fargo Shops & Services
2,752 visits/mo 0.2 miles
Peace, Love & Little Donuts Dining
987 visits/mo 0.2 miles

Demographics for 50138, IA

11,631
Population
5,181
Households
2.2
Avg Household Size
43
Median Age
28%
College-Educated
94%
High-School Grad
168.1 sq mi
ZIP Area
69
Density / Sq Mi
$76,887
Median Household Income
$46,580
Median Earnings
$815
Median Rent
$169,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Lucky Buffet 114 S 2nd St, Knoxville, IA 50138

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Well-established, turn-key restaurant/deli operation with building, fixtures, equipment, and inventory included.
Where is this conventional restaurant located?
The property is located at 111 E Robinson St Knoxville, IA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 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
More about this property
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