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112 1St St Charlotte, IA 52731

For Sale
$197,000

Bar & Grill, .48 Acre Lot, High Traffic

Property size:
2,520 SF

Description

Added:
Feb 3, 2025
Days on Market:
309
This exceptional commercial property, located at 112 1st Street in Charlotte, Iowa, presents a unique investment opportunity. The 2,520 square foot building currently operates as a bar and grill, benefiting from a high volume of daily traffic, approximately 700 vehicles per day. Situated on a gently sloping 0.48-acre lot, the property boasts a pleasant green space with a shady area overlooking the building and an outdoor stage, offering significant potential for expansion or outdoor events. The sale includes most of the furniture, fixtures, and equipment (FF&E), with a detailed list available upon request. A convenient 10 x 12 storage shed is also included. The property's zoning is flexible, and the city's welcoming approach to development makes it suitable for a variety of uses beyond its current configuration. Potential alternative uses could include a convenience store, cafГ©, or even residential conversion, subject to necessary approvals. The asking price of $197,000 is below prior appraisals and assessments, representing a compelling value proposition for discerning investors.

Property Features for 112 1St St

General Information

Property type
Other commercial real estate
Square Feet
2,520 SF
Lot Size
20,909 SF

Building Details

Year Built
2016

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Wholesale Shop Bar & Pub Discount Store Electrical Service Pawn Shop Italian Restaurant Butcher Parking Facility

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Charlotte
County
Clinton
State
Iowa
Longitude
-90.47247
Latitude
41.96068

FAQs

What type of property is this?
Commercial real estate - Bar & Grill, .48 Acre Lot, High Traffic
Where is this commercial real estate located?
The property is located at 112 1St St Charlotte, IA.
What is the asking price?
The asking price for this property is $197,000.
More about this property
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