For Sale
$285,000

1826 1St St Independence, IA 50644

Turnkey Restaurant & Bar, 3794 SF

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional mixed-use property in Independence, IA presents a lucrative investment opportunity. Located at 1826 1st St W, this well-established, turnkey restaurant and bar boasts 3,794 square feet across a two-story building on a 0.447-acre lot (APN: 0633376005). Built in 1910, the building features vinyl siding, a combination of asphalt shingles and newer steel roofing (replaced 2-3 years ago), and ample parking in a tiled lot. The interior includes a 60-seat restaurant and a separate bar, each with its own recently updated (4-5 years old) HVAC systems, including new water heaters. Separate utilities for the restaurant, bar, and a potential apartment offer flexibility for various operational models. The property is zoned C-2, allowing for a range of commercial uses. This sale includes the real estate, all equipment, and fixtures, making it an ideal opportunity for immediate operation. The property's strong location and established clientele make it a highly desirable investment.

Highlights

  • Turnkey restaurant and bar in Independence, IA, offering a lucrative investment opportunity.
  • 3,794 sq ft, two-story building on a 0.447-acre lot (APN: 0633376005) at 1826 1st St W.
  • Features recently updated HVAC systems and water heaters (4-5 years old), ample parking, and separate utilities for restaurant, bar, and potential apartment.
  • Includes all equipment and fixtures; zoned C-2 for flexible commercial use.
  • Established clientele and strong location in a well-maintained building with recent roof improvements.

Property Details for 1826 1St St

Property type
Retail properties, Restaurants
Square Feet
3,794 SF
Year Built
1910
Buildings
1
Stories
2
Lot Size (sq. ft)
19,471 SF

Location Insight

City
Independence
County
Buchanan
State
Iowa
Latitude
42.468864615349
Longitude
-91.918483940308

FAQs

What type of property is this?
Retail property - Turnkey Restaurant & Bar, 3794 SF
Where is the retail property located?
The property is located at 1826 1St St Independence, IA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Turnkey restaurant and bar in Independence, IA, offering a lucrative investment opportunity.; 3,794 sq ft, two-story building on a 0.447-acre lot (APN: 0633376005) at 1826 1st St W.; Features recently updated HVAC systems and water heaters (4-5 years old), ample parking, and separate utilities for restaurant, bar, and potential apartment.
How can I contact the broker?
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1826 1St St
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