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    Knoxville, IA
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    Knoxville, IA Restaurants for Sale

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    Bussey, IA Pella, IA Leighton, IA Columbia, IA Melcher Dallas, IA Otley, IA Pleasantville, IA Chariton, IA
    Renovated Restaurant Property
    Updated: Jul 22, 2025
    Renovated Restaurant Property

    111 E Robinson Street, Knoxville, IA 50138

    $399,000
    0.12 AC lot
    Interior and exterior renovation completed in 2016
    Building, land, fixtures, equipment, and inventory included
    0.12‑acre restaurant property
    C‑4 zoning
    111 E Robinson Street, Knoxville, IA 50138
    View details
    Turnkey Restaurant with Rental Apartments
    Updated: Jun 18
    Turnkey Restaurant with Rental Apartments

    3906 E Main St, Knoxville, IA 50138

    Contact for pricing
    4,224 sqft
    Year built 1952
    Fully equipped restaurant with owners living quarters directly above
    6 occupied rental apartments
    Large outdoor space for entertainment
    Includes a furnished condo in Madeira Beach, Florida on the 11th floor with water views
    View details
    Turn-Key Restaurant and Deli
    Turn-Key Restaurant and Deli

    111 E Robinson St, Knoxville, IA 50138

    $399,000

    Well-established, turn-key restaurant/deli operation with building, fixtures, equipment, and inventory included.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 40 Potential Opportunities for your consideration. Besides 3 Active listings in Knoxville, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 32 Off-Market properties to explore as potential leads, plus 1 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.

    Absolute NNN Leased Pizza Restaurant
    Absolute NNN Leased Pizza Restaurant

    1500 W 18th St S, Newton, IA 50208

    $2,145,000
    52,272 sqft

    A fully stabilized Absolute NNN lease with Pizza Ranch provides long-term, tenant-paid operating expenses.

    View details
    Retail Space on Double Lot
    Retail Space on Double Lot

    503 & 507 S Main St, New Sharon, IA 50207

    $185,000
    480 sqft

    2018 retail space with a double-lot configuration and commercial zoning.

    View details
    Double-Lot Restaurant Property
    Double-Lot Restaurant Property

    503 & 507 S Main Street, New Sharon, IA 50207

    $185,000
    0.47 AC lot

    Built in 2018 with public water and sewer service.

    View details
    Sports Bar and Grill with Golf Bays
    Sports Bar and Grill with Golf Bays

    6232 Highway S74 S, Newton, IA 50208

    $763,000
    13.41 AC lot

    Commercially zoned property includes a large kitchen, event hall, and on-site golf amenities.

    View details

    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.

    General Commercial Development Land
    General Commercial Development Land

    Parcel #1014300003, Oskaloosa, IA 52577

    $3,800,000
    21.53 AC lot

    General Commercial zoning supports varied development options near a major highway interchange and route intersection.

    View details

    Off-Market Properties in Knoxville, IA

    Consider similar Off-Market properties in Knoxville, 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.

    1201 Larson St
    RESTAURANT

    1201 Larson St, Knoxville, IA 50138-3435

    Estimated value:
    $60,000
    4,106 sqft 0.76 AC lot
    View details
    124 2nd St
    RESTAURANT

    124 2nd St, Knoxville, IA 50138-2513

    Estimated value:
    $540,000
    19,800 sqft 0.17 AC lot
    View details
    111 Main St
    BAR, TAVERN

    111 Main St, Knoxville, IA 50138-2525

    Estimated value:
    $235,000
    3,520 sqft 0.06 AC lot
    View details
    1107 Larson St
    RESTAURANT

    1107 Larson St, Knoxville, IA 50138-3433

    Estimated value:
    $355,000
    2,622 sqft 0.65 AC lot
    View details
    1321 Lincoln St
    RESTAURANT

    1321 Lincoln St, Knoxville, IA 50138-3148

    Estimated value:
    $55,000
    1,990 sqft 0.64 AC lot
    View details
    1265 Hayes Dr
    RESTAURANT

    1265 Hayes Dr, Knoxville, IA 50138-8877

    Estimated value:
    $240,000
    5,778 sqft 3.00 AC lot
    View details
    3906 Main St
    BAR, TAVERN

    3906 Main St, Knoxville, IA 50138-8817

    Estimated value:
    $265,000
    5,504 sqft 2.55 AC lot
    View details
    302 Robinson St
    BAR, TAVERN

    302 Robinson St, Knoxville, IA 50138

    Estimated value:
    $175,000
    2,011 sqft 0.03 AC lot
    View details
    304 Robinson St
    BAR, TAVERN

    304 Robinson St, Knoxville, IA 50138-2201

    Estimated value:
    $155,000
    969 sqft 0.02 AC lot
    View details
    211 3rd St
    BAR, TAVERN

    211 3rd St, Knoxville, IA 50138-2220

    Estimated value:
    $160,000
    2,184 sqft 0.07 AC lot
    View details
    116 2nd St
    RESTAURANT

    116 2nd St, Knoxville, IA 50138-2520

    Estimated value:
    $245,000
    8,100 sqft 0.17 AC lot
    View details
    119 Main St
    RESTAURANT

    119 Main St, Knoxville, IA 50138-2528

    Estimated value:
    $180,000
    1,584 sqft 0.09 AC lot
    View details
    1102 Lincoln St
    RESTAURANT

    1102 Lincoln St, Knoxville, IA 50138-1431

    Estimated value:
    $245,000
    2,153 sqft 0.31 AC lot
    View details
    1448 Lk Dr
    BAR, TAVERN

    1448 Lk Dr, Knoxville, IA 50138-8887

    Estimated value:
    $235,000
    1,500 sqft 0.57 AC lot
    View details
    713 Lincoln St
    BAR, TAVERN

    713 Lincoln St, Knoxville, IA 50138-1427

    Estimated value:
    $260,000
    3,779 sqft 0.26 AC lot
    View details
    314 Robinson St
    BAR, TAVERN

    314 Robinson St, Knoxville, IA 50138-2201

    Estimated value:
    $180,000
    2,400 sqft 0.06 AC lot
    View details
    625 Pleasant St
    RESTAURANT

    625 Pleasant St, Knoxville, IA 50138-2737

    Estimated value:
    $180,000
    2,346 sqft 0.04 AC lot
    View details
    1002 Pleasant St
    RESTAURANT

    1002 Pleasant St, Knoxville, IA 50138-2744

    Estimated value:
    $245,000
    2,513 sqft 0.42 AC lot
    View details
    1103 Pleasant St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1103 Pleasant St, Knoxville, IA 50138-3313

    Estimated value:
    $250,000
    544 sqft
    View details
    110 Main St
    RESTAURANT

    110 Main St, Knoxville, IA 50138-2524

    Estimated value:
    $260,000
    5,600 sqft 0.14 AC lot
    View details
    223 Main St
    RESTAURANT

    223 Main St, Knoxville, IA 50138

    Estimated value:
    $205,000
    3,600 sqft 0.05 AC lot
    View details

    Knoxville, IA Restaurants Market Trends and Statistics

    Explore 35 restaurants for sale in Knoxville, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,224 square feet of properties for sale, with an estimated market value of $798,000.

    Sale prices for restaurant properties in Knoxville, IA average $399,000 — 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

    Conventional restaurants 4

    Demographics Overview

    Population 11K
    Population Growth (5Y) -3.1%
    Median Household Income $76,887
    College Educated 35.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    50138 $399K

    Taxes & Financing

    Tax Rate (average for all types) 2.81%
    Property Tax per SF $35.97 per SF
    Tax Rate vs County Average 0.25 pp above county avg
    Average Loan-to-Value 65.0%

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