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    Preston, IA
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    Preston, IA Restaurants for Sale

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    Hometown Restaurant For Sale
    Updated: Mar 2, 2024
    Hometown Restaurant For Sale

    41 W GILLET Street, Preston, IA 52069

    Contact for pricing
    3,800 sqft
    Established restaurant location with a long history.
    Includes a fully equipped restaurant (excluding one prep table).
    Large restaurant and bar area (approx. 2,900 sq. ft.).
    Features a 900 sq. ft. banquet hall for events.
    Includes essential storage with a walk‑in freezer and cooler.
    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 14 Potential Opportunities for your consideration. Besides 1 Active listings in Preston, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, 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.

    Citgo Gas Station
    Citgo Gas Station

    Mt Carroll, IL 61053

    $1,500,000
    4.45 AC lot

    Operating fuel station with interior Subway sales, central air, and an active fuel agreement.

    View details
    Bar and Pub with Banquet Space
    Bar and Pub with Banquet Space

    111 E Front Ave, Stockton, IL 61085

    Contact for pricing
    5,575 sqft

    Fully operational Red Knight Pub includes an attached banquet hall with a stage, bar, restrooms, and private entry.

    View details
    Gas Station Property
    Gas Station Property

    Mt Carroll, IL 61053

    $1,500,000

    For sale gas station property at 855 S Mill Street in Mt. Carroll, IL, offered in Carroll County.

    View details
    Bar and Banquet Center
    Bar and Banquet Center

    111 E Front Avenue, Stockton, IL 61085

    $339,900

    Fully operational pub with attached banquet space, gaming, and a second-floor unfinished area above the business.

    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.

    6.93 Acres in Galena, IL
    6.93 Acres in Galena, IL

    US HWY 20 W lot: 1, Galena, IL 61036

    $1,132,000
    6.93 AC lot

    6.93 acres near Gateway Park with city utilities.

    View details
    Commercial Land with Highway Access
    Commercial Land with Highway Access

    S HWY 61 151, Dubuque, IA 52003

    $705,380
    10.00 AC lot

    Ten-acre commercial land near a major highway interchange with frontage road access and utility availability.

    View details
    Commercial Lot in South Pointe
    Commercial Lot in South Pointe

    S Pointe lot: 2, Dubuque, IA 52003

    $278,000
    1.39 AC lot

    1.39 acre commercial lot with high visibility.

    View details
    Planned Commercial Land
    Planned Commercial Land

    Jones Street, Dubuque, IA 52001

    $1,617,653
    2.08 AC lot

    Level-to-rolling commercial land with PC Planned Commercial zoning and cable availability.

    View details

    Off-Market Properties in Preston, IA

    Consider similar Off-Market properties in Preston, 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.

    32 Gillet St
    BAR, TAVERN

    32 Gillet St, Preston, IA 52069-7709

    Value Estimation by Request
    2,800 sqft 0.06 AC lot
    View details
    562 White St
    RESTAURANT

    562 White St, Preston, IA 52069-9357

    Value Estimation by Request
    6,384 sqft 1.08 AC lot
    View details
    102 Gillet St
    RESTAURANT

    102 Gillet St, Preston, IA 52069-9744

    Value Estimation by Request
    5,880 sqft 0.06 AC lot
    View details
    561 White St
    RESTAURANT

    561 White St, Preston, IA 52069-9357

    Value Estimation by Request
    7,758 sqft 8.84 AC lot
    View details
    41 Gillet St
    RESTAURANT

    41 Gillet St, Preston, IA 52069-7709

    Value Estimation by Request
    7,120 sqft 0.28 AC lot
    View details

    Preston, IA Restaurants Market Trends and Statistics

    Explore 6 restaurants for sale in Preston, IA on our real estate platform. These investment opportunities span a total of 3,800 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    Demographics Overview

    Population 1,605
    Population Growth (5Y) +7.4%
    Median Household Income $79,000
    College Educated 21.1%

    Taxes & Financing

    Tax Rate (average for all types) 2.22%
    Property Tax per SF $42.58 per SF
    Tax Rate vs County Average 0.10 pp below county avg
    Average Loan-to-Value 65.0%

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