3906 E Main St, Knoxville, IA 50138

Listing agent Matt Shaw Show Phone

Listing office Metro CRE m***@gmail.com Show Phone

Listing date Jun 11, 2026

Source Moodyscre

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Overview

This mixed-use property includes a fully equipped, turnkey restaurant and owners quarters located directly above the restaurant. The restaurant features a large bar and seating for approximately 40 guests indoors and 100 guests outdoors, along with a spacious deck area for entertainment and a sand volleyball court. The building also includes six occupied rental apartments, with two additional 2-bedroom owners quarters (or rental units) on the property.

The offering is located just outside Knoxville, Iowa, and includes paved parking. The site is approximately 2.25 acres. The property combines daily operations space with on-site residential units, supporting management and tenancy in the same building.

For buyers and operators, the layout is designed to keep the restaurant and residential components under one roof, with on-site living above the business and multiple apartments already occupied. The restaurant and apartments are offered together as a single package, and the listing also includes a fully furnished studio condo in Madeira Beach, Florida, on the 11th floor with views over intracoastal waterways and the Gulf of Mexico, available for owner use or rental. The remarks indicate a GPI of nearly $10k.

Suggested Use

Restaurant Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Storage Facility Bar & Pub Travel Agency

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

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

Location Insight

• Map
• Local Demand

City

Knoxville

County

Marion

State

Iowa

Longitude

-93.0638467

Latitude

41.3144235

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FAQs

What type of property is this?

Conventional restaurant - Turnkey restaurant with owners quarters above six occupied rental apartments, plus paved parking and an included furnished condo.

Where is this conventional restaurant located?

The property is located at 3906 E Main St Knoxville, IA.

What are key features of this property?

This property features: Turnkey restaurant with large bar and deck area, plus sand volleyball court; seats about 40 inside and 100 outside; Owners quarters located directly above the restaurant (also described as 2/2 owners quarters or rental units); Six fully occupied rental apartments with steady income and low vacancy rates