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    316 4Th St Burlington, IA 52601

    For Sale
    $495,000

    Turnkey Italian Restaurant, 6,840 sq ft, apartment included.

    Property size:
    6,840 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional opportunity presents a long-established Italian restaurant located in the heart of downtown Burlington, Iowa. The property encompasses a substantial 6,840 square feet of commercial space, complete with all fixtures, furniture, and equipment (FF&E), making this a truly turnkey operation. The sale includes the real estate itself, offering a rare chance to acquire both the business and the building. The property sits on a 0.08-acre lot, conveniently located just half a block from City Hall. This prime location is surrounded by a thriving mix of retail and office businesses, ensuring high visibility and foot traffic. Adding to the appeal, a two-bedroom apartment is situated above the restaurant, providing additional income potential or comfortable living quarters for the owner. The asking price for this exceptional package is $495,000. This is a unique chance to acquire a profitable, established business with significant upside potential in a desirable downtown location. Serious inquiries are encouraged to explore this remarkable opportunity further. All aspects of the business and property are included in the sale price.

    Property Features for 316 4Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,840 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1880
    Insight Report Location Intelligence

    Current Use by Public Records

    La Tavola Italian ... Italian Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Des Moines
    State
    Iowa
    Longitude
    -91.10332
    Latitude
    40.81066

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    FAQs

    What type of property is this?
    Commercial real estate - Turnkey Italian Restaurant, 6,840 sq ft, apartment included.
    Where is this commercial real estate located?
    The property is located at 316 4Th St Burlington, IA.
    What is the asking price?
    The asking price for this property is $495,000.
    Request Owner's contact information
    316 4Th St Burlington, IA 52601
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    Burlington, IA 52601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    316 4Th St Burlington, IA 52601
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