Turnkey Café with
616 4th St Sully, IA 50251
616 4th St, Sully, IA, 50251
$395,900
For Sale
$395,900
Fully updated café/restaurant building with patio space and a remodeled 2-bedroom apartment above for owner or rental use.
Property Size2,500 SF
Price / SF$158.36
Days on Market283
Property Features for 616 4th St
General Information
- Standard status
- Active
- Size
- 2,500 SF
Listing agency
Realty ONE Group Impact
(603) 800-7008
Listed by
Nela Biscanin
(603) 800-7008
Source
Exprealty
Added: Oct 13, 2025 Updated: Jul 22 at 12:22PM Checked: Jul 22 at 12:22PM
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 Realty ONE Group Impact
Investment Insights
Based on property information with market context.
A well-maintained, fully updated café/restaurant property with a 2,500+ square foot building and extensive upgrades completed from 2023–2025. Improvements include a new fire suppression system, updated electrical and plumbing, new commercial kitchen equipment such as fryers, ovens, refrigeration, and sinks, and remodeling throughout with updated flooring and locks. The building also features a remodeled 2-bedroom apartment above, supported by exterior work including new cement, gutters, and signage.
Located at 616 4th St in Sully, the property includes patio space and rear garage/parking, supporting both customer access and practical day-to-day use.
The Coffee Cup Cafe is offered as a turnkey café/restaurant package with an attached live/work or rental opportunity through the upstairs apartment, combining operating space with residential income potential in one building.
Located at 616 4th St in Sully, the property includes patio space and rear garage/parking, supporting both customer access and practical day-to-day use.
The Coffee Cup Cafe is offered as a turnkey café/restaurant package with an attached live/work or rental opportunity through the upstairs apartment, combining operating space with residential income potential in one building.
Key Highlights
- Fully updated 2,500+ SF cafe/restaurant building with patio space and rear garage/parking.
- Extensive upgrades completed 2023‑2025, including a new fire suppression system, updated electrical and plumbing.
- New commercial kitchen equipment including fryers, ovens, refrigeration, sinks, and more.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.9k | $21.96 |
| − Vacancy | −$11.0k | −$4.39 |
| EGI | $43.9k | $17.57 |
| − OpEx | −$11.0k | −$4.39 |
| NOI | $32.9k | $13.18 |
2,500 SF · lease $21.96/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$524.3K
$458.7K – $611.6K
NOI $36,698 @ 7.0% cap · market cap 9.27%
Second Best
Office B
$470.6K
$411.8K – $549.0K
NOI $32,940 @ 7.0% cap · market cap 8.32%
Theoretical Best
Flex RnD
$2.41M
$2.11M – $2.81M
NOI $168,460 @ 7.0% cap · market cap 42.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Coffee Cup Cafe
Cafe & Coffee Shop
Similar Off Market Nearby
- La Rose Marie Bakery and Boutique — 620 4th St, Sully, IA 50251
FAQs
What type of property is this?
Coffee shop - Fully updated café/restaurant building with patio space and a remodeled 2-bedroom apartment above for owner or rental use.
Where is this coffee shop located?
The property is located at 616 4th St Sully, IA.
What is the asking price?
The asking price for this property is $395,900.
What are key features of this property?
This property features: Fully updated 2,500+ SF cafe/restaurant building with patio space and rear garage/parking.; Extensive upgrades completed 2023‑2025, including a new fire suppression system, updated electrical and plumbing.; New commercial kitchen equipment including fryers, ovens, refrigeration, sinks, and more.
