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    Centerville, IA
    Restaurants

    Centerville, IA Restaurants for Sale

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    Exline, IA Mystic, IA Cincinnati, IA Moulton, IA Moravia, IA Unionville, IA Seymour, IA Melrose, IA
    Mixed-Use Building with Restaurant Space
    Updated: Jul 23
    Mixed-Use Building with Restaurant Space

    207 N 13th Street, Centerville, IA 52544

    $99,900
    Approximately 2,000 SF of main‑level commercial space
    Approximately 800‑square‑foot upper‑level apartment
    Currently operating as a full‑service restaurant
    Restaurant items include two stoves, dining furniture, and a three‑compartment sink
    Southeast corner location at Centerville’s town square
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    Downtown Bar with Music Stage
    Updated: Aug 31
    Downtown Bar with Music Stage

    301 W State, Centerville, IA 52544

    $98,000
    1,600‑square‑foot brick building with a 45‑foot bar
    Stage for live music, pool table, televisions, and customer seating
    One‑half block from Centerville’s largest Square
    On‑street parking and proximity to local businesses
    Built in 1900 with forced‑air heat
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    Downtown Restaurant with Apartment
    Downtown Restaurant with Apartment

    207 N 13th St, Centerville, IA 52544

    $99,900
    2,800 sqft

    Well-maintained building with a fully licensed restaurant main level and an upper apartment with separate electric meter.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Absolute Net Pizza Hut
    Absolute Net Pizza Hut

    1012 N 18th St, Centerville, IA 52544

    Contact for pricing

    Single-tenant Pizza Hut offered for sale with a new lease through 2032 and periodic 5% increases.

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    Regional Retail & Medical Center
    Regional Retail & Medical Center

    1015 N 18th Street, Centerville, IA 52544

    Contact for pricing

    Regional shopping center remodeled in multiple periods, with a tenant mix including health center and dining operators.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 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.

    Conventional Restaurant With Game Room
    Conventional Restaurant With Game Room

    315 Church Street, Ottumwa, IA 52501

    $699,000

    Block construction includes a kitchen, dining area, game room, storage, restrooms, and on-site customer parking.

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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

    Constructed in 2007, the property includes 74 on-site parking spaces.

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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.

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    Restaurant Space in Prime Location
    Restaurant Space in Prime Location

    2910 N Baltimore St, Kirksville, MO 63501

    Contact for pricing
    6,000 sqft

    Restaurant space with high traffic and ample parking.

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    Centerville, IA Restaurants Market Trends and Statistics

    Explore 5 restaurants for sale in Centerville, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 2,800 square feet of properties for sale, with an estimated market value of $297,800.

    Sale prices for restaurant properties in Centerville, IA start at $98,000, averaging $99,266, 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

    Conventional restaurants 4
    Bars & Pubs 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 $99.3K

    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%

    Total CRE Inventory on Market (SF)

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