Garrison House Restaurant
For Sale
$450,000
104 N 16th St, Clarinda, IA 51632
Established restaurant operation with integrated lodging, retail, catering, and beverage components at a 4,820-square-foot property.
Property Size4,820 SF
Price / SF$93.36
Days on Market13
Property Features for 104 N 16th St
General Information
Standard status
Active
Size
4,820 SF
Property subtype
Residential Income
Financials
Asking Price
$450,000
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$1,401
Listing Agency:
Thomas Realty
Listed By:
Charles Thomas · License #IOB4146700
(712) 542-6325
Source:
Exprealty
Added: Sep 10
Changed: Sep 21
Last Checked: Sep 21 at 2:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Thomas Realty
Investment Insights
Based on property information with market context.
Garrison House is a 4,820-square-foot restaurant property at 104 N 16th St in Clarinda, Iowa. The operation combines food service with beverage, retail, and catering components, along with lodging activity through a bed-and-breakfast and Airbnb offering.
The property is presented through two acquisition structures. One allows a buyer to acquire the restaurant business while leasing the building from the seller. The other combines the restaurant business, real estate, and lodging operation under one ownership structure. The integrated setup brings restaurant and lodging uses together within the same property.
The property is presented through two acquisition structures. One allows a buyer to acquire the restaurant business while leasing the building from the seller. The other combines the restaurant business, real estate, and lodging operation under one ownership structure. The integrated setup brings restaurant and lodging uses together within the same property.
Key Highlights
- 4,820‑square‑foot restaurant property
- Includes restaurant, lodging, retail, beverage, and catering operations
- Bed‑and‑breakfast and Airbnb lodging components
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
392
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 51632, IA
7,024
Population
2,818
Households
2.5
Avg Household Size
42
Median Age
18%
College-Educated
92%
High-School Grad
211.2 sq mi
ZIP Area
33
Density / Sq Mi
$54,758
Median Household Income
$39,710
Median Earnings
$664
Median Rent
$135,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established restaurant operation with integrated lodging, retail, catering, and beverage components at a 4,820-square-foot property.
Where is this conventional restaurant located?
The property is located at 104 N 16th St Clarinda, IA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 4,820‑square‑foot restaurant property; Includes restaurant, lodging, retail, beverage, and catering operations; Bed‑and‑breakfast and Airbnb lodging components
