Restaurants

Centerville, IA Restaurants for Sale

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Mystic, IA Exline, IA Moulton, IA Moravia, IA Unionville, IA Seymour, IA Albia, IA Melrose, IA
Downtown Mixed-Use Building
Updated: Jul 23
Downtown Mixed-Use Building

207 N 13th Street, Centerville, IA 52544

$99,900
Approximately 2,000 square feet of main‑level commercial space
Approximately 800 square feet of upper‑level apartment space
Currently configured as a fully licensed, full‑service restaurant
Restaurant fixtures include two stoves, a three‑compartment sink, tables, and chairs
Upper apartment has a separate electric meter and new front windows
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Brick Bar and Lounge
Updated: Aug 31
Brick Bar and Lounge

301 W State, Centerville, IA 52544

$90,000
1,600 sq. ft. building with a 45‑foot bar
Stage, pool table, televisions, and seating included
Brick construction; built in 1900
Business/Commercial zoning
One‑half block from Centerville’s largest square
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Centerville, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Restaurant Building with Game Room
Restaurant Building with Game Room

315 Church Street, Ottumwa, IA 52501

$699,000

Block construction with a fully equipped kitchen, dining area, storage, and customer restrooms.

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Prime Retail Outlots on Baltimore
Prime Retail Outlots on Baltimore

2216-2302 S Baltimore St, Kirksville, MO

Contact for pricing
31,875 sqft 11.86 AC lot

Two drive-thru approved outlots available on Baltimore Street.

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Restaurant Building with Parking
Restaurant Building with Parking

2910 N Baltimore Street, Kirksville, MO 63501

$849,000
6,000 sqft 0.90 AC lot

Restaurant property near established retail anchors and city ball fields, with on-site parking.

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Conventional Restaurant with Game Room
Conventional Restaurant with Game Room

315 Church Street, Ottumwa, IA 52501

Contact for pricing

Commercial property includes a fully equipped kitchen, dining area, storage, and customer restrooms.

View details

Centerville, IA Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Centerville, IA on our real estate platform.

Sale prices for restaurant properties in Centerville, IA start at $90,000, averaging $94,950, and reaching up to $99,900 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 1
Conventional restaurants 1

Demographics Overview

Population 8,110
Population Growth (5Y) +10.1%
Median Household Income $45,257
College Educated 23.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
52544 $95K

Taxes & Financing

Tax Rate (average for all types) 2.97%
Property Tax per SF $41.17 per SF
Tax Rate vs County Average 0.31 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Appanoose County

New Delisted

Total CRE Inventory on Market (SF)

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