Independence, IA
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    Independence, IA Restaurants for Sale

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    Quasqueton, IA Jesup, IA Fairbank, IA
    Prime Commercial Property on 1st Street
    $225,000
    2,820 SF
    Prime Commercial Property on 1st Street

    1640 1st Street W, Independence, IA 50644

    2820 SF commercial building with ample parking near Highway 20.
    • Prime commercial real estate location on highly traveled 1st Street West with excellent visibility.
    • Zoned C‑2, allowing for a wide range of commercial uses.
    • Two large concrete parking lots, each measuring 12,200 square feet.
    • Spacious and inviting 2820 square foot interior.
    • Located 1.5 miles from Highway 20.
    Updated: Mar 24
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    Prime Commercial Building For Sale
    $225,000
    2,820 SF
    Prime Commercial Building For Sale

    1640 1st St W, Independence, IA 50644

    2820 SF commercial building near Highway 20.
    • Prime commercial real estate location on highly traveled 1st Street West with excellent visibility and easy access.
    • Zoned C‑2, allowing for a wide range of commercial uses.
    • Two large concrete parking lots, each measuring 12,200 square feet, providing ample parking.
    • Located 1.5 miles from Highway 20.
    • Spacious and inviting interior with 2820 square feet.
    Updated: Mar 24
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    Turnkey Restaurant and Bar Opportunity
    $285,000
    3,794 SF
    Turnkey Restaurant and Bar Opportunity

    Well-established restaurant and bar with real estate, equipment included.

    1826 1st St. West, Independence, IA 50644

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Independence, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    Turn-Key BBQ Restaurant Opportunity
    $260,000
    4.52 Acres
    Turn-Key BBQ Restaurant Opportunity

    Established BBQ restaurant with loyal customer base in high-traffic area.

    6607 University Ave, Cedar Falls, IA 50613

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    Waterloo Bar/Restaurant Opportunity
    Contact for pricing
    0.18 Acres
    Waterloo Bar/Restaurant Opportunity

    Bar/Restaurant property for sale in Waterloo, Iowa.

    328 Elm Street, Waterloo, IA 50703

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    Downtown Waterloo Bar/Entertainment Space
    $192,000
    1,797 SF
    Downtown Waterloo Bar/Entertainment Space

    High-visibility bar and entertainment space in revitalized downtown Waterloo.

    303 W 4th St, Waterloo, IA 50701

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    Main Street Retail/Restaurant Opportunity
    Contact for pricing
    3,772 SF
    Main Street Retail/Restaurant Opportunity

    Retail or restaurant space with high foot traffic and visibility.

    421 Main St, Cedar Falls, IA 50613

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    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.

    Golf Course Frontage Lot
    $60,000
    1.09 Acres
    Golf Course Frontage Lot

    1.09 acre lot in River Ridge Development, Independence, Iowa.

    1711-12 Golf Course Boulevard, Independence, IA 50644

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    Prime Commercial Land Opportunity
    $42,500
    0.84 Acres
    Prime Commercial Land Opportunity

    0.84 acre commercial land with excellent highway access.

    Swan Lake Blvd., Independence, IA 50644

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    Prime Commercial Land Opportunity
    $42,500
    0.84 Acres
    Prime Commercial Land Opportunity

    0.84 acre commercial land with excellent highway exposure.

    Swan Lake Blvd., Independence, IA 50644

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    Commercial Land in Growing Corridor
    $395,000
    2.26 Acres
    Commercial Land in Growing Corridor

    2.26-acre commercial lot in high-traffic area with utilities in place.

    3230 N Center Point Road lot: 3, Robins, IA 52328

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    Independence, IA Restaurants Investment Opportunities Market Analysis

    Explore 3 restaurants for sale in Independence, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,434 square feet of properties for sale, with an estimated market value of $735,000.

    Sale prices for restaurant properties in Independence, IA start at $225,000, averaging $245,000, and reaching up to $285,000 — 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 8,475
    Population Growth (5Y) -4.2%
    Median Household Income $79,861
    College Educated 32.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    50644 $245K

    Taxes & Financing

    Tax Rate (average for all types) 2.41%
    Property Tax per SF $22.18 per SF
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Buchanan County

    New Delisted

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