1412 A StFort Dodge, IA 50501

Property Details for 1412 A St

Year built

1971

Construction

STEEL FRAME

Lot size

1.08 AC

Property size (Sq ft)

5,183 SF

Property type

Turn key restaurants

APN

625477026

APU

625477026

Description

This exceptional turnkey restaurant opportunity in Fort Dodge, Iowa, is priced at $995,000. The 5,183 square foot property sits on a 1.08-acre lot and includes a 1,500 square foot storage building. The restaurant, established in 1971, boasts a well-known reputation for its homemade food and features a drive-thru for added convenience. A key asset is the inclusion of a Dairy Queen ice cream franchise. The property also benefits from its own on-site bakery, adding to its operational versatility and revenue streams. The location is highly desirable, situated near Iowa Central Community College, McDonald's, and several motels, ensuring high visibility and consistent customer traffic. The property is zoned for commercial use, offering flexibility for future expansion or adaptation. This is a rare chance to acquire a long-standing, profitable business with significant potential for growth in a prime location. The property's size and included storage building provide ample space for operations and inventory. This is a complete package ready for a new owner to step in and continue the legacy of success. All aspects of the business are included in the sale.

• CAP approach

  CAP return

  Valuation

  6%

  $1,100,638

  6.5%

  $1,015,973

  7%

  $943,404

• Comparable approach

  Method

  Valuation

  Relative Method

  $666,642

  Geo Method

  $666,642

• Alternative Use

  Use

  Valuation

  Residential

  $857,012

  Hospitality

  $785,018

  Educational

  $653,126

  Medical

  $675,588

  Retail

  $1,015,973

Location Insight

City

Fort Dodge

County

Webster

State

Iowa

Latitude

42.4876

Longitude

-94.2082

CBSA code

22700

CBSA name

FORT DODGE, IA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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