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    316 4Th St Burlington, IA 52601

    For Sale
    $495,000

    Established Italian eatery, prime location, includes FF&E.

    Property size:
    3,420 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This turnkey restaurant opportunity in Burlington, Iowa presents a unique chance to acquire a well-established Italian restaurant. The property, located at 316 N 4th St, boasts 3,420 square feet of main-level restaurant space, perfect for immediate operation. All fixtures, furniture, and equipment (FF&E) are included in the asking price of $495,000. The building, constructed in 1880, features a total of 6,840 square feet, including a full basement and a second-story, two-bedroom apartment, adding potential for additional income or owner occupancy. Situated on a 3,510 square foot lot, the property benefits from a C-2 zoning permit and is conveniently located half a block from City Hall, surrounded by other retail and office businesses. The 2022 property taxes were $4,062. This exceptional offering combines a thriving business with valuable real estate in a desirable downtown location. The property's prime location and established clientele provide a solid foundation for continued success and potential growth. Financial information is available upon request.

    Property Features for 316 4Th St

    General Information

    Property type
    Restaurants
    Square Feet
    3,420 SF

    Building Details

    Year Built
    1880
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • Turnkey Italian restaurant in Burlington, IA, asking $495,000.
    • 3,420 SF main‑level restaurant space with all FF&E included.
    • 6,840 SF total building area, including a full basement and a 2‑bedroom apartment.
    • Located on a 3,510 SF lot with C‑2 zoning, half a block from City Hall.
    • 2022 property taxes: $4,062.
    Property Profile 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
    -91.103325
    Latitude
    40.8106608

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    FAQs

    What type of property is this?
    Restaurant - Established Italian eatery, prime location, includes FF&E.
    Where is this restaurant 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.
    What are key features of this property?
    This property features: Turnkey Italian restaurant in Burlington, IA, asking $495,000.; 3,420 SF main-level restaurant space with all FF&E included.; 6,840 SF total building area, including a full basement and a 2-bedroom apartment.
    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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