563-568-4170
Since 1960
$285,000.00
1826 1st St. West, Independence, IA 50644
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. This property offers not only a ready-to-go restaurant and bar but also the possibility of additional rental income from the upstairs apartment. Whether you're looking to live onsite or simply expand your portfolio, this property provides endless potential.
MLS ID #:
NBR20244434
Property Address:
1826 1st St. West
Independence, IA 50644
Independence, IA 50644
County:
Buchanan
Region:
Outside the Metro Area
Miles to Highway:
1
Miles to Highway:
Hwy 20
Year Built:
1910
Property Type:
Commercial Sale
Sub-Type:
Retail
Land Use:
Retail
Building Description:
Free Standing, 2 Story
Date Listed:
October 1st, 2024
Status:
Active
Price:
$285,000.00
Ownership:
Individual
Possession:
Closing
Gross Taxes:
$2,252.00
Tax Year:
2023
Tenant Responsible:
None
Finance Type:
Cash Convention
Sale/Rent:
For Sale
For Lease:
No
Terms/Lease:
Month To Month
Sale/Lease Type:
Normal Sale
For Sale:
Yes
Docs on File:
Legal Description, Aerial Photos, Traffic Counts
Zoning:
C-2
Legal Desc:
The S107' of the W182' of the following: Lot 2 in Deady's Addition to Independence, Buchanan County, Iowa, also known as the SW 1/4 of the SE1/4 of the SW1/4 of 33-89-9
Off-Street Parking:
0.00
Sprinkler:
No
Total Building Sq Ft:
3,794 sq ft
Retail SqFt:
3,794 sq ft
Lot Sq Footage:
19,474
Acres:
0.447
Frontage/Access:
Corner Lot, City Street
Roof Type:
Composition Shingle, Metal
Common Area:
No
Utilities Available:
Electricity Available, Gas, Water Available, Sewer Available, Phone Available
Sewer Type:
City Sewer
Heating:
Forced Air, Gas, Individual Unit
Cooling:
Central Air, Individual Units, Other
Flood Insurance:
No
Listing provided courtesy of RE/MAX Independence Realty.Listing Agent: Curt Martin
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Additional Photos
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