Description

Great Investment opportunity popular bar and grill with so much potential to expand. Only open 3 days right now. Very attractive atmosphere. Simple menu that is very popular locally. Security System with camera’s audio, panic mode, and video surveillance. Bourbon is a large part of the specialty drink menu. Seating inside for 33 but occupancy of up to 50. Small patio table setup outside for when open. List of Fixtures, furniture and equipment that is included provided upon request. Non disclosure required for income disclosures. Besides the business, upstairs is a fantastic one bedroom apartment for the business owner or lease for additional income. There is a small deck to the back side of the apartment. Entire upstairs and downstairs have been completely stripped down to the studs, new electrical, plumbing, sewer and water line connections to the city. Several options for fiber optic internet/cable are available. The Alley side of the building has a full size mural by a local artist depicting the City of Tipton and The history of the business. Alley will be newly paved by the City of Tipton in April 2024.

Listing ID #202401635

Commercial For Sale

116 W 5th St, Tipton, Iowa 52772

$225,000
Beds0
Square Feet0
Construction Year1950
Lot Size0.02
Country : US
State : IA
County : Cedar
City : Tipton
Zipcode : 52772
Baths0
Status CategoryActive
Agent info
Jeffrey Wallick
Cornerstone Real Estate Consultants
Mortgage Calculator
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Features
202401635
Commercial
0 Sqft
1950
Tipton
Tipton
Tipton
Cash Conventional
Negotiable At Closing
See Remarks Call Agent Only
Hwy 38 (Cedar St) into Tipton. Turn West at the stop light on W 5th Street. Business and Building on the Right
Additional Details
0.02 Sqft
Zoned Central A/c
Forced Air Gas
Other
2024-03-22 21:10:18
22.5 x 35

Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.

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