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Renovated Restaurant Property
For Sale
$399,000

111 E Robinson Street, Knoxville, IA 50138

CommercialSale, Knoxville, IA

Property SizeContact for details
Lot Size0.12 Acres
Days on Market399

Property Features for 111 E Robinson Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-4
Elementary school district Knoxville
Middle school district Knoxville
High school district Knoxville
Directions Robinson Street just off SW corner of Knoxville town square (between 1st & 2nd Streets)
Subdivision Knoxville
Standard status Active
APN 000000842710005
Lot size 0.12 Acres

Taxes and HOA fees

Tax Description ORIG BLK 5 LOT 2 N1/2 & E1/2 OF S1/2
Tax Annual Amount 4402
Legal Description ORIG BLK 5 LOT 2 N1/2 & E1/2 OF S1/2

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1960
Listing Agency: Iowa Realty Knoxville
Listed By: Hannah Nicholson
Added: Jul 22, 2025 Changed: Aug 19 Last Checked: Aug 24 at 6:06PM
MLS# 722773

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This restaurant property includes the building, underlying land, fixtures, equipment, and inventory. The interior and exterior were comprehensively renovated in 2016, providing a modernized setting for restaurant or deli operations. The property is zoned C-4 and occupies 0.12 acres.

Located at 111 E Robinson Street in Knoxville’s business district, the property sits just off the town square. Building systems include forced-air heating with natural gas, central air conditioning, public water, and public sewer. The offering combines an established restaurant-oriented property with the physical components needed for continued use or expansion.

Key Highlights

  • Interior and exterior renovation completed in 2016
  • Building, land, fixtures, equipment, and inventory included
  • 0.12‑acre restaurant property

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

559
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 0.1 miles
Wells Fargo Shops & Services
2,752 visits/mo 0.1 miles
Peace, Love & Little Donuts Dining
987 visits/mo 0.0 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
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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 - Restaurant and deli property offered with fixtures, equipment, inventory, and the underlying land.
Where is this conventional restaurant located?
The property is located at 111 E Robinson Street 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: Interior and exterior renovation completed in 2016; Building, land, fixtures, equipment, and inventory included; 0.12‑acre restaurant property
More about this property
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