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Preston, IA Retail Space 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.
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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 16 Potential Opportunities for your consideration. Besides 1 Active listings in Preston, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 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.

Retail and Office Building
Retail and Office Building

115 S Olive Street, Maquoketa, IA 52060

$399,000

Commercial building with forced-air heat, central air, and public water and sewer service.

View details
Flexible Commercial Building
Flexible Commercial Building

110 S Jones Avenue, Maquoketa, IA 52060

$150,000

Versatile commercial building at 110 S Jones Avenue with a flexible layout suited to multiple business uses.

View details
Tenanted Retail Storefront
Tenanted Retail Storefront

2323 N 2ND Street, Clinton, IA 52732

$59,000

Retail storefront with an existing tenant on the main floor, leased through spring 2029.

View details
Prime Commercial Property on Highway
Prime Commercial Property on Highway

1105 N 2nd Street, Clinton, IA 52732

Contact for pricing
14,400 sqft

14,400 SF commercial property on high-traffic Highway 67.

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.

PUD-Zoned Commercial Land with Frontage
PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000
2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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.

401 White St
RETAIL STORES (PERSONAL SERVICES)

401 White St, Preston, IA 52069-9372

Value Estimation by Request
9,283 sqft 1.53 AC lot
View details
202 Manufacturing Dr
RETAIL STORES (PERSONAL SERVICES)

202 Manufacturing Dr, Preston, IA 52069-9735

Value Estimation by Request
7,332 sqft 1.78 AC lot
View details
4 Stephens St
RETAIL STORES (PERSONAL SERVICES)

4 Stephens St, Preston, IA 52069-7742

Value Estimation by Request
1,484 sqft 0.03 AC lot
View details
402 White St
RETAIL STORES (PERSONAL SERVICES)

402 White St, Preston, IA 52069-9377

Value Estimation by Request
1,680 sqft 1.50 AC lot
View details
104 Mitchell St
RETAIL STORES (PERSONAL SERVICES)

104 Mitchell St, Preston, IA 52069-7728

Value Estimation by Request
235 sqft 0.19 AC lot
View details
124 Main St
RETAIL STORES (PERSONAL SERVICES)

124 Main St, Preston, IA 52069-9741

Value Estimation by Request
5,944 sqft 0.40 AC lot
View details
122 Gillet St
RETAIL STORES (PERSONAL SERVICES)

122 Gillet St, Preston, IA 52069-9746

Value Estimation by Request
7,236 sqft 0.08 AC lot
View details
152 Gillet St
RETAIL STORES (PERSONAL SERVICES)

152 Gillet St, Preston, IA 52069-9744

Value Estimation by Request
2,100 sqft 0.05 AC lot
View details
51 Gillet St
RETAIL STORES (PERSONAL SERVICES)

51 Gillet St, Preston, IA 52069-7709

Value Estimation by Request
5,713 sqft 0.09 AC lot
View details
121 Farley St
RETAIL STORES (PERSONAL SERVICES)

121 Farley St, Preston, IA 52069-7712

Value Estimation by Request
6,206 sqft 0.12 AC lot
View details

Preston, IA Retail Space Market Trends and Statistics

Explore 11 retail space 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

Grocery and convenience stores 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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