239 2Nd StEldridge, IA 52748

For Sale
$699,000

Turnkey operation with apartment; high-profit potential.

Overview

Added:
Dec 11, 2024
Days on market:
91
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
Other land, Land
Buildings
1

Location Insight

City
Eldridge
County
Scott
State
Iowa
Latitude
41.657161
Longitude
-90.5842553
239 2Nd St, Eldridge, Iowa

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239 2Nd St
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