For Sale
$179,000

1011 Broadway St Red Oak, IA 51566

Established eatery, high traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
131
This well-established restaurant, China Gate Express, presents a unique investment opportunity in Red Oak, Iowa. Located at 1011 N Broadway St, this 1,495 square foot property sits on a substantial 25,200 square foot lot. Built in 1961, the single-story building offers a single unit, ideal for immediate operation. The asking price is $179,000, translating to a price per square foot of $119.73. The restaurant benefits from its prominent position on a busy main street, ensuring high visibility and foot traffic. This turnkey operation is ready for a new owner to step in and continue its success. The property's size and location make it suitable for a variety of culinary ventures, offering significant potential for growth and return on investment. The property's single-building, single-unit structure simplifies management and operation. This is a rare chance to acquire a thriving business in a desirable location. Serious inquiries are encouraged to explore this exceptional opportunity.

Property Details for 1011 Broadway St

Property type
Retail properties, Restaurants
Square Feet
1,495 SF
Year Built
1961
Buildings
1
Stories
1
Units
1

Location Insight

City
Red Oak
County
Montgomery
State
Iowa
Latitude
41.0136986
Longitude
-95.2330707

FAQs

What type of property is this?
Retail property - Established eatery, high traffic location.
Where is the retail property located?
The property is located at 1011 Broadway St Red Oak, IA.
What is the asking price?
The asking price for this property is $179,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1011 Broadway St
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