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Ajruloski 1826 1st Street West, Independence, IA 50644
Property Description
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.
Area Description
Located in the thriving community of Independence, Iowa, the county seat of Buchanan County, with a population of approximately 6200. The property sits on a prime corner lot just 1 miles from Highway 20 and close to local schools and hotels.
Highlights
- Turnkey restaurant/bar/apartment
- Includes real estate and equipment
- 3,794 above-grade square feet
- Prime location
Full Address: 1826 1st Street West, Independence, IA 50644
Listing Type: FOR SALE
Status: Active
Occupancy Rate: 100
Zoning: C-2
Region: M-WN
County: Buchanan County
Closest Cross Streets: 19th Ave. N.W.
Use Type: Restaurant/Bar
Property ID: 4053191
Has Sewer: Yes
Has Water: Yes
Has Electric: Yes
Has Waste: Yes
Heating: Yes
Cooling: Yes
Has Gas: Yes
Traffic Count: 5400/day VPD
Roof: Shingles/Steel
Building Sf: 3794
Parcel Num: 0633376005
Number Buildings: 1
Year Built: 1910
Free Standing: Yes
Tenancy Type: Multi-Tenant