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Sully, IA

Office

Sully, IA Office Spaces for Sale

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Lynnville, IA Reasnor, IA Pella, IA Grinnell, IA Kellogg, IA Newton, IA New Sharon, IA Oakland Acres, IA

Turnkey Café with Apartment

Updated: Oct 13, 2025

Turnkey Café with Apartment

616 4th St, Sully, IA 50251

$395,900

2,500 sqft

Fully updated 2,500+ SF cafe/restaurant building with patio space and rear garage/parking.
Extensive upgrades completed 2023‑2025, including a new fire suppression system, updated electrical and plumbing.
New commercial kitchen equipment including fryers, ovens, refrigeration, sinks, and more.
Remodeled 2‑bedroom apartment above the cafe for owner‑occupancy or rental income.
Recent improvements include new cement, signage, gutters, locks, and flooring.

This listing looks promising.

Here's a quick look at some key insights for

616 4th St, Sully, IA

View Property Analytics

Est. Cap Rate

8.3%
Above avg (5.9%)
Est. NOI

$33K
Annual
Price @ 7% Cap

$471K
Above asking
Property Type

Restaurant
Built 1970

View Property Analytics

Updated Coffee Shop With Apartment

Updated: Oct 13, 2025

Updated Coffee Shop With Apartment

616 4th Street, Sully, IA 50251

$395,900

0.07 AC lot

2,500+ sq ft coffee shop and restaurant building
Renovations and system upgrades completed from 2023‑2025
Remodeled two‑bedroom apartment above the commercial space
Commercial kitchen with fryers, ovens, refrigeration, and sinks
Patio plus rear garage/parking area

Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 2 Active listings in Sully, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Office Building With Apartment

Office Building With Apartment

1805 S 8th Avenue E, Newton, IA 50208

$2,000,000

0.63 AC lot

Flexible commercial property with office, care, wellness, and residential-support use potential subject to zoning and approvals.

Professional Office Suite

Professional Office Suite

1101 W 16th Street, Pella, IA 50219

Contact for pricing

800 sqft

Office suite in the Sports Page Grill complex with front-of-complex parking and approximately 800 sq. ft.

Mixed-Use Live-Work Building

Mixed-Use Live-Work Building

1422 1st Ave E, Newton, IA 50208

Contact for pricing

Live-work building with apartment and one commercial tenant, plus one additional space available for lease.

Flex Industrial Building with Loading Docks

Flex Industrial Building with Loading Docks

309 South St, Pella, IA 50219

Contact for pricing

38,693 sqft

Versatile industrial building with office, warehouse, storage, and shop space, plus two loading docks and ample on-site parking.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Cleared Commercial Lot with Street Utilities

Cleared Commercial Lot with Street Utilities

1000 1st Avenue W, Newton, IA 50208

Contact for pricing

0.40 AC lot

Cleared 0.4-acre commercial lot with public water and public sewer, positioned directly on 1st Ave W.

Prime Development Land on Highway

Prime Development Land on Highway

Parcel #1014300003, Oskaloosa, IA 52577

$3,800,000

21.53 AC lot

21.53 acre commercial development parcel with high visibility.

Off-Market Properties in Sully, IA

Consider similar Off-Market properties in Sully, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

618 4th St

OFFICE BUILDING

618 4th St, Sully, IA 50251-7707

$245,000

Estimated value

1,144 sqft 0.07 AC lot

305 7th Ave

OFFICE BUILDING

305 7th Ave, Sully, IA 50251-1061

$230,000

Estimated value

2,376 sqft 0.13 AC lot

323 7th Ave

OFFICE BUILDING

323 7th Ave, Sully, IA 50251-1061

$285,000

Estimated value

1,906 sqft 0.10 AC lot

504 6th Ave

OFFICE BUILDING

504 6th Ave, Sully, IA 50251-7704

$260,000

Estimated value

4,800 sqft 0.70 AC lot

612 4th St

MEDICAL BUILDING

612 4th St, Sully, IA 50251-7707

$255,000

Estimated value

1,820 sqft 0.05 AC lot

505 1st St

OFFICE BUILDING

505 1st St, Sully, IA 50251

$225,000

Estimated value

1,280 sqft 1.00 AC lot

205 1st Ave

OFFICE BUILDING

205 1st Ave, Sully, IA 50251

$265,000

Estimated value

720 sqft 1.16 AC lot

Sully, IA Office Spaces Market Trends and Statistics

Explore 9 office spaces for sale in Sully, IA on our real estate platform. These investment opportunities span a total of 2,500 square feet of properties for sale, with an estimated market value of $791,800.

Sale prices for office spaces in Sully, IA average $395,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,481

Population Growth (5Y) +3.9%

Median Household Income $95,417

College Educated 26.4%

High-Yield Neighborhoods for Investment

Identify Sully submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
50251	$395.9K

Taxes & Financing

Tax Rate (average for all types) 1.97%

Property Tax per SF $23.93 per SF

Tax Rate vs County Average 0.84 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Jasper County

New Delisted

Total CRE Inventory on Market (SF)

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