Downtown Restaurant with
For Sale
$99,900
207 N 13th St, Centerville, IA 52544
Well-maintained building with a fully licensed restaurant main level and an upper apartment with separate electric meter.
Property Size2,800 SF
Price / SF$35.68
Days on Market32
Property Features for 207 N 13th St
General Information
Standard status
Active
Size
2,800 SF
Additional Details
Furnished
Yes
Taxes and HOA fees
Annual Taxes
$1,470
Building Details
Stories
2
Listing Agency:
Hometown Realty
(641) 895-5632
Listed By:
Andrea Tilley · License #***
(641) 895-5632
Source:
Exprealty
Added: Jul 24
Changed: Aug 23
Last Checked: Aug 24 at 12:45PM
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 Hometown Realty
Investment Insights
Based on property information with market context.
This well-maintained mixed-use building includes a main-level space that is currently operating as a fully licensed, full-service restaurant. The seller intends to include dining tables and chairs, two stoves, a three-compartment sink, and other attached items, providing a ready foundation for a new concept or continued use. An upper level apartment is also included, featuring new front windows, a separate electric meter, and new electric baseboard heaters ready for installation. Renovation materials needed to complete the apartment have already been purchased and will remain with the property.
The property is located on the highly visible southeast corner of Centerville’s historic town square. The sale is being offered AS-IS.
Additional business equipment may be negotiable with an acceptable offer, and the seller will consider owner financing for qualified buyers.
The property is located on the highly visible southeast corner of Centerville’s historic town square. The sale is being offered AS-IS.
Additional business equipment may be negotiable with an acceptable offer, and the seller will consider owner financing for qualified buyers.
Key Highlights
- Well‑maintained building on the southeast corner of Centerville’s historic town square with high visibility.
- Approx. 2,000 sq. ft. main level currently operating as a fully licensed, full‑service restaurant.
- Main‑level restaurant items included: dining tables, chairs, two stoves, and a three‑compartment sink (plus other attached items).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
518
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 52544, IA
7,481
Population
4,096
Households
1.8
Avg Household Size
44
Median Age
19%
College-Educated
88%
High-School Grad
138.3 sq mi
ZIP Area
54
Density / Sq Mi
$45,257
Median Household Income
$36,792
Median Earnings
$779
Median Rent
$114,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Well-maintained building with a fully licensed restaurant main level and an upper apartment with separate electric meter.
Where is this conventional restaurant located?
The property is located at 207 N 13th St Centerville, IA.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Well‑maintained building on the southeast corner of Centerville’s historic town square with high visibility.; Approx. 2,000 sq. ft. main level currently operating as a fully licensed, full‑service restaurant.; Main‑level restaurant items included: dining tables, chairs, two stoves, and a three‑compartment sink (plus other attached items).
