1826 1st St W - Restaurant FOR SALE


Independence, IA 50644
$285,000 USD
563-920-8212
1826 1st St W, Independence, IA for Sale
$285,000 USD
Restaurant - FOR SALE
1/12
null | Request Cap Rate

1826 1st St W
Independence, IA 50644


HIGHLIGHTS

  • Turn-Key Restaurant/Bar/Apartment
  • 3794 Above-Grade Sq.Ft.
  • .447 Acre Corner Lot
  • Includes Real Estate & Equipment
  • Many Improvements

OVERVIEW

Welcome to a fantastic business opportunity—a well-established turnkey restaurant and bar that offers everything you need to start operating immediately. This sale includes the real estate, all equipment and fixtures. The restaurant seats 60 and is heated and cooled by a furnace and A/C system that’s only 4-5 years old and has a new water heater. A popular local spot, the bar has its own recently installed furnace and A/C system, ensuring a comfortable atmosphere year-round. Separate utilities for the restaurant, bar, and apartment provide flexibility for new ownership or rental arrangements. Ample parking is available with a tiled parking lot. The building is well-maintained with vinyl siding and a combination of asphalt shingles and steel roofing. The steel portion is newer, having been replaced just 2-3 years ago.

FOR SALE DETAILS

PRICE

$285,000 USD

PRICE/SF

$75 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Ajruloski

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

C-2

APN/PARCEL ID

0633376005

ASK ABOUT THIS PROPERTY

Curt MartinRe/Max Independence RealtyMore Info
563-920-8212

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Curt MartinRe/Max Independence RealtyMore Info
563-920-8212

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