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    106 3Rd St Low Moor, IA 52757

    Sponsored
    For Sale
    $249,000

    Iowa Bar & Grill - Established Business

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional turnkey business opportunity presents the chance to own Santee's Bar and Grill, a well-established restaurant located at 106 3rd Street, Low Moor, IA 52757. The property, built in 1908, includes a main building encompassing a fully operational bar and grill, recently renovated and meticulously maintained. The sale includes all existing equipment and fixtures, allowing for immediate operation. The bar, bathrooms, and seating areas are in excellent condition, designed to attract and retain customers. The commercial kitchen is exceptionally clean and well-equipped. An attractive outdoor patio provides additional seating, perfect for enjoying the sunshine. Adding to the investment potential, a three-bedroom (potentially four-bedroom) apartment occupies the upper level, currently generating rental income. This provides a valuable supplemental revenue stream. The property sits on land in Clinton County, Iowa, and is ready for a new owner to continue its success within the welcoming Low Moor community. This is a rare opportunity to acquire a profitable, established business with significant upside potential. The asking price for this complete package is $249,000.

    Property Features for 106 3Rd St

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1908
    Buildings
    1

    HighLights

    • Turnkey restaurant business opportunity in Low Moor, IA.
    • Well‑established Santee's Bar and Grill located at 106 3rd Street.
    • Recently renovated building with all equipment and fixtures included.
    • Features a fully operational bar, grill, and commercial kitchen.
    • Includes an outdoor patio and a three- to four‑bedroom apartment generating rental income.
    • Asking price: $249,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Auto Parts Store Hair Salon Electronics Store Nail Salon Spa & Massage Auto Repair Shop Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Low Moor
    County
    Clinton
    State
    Iowa
    Longitude
    -90.3552172
    Latitude
    41.801972

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    FAQs

    What type of property is this?
    Restaurant - Iowa Bar & Grill - Established Business
    Where is this restaurant located?
    The property is located at 106 3Rd St Low Moor, IA.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: Turnkey restaurant business opportunity in Low Moor, IA.; Well-established Santee's Bar and Grill located at 106 3rd Street.; Recently renovated building with all equipment and fixtures included.
    Request Owner's contact information
    106 3Rd St Low Moor, IA 52757
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    Low Moor, IA 52757
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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
    106 3Rd St Low Moor, IA 52757
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