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    Independence, IA Restaurants for Sale

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    Prime Commercial Building For Sale
    Updated: Mar 24
    Prime Commercial Building For Sale

    1640 1st St W, Independence, IA 50644

    Contact for pricing
    2,820 sqft
    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.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

    Corner Lot Restaurant Opportunity
    Corner Lot Restaurant Opportunity

    2 S Frederick, Oelwein, IA 50662

    $115,000
    4,141 sqft

    Restaurant space for sale with guest seating, walk-in cooler, and a salad bar setup on a downtown corner lot.

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    Vacant Bar and Storage Property
    Vacant Bar and Storage Property

    328 Elm Street, Waterloo, IA 50703

    Contact for pricing
    780 sqft

    Previously used as a bar and storage site, now vacant and sold as-is for redevelopment or operational reuse.

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    Remodeled Restaurant in Oelwein, IA
    Remodeled Restaurant in Oelwein, IA

    114 S Frederick Ave, Oelwein, IA 50662

    $179,900
    1,750 sqft 0.06 AC lot

    Remodeled restaurant with ample parking and recent improvements.

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    Waterloo Bar/Restaurant Opportunity
    Waterloo Bar/Restaurant Opportunity

    328 Elm Street, Waterloo, IA 50703

    Contact for pricing
    0.18 AC lot

    Bar/Restaurant property for sale in Waterloo, Iowa.

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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
    Golf Course Frontage Lot

    1711-12 Golf Course Boulevard, Independence, IA 50644

    $60,000
    1.09 AC lot

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

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    Swan Lake Blvd., Independence, IA 50644

    $42,500
    0.84 AC lot

    0.84 acre commercial land with excellent highway access.

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    Swan Lake Blvd., Independence, IA 50644

    $42,500
    0.84 AC lot

    0.84 acre commercial land with excellent highway exposure.

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    Hiawatha Commercial Land For Sale
    Hiawatha Commercial Land For Sale

    Tower Terrace Rd lot: 4, Hiawatha, IA 52233

    $567,151
    2.17 AC lot

    2.17 acres of commercial land near I-380 interchange.

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    Independence, IA Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Independence, IA on our real estate platform. These investment opportunities span a total of 2,820 square feet of properties for sale.

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    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%

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