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Property profile & analytics
OFF-MARKET
Turn key restaurants

104 Elm St Cresco, IA 52136-1520

4,250 SF 0.06 ac lot Built 1891
Entity Owned Free & Clear
Property ID
US25-1618943
Property summary
AI-generated overview

This exceptional 4,250 square foot retail property, situated on a 0.06-acre lot at 104 N Elm Street in Cresco, Iowa, presents a remarkable investment opportunity. Completely remodeled, this building boasts a prime location within Cresco's bustling business district, offering convenient access to Highway 9 for optimal customer reach. The main floor features a welcoming greeting area, comfortable booth and table seating, two restrooms, a horseshoe-shaped bar, and a fully equipped commercial kitchen. Upstairs, additional seating, two more restrooms, and a second full bar provide ample space for various uses. Both levels showcase beautiful hardwood floors, creating an inviting atmosphere. A full basement offers extensive storage, complemented by two walk-in coolers and additional refrigeration units. Modernization is complete with a new elevator servicing all three floors, and all electrical, HVAC, and plumbing systems have been replaced within the last year. This turnkey operation includes all commercial equipment, furniture, and supplies, minimizing start-up costs and maximizing immediate operational potential. The property's versatility allows for a wide range of business ventures, making it an exceptional opportunity for entrepreneurs seeking a thriving location and a fully equipped space. The asking price is $699,000.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1891
Total area 4,250 SF
Lot 0.06 ac (2,483 SF)
APN 321011605050000
UPID US25-1618943
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Cusb Bank
Cusb Bank
since 2026
Last sale
$125,000
3 recorded transactions
2026
Price N/A
2021
$125,000
2007
$60,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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