114 Prairie StRussell, IA 50238

For Sale
$215,000

Thriving Market & Restaurant, Great Investment

Overview

Added:
Dec 11, 2024
Days on market:
91
This mixed-use property at 114 S Prairie Street, Russell, IA, 50238, offers a unique investment opportunity. Built in 1940, this established business includes a fully operational market and restaurant, providing a steady income stream. The sale includes all commercial-grade kitchen equipment (ovens, fryers, refrigerators, and freezers) and existing inventory, allowing for immediate returns. Recent improvements include a new roof and an updated walk-in freezer, ensuring long-term operational efficiency. The property also features a large lot, presenting potential for expansion or additional revenue streams. Located in the heart of Russell, Iowa, this turnkey operation benefits from its position as a community hub, offering both convenience and a strong customer base. The asking price is $215,000. This property presents a rare chance to acquire a profitable, established business with significant growth potential in a desirable small-town setting. The property's prime location and existing infrastructure make it an attractive investment for both seasoned entrepreneurs and those seeking a stable, income-generating asset. The combination of a well-established market and restaurant, coupled with the included inventory and recent upgrades, minimizes initial investment risk and maximizes potential for immediate profitability.

Highlights

  • Mixed-use property at 114 S Prairie Street, Russell, IA, 50238, asking $215,000.
  • Includes a fully operational market and restaurant with all commercial kitchen equipment and existing inventory.
  • Recent improvements include a new roof and updated walk-in freezer.
  • Large lot offers expansion potential.
  • Turnkey operation in a desirable small-town location.

Property Details for 114 Prairie St

Property type
Other retail properties, Other mixed-use properties
Year Built
1940

Location Insight

City
Russell
County
Lucas
State
Iowa
Latitude
40.982927329997
Longitude
-93.198178540352
114 Prairie St, Russell, Iowa

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
114 Prairie St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message