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Lake City, IA Restaurants for Sale

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Established Restaurant and Bar Fixture
$110,000

Established Restaurant and Bar Fixture

116 N Illinois St, Lake City, IA 51449

Popular restaurant and bar in Lake City, Iowa for sale.

  • Established restaurant location with a 40‑year history as a community gathering spot.
  • Includes all restaurant trade fixtures, allowing for immediate operation.
  • Building loaded with character.
  • Located in Lake City.
  • Features brick and metal siding construction.
Last Update: Nov 14
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Restored Carnegie Library Retail Space
$115,000

Restored Carnegie Library Retail Space

120 N Illinois St, Lake City, IA 51449

Historic Carnegie Library reimagined as a vibrant commercial space.

  • Unique, historically significant Carnegie Library building, originally constructed in 1900.
  • Prime location on Lake City's charming downtown square.
  • Extensive renovations completed in 2016 and updated in 2024.
  • Versatile space adaptable for retail, office, dining, or event purposes.
  • Proven track record as a successful restaurant and bar (Carnegie Cafe).
Last Update: Jun 17
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Lake City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

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

Profitable Restaurant & Bar For Sale
$1,150,000
7,440 SF

Profitable Restaurant & Bar For Sale

Well-known restaurant and bar on 2.5 acres in Carroll, IA.
1215 Plaza Dr, Carroll, IA 51401
View details
Winery, Distillery, and Event Venue
$1,200,000
0.50 Acres

Winery, Distillery, and Event Venue

Equipped winery, distillery, event venue, and restaurant for sale.
218 W 6Th St, Carroll, IA 51401
View details
Established Bar and Grille ForSale
$285,000
5,000 SF

Established Bar and Grille ForSale

Thriving bar and grille in Manson, Iowa, a turnkey business.
1004 Main St, Manson, IA 50563
View details
Prime Manson Restaurant for Sale
$285,000
5,000 SF

Prime Manson Restaurant for Sale

Turnkey Bar & Grill, High Occupancy
1004 Main St, Manson, IA 50563
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Explore Off-Market Properties in Lake City, IA

Consider similar Off-Market properties in Lake City, 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.

116 Illinois St

116 Illinois St

NIGHTCLUB (COCKTAIL LOUNGE) • 2,552 SF
Value Estimation
$225,000
116 Illinois St, Lake City, IA 51449-1707
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808 Main St

808 Main St

RESTAURANT • 2,828 SF
Value Estimation
$205,000
808 Main St, Lake City, IA 51449-1529
View details

Lake City, IA Restaurants Investment Opportunities Market Analysis

Explore 4 restaurants for sale in Lake City, IA on our real estate platform. These investment opportunities span a total of 15,028 square feet of properties for sale, with an estimated market value of $535,000.

Prices for restaurant properties in Lake City, IA start at $260,000, averaging $267,500, and reaching up to $275,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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