2759 Mount Pleasant StBurlington, IA 52601

For Sale
$2,900,000

Iconic Restaurant, 4.29 Acres, $2.9M

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional 4.29-acre property, located at 2759 Mt. Pleasant St in Burlington, Iowa (zip code 52601), presents a unique investment opportunity. The property, a former Howard Johnson's restaurant, boasts a prime location just off Highway 61, offering convenient access and high visibility. Its proximity to the Catfish Bend Casino and the Mississippi River ensures significant foot traffic and potential for a thriving business. The two-story building, constructed in 1969, features ample parking with 164 spaces. While the previous use was a 154-room hotel with 98 operational rooms at the time of closure, the property is currently being offered as a restaurant opportunity. The substantial lot size provides significant expansion potential or the possibility of developing complementary businesses. The asking price for this remarkable property is $2,900,000. This is a rare chance to acquire a well-situated, sizeable property with significant historical significance and redevelopment potential in a desirable location. The property's unique history and ample space offer a blank canvas for a creative entrepreneur to establish a successful and memorable establishment. The existing infrastructure provides a solid foundation for a variety of restaurant concepts.

Highlights

  • 4.29-acre lot at 2759 Mt. Pleasant St, Burlington, IA 52601.
  • Prime Highway 61 location with high visibility near Catfish Bend Casino and Mississippi River.
  • Two-story, 1969-built building with 164 parking spaces; previously a 154-room hotel (98 rooms operational at closure), now offered as a restaurant opportunity.
  • $2,900,000 asking price.
  • Significant redevelopment potential due to size and location.

Property Details for 2759 Mount Pleasant St

Property type
Other retail properties, Restaurants
Year Built
1969
Stories
2
Lot Size (sq. ft)
186,872 SF

Location Insight

City
Burlington
County
Des Moines
State
Iowa
Latitude
40.8249922
Longitude
-91.1399498
2759 Mount Pleasant St, Burlington, Iowa

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2759 Mount Pleasant St
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