3906 E Main St, Knoxville, IA 50138

Building Details

Year Built

1952

Listing agent Matt Shaw License #S41988000

Listing office Metro Commercial Real Estate, LLC

Listing date Jun 18, 2026

Source Crexi

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 Metro Commercial Real Estate, LLC

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Overview

This property includes a fully equipped, turnkey restaurant along with owners’ living quarters directly above the dining space. There is also a large outdoor area intended for entertainment. In addition to the restaurant and living quarters, the building has six occupied rental apartments, providing an existing residential income component within the same property.

The offering is located just outside of Knoxville, Iowa. The package also includes a fully furnished condo in Madeira Beach, Florida, situated on the 11th floor and described as overlooking water views.

For buyers looking for a combined business and real estate setup, the restaurant operation is ready to take over with equipment already in place, while the on-site apartments are currently occupied. The seller’s provided GPI is nearly $10k, offering an additional data point for those evaluating the property as both a place of business and a rental asset. The inclusion of the furnished condo adds a separate residential asset to the overall purchase package.

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 plus owner living quarters above and six occupied rental apartments, offered with an included furnished condo.

Where is this conventional restaurant located?

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

What is the asking price?

The asking price for this property is $795,000.

What are key features of this property?

This property features: Year built 1952; Fully equipped restaurant with owners living quarters directly above; 6 occupied rental apartments