For Sale
$699,000

239 2Nd St Eldridge, IA 52748

Turnkey operation with apartment; high-profit potential.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional turnkey business opportunity presents a thriving restaurant and bar located at 239 N 2nd Street in Eldridge, Iowa, 52748. The property, listed at $699,000, includes a well-maintained building encompassing a popular bar and restaurant, along with a sizable 1,536 square foot apartment on the upper level. The business, established in 2014, boasts a complete renovation with top-of-the-line equipment. Key features include a large keg cooler, walk-in cooler, and walk-in freezer, ensuring efficient operations. Recent upgrades include a dishwasher and ice machine (approximately two years old). The sale includes all furniture, fixtures, and equipment (FF&E), excluding the oil system, bulk CO2, jukebox, and ATM. Convenient cellar doors facilitate deliveries, while a large back patio features a building with a service window for outdoor service. The upstairs apartment, recently vacant, commands a monthly rental income of $900. This prime location in the heart of Eldridge attracts both local patrons and visitors, establishing a strong foundation for continued success. This is a truly remarkable opportunity for an ambitious entrepreneur seeking a profitable and established business. The property is situated on commercial land and is a must-see for serious buyers.

Highlights

  • $699,000 asking price.
  • Eldridge, IA commercial land.
  • Includes a 1,536 sq ft apartment renting for $900/month.
  • Turnkey restaurant and bar with all FF&E included.
  • Established business with significant equipment included.

Property Details for 239 2Nd St

Property type
Land
Buildings
1

Location Insight

City
Eldridge
County
Scott
State
Iowa
Latitude
41.657161
Longitude
-90.5842553

FAQs

What type of property is this?
Land - Turnkey operation with apartment; high-profit potential.
Where is the land located?
The property is located at 239 2Nd St Eldridge, IA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: $699,000 asking price.; Eldridge, IA commercial land.; Includes a 1,536 sq ft apartment renting for $900/month.
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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239 2Nd St
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