An iconic piece of Knoxville, Iowa's downtown is now available for sale! Combined, these nearly 12,000-square-foot commercial buildings, formerly home to the renowned Peace Tree Brewing Company, offers endless potential in a prime location. Rich in character and local history, the spaces are perfect for entrepreneurs looking to establish a new venture or investors seeking a solid property in a bustling area. This sale includes 2 parcels - 101 W Main & 107 W Main Street & subsequent mailing addresses. The buildings are currently laid out to accommodate a brewery, taproom, package space, offices & a multitude of storage. Downtown Knoxville has seen its share of updates in recent years with infrastructure projects, CBDG grant projects and façade grants available through the City of Knoxville. Fiber optic internet service is also available. Property is being sold as-is. With its current layout and unique charm, this building is ready to be transformed into the next downtown hotspot. Don’t miss your chance to own a piece of Knoxville’s commercial history!
Highly visible commercial building on East side of Knoxville town square ~ C-4 Zoning ~ Multiple options for your needs in open area, small upper loft at back, basement for mechanicals/storage ~ Front façade has been updated in recent years, including in 2023 ~ Covered/Screened area to rear outdoor space ~ Shared stairway to upper level with former apartments ~ Buyer due diligence to work with all City of Knoxville entities on future usage requirements ~ All information obtained from Owner and Public Records.
Investment opportunity located in the heart of Knoxville, Iowa. Current opportunity to be owner occupied! 307 E Main Street includes 3 commercial spaces and 5 apartments. The building has been extensively renovated starting in 2016 with projects including: facade updates, new walls, flooring, electric, city sewer connection, sprinklered, new plumbing and water heaters, reinforced ceiling, and new HVAC throughout. Fiber internet service is available. Come and be a part of the progress happening in downtown Knoxville. Recent and future development of the downtown area include streetscape, facade grants, signage grants, and CBDG projects. All information obtained for owner and public records.
The median home value in Knoxville, IA is $189,900. This is lower than the county median home value of $215,100. The national median home value is $338,100. The average price of homes sold in Knoxville, IA is $189,900. Approximately 57.67% of Knoxville homes are owned, compared to 33.4% rented, while 8.93% are vacant. Knoxville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Knoxville real estate agent to arrange a tour today!
Knoxville, Iowa has a population of 7,537. Knoxville is less family-centric than the surrounding county with 35.55% of the households containing married families with children. The county average for households married with children is 36.97%.
The median household income in Knoxville, Iowa is $52,125. The median household income for the surrounding county is $66,822 compared to the national median of $69,021. The median age of people living in Knoxville is 40.1 years.
The average high temperature in July is 84.8 degrees, with an average low temperature in January of 12.4 degrees. The average rainfall is approximately 36.6 inches per year, with 27.9 inches of snow per year.