1707 S Federal Ave - Bar FOR SALE


Mason City, IA 50401
$175,000 USD
641-425-1233
1707 S Federal Ave, Mason City, IA for Sale
$175,000 USD
Bar - FOR SALE
1/4
null | Request Cap Rate

1707 S Federal Ave
Mason City, IA 50401


OVERVIEW

Former restaurant in highly visible location on South Federal Avenue in Mason City, IA. Owner is willing to lease at $10/SF NNN or sell. Needs just a little cleanup and the restaurant could be back and operable with 2224 SF of space with a nice basement for storage and an owner's office. Alley access for deliveries and plenty of parking with a 150 x 132 lot. Sold previously without the corner parcel, but that is now included. (2 parcels). Possible redevelopment site with good traffic on HWY 65.

FOR SALE DETAILS

PRICE

$175,000 USD

PRICE/SF

$58 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Patrick's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

Z-4

APN/PARCEL ID

07-15-153-00-200

ASK ABOUT THIS PROPERTY

Brett SchonemanSchoneman RealtorsMore Info
641-425-1233

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Brett SchonemanSchoneman RealtorsMore Info
641-425-1233

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.