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Property profile & analytics
FOR SALE
Turn key restaurants

1004 Main St Manson, IA 50563

5,000 SF 0.11 ac lot Built 1900
Individually Owned 20-yr Hold Free & Clear
Property ID
US25-1115983
Property summary
AI-generated overview

This thriving, family-owned bar and grill in Manson, IA, is available for $285,000. Located at 1004 Main St, this 5,000 sq ft single-story establishment boasts a 5,000 sq ft lot and has been completely renovated from 2020-2023. The restaurant, built in 1900, enjoys 100% occupancy and features a fully equipped kitchen with high-quality, well-maintained appliances. With seating for up to 120 guests, it benefits from a loyal customer base cultivated over 18 years. The cozy and inviting atmosphere is perfect for families, friends, and couples. This is a truly turnkey operation in a prime downtown location, offering a rare opportunity to acquire an established and successful business with a strong reputation. The lease is a Net Net + (NN+) arrangement. This is a single-tenancy property in Calhoun County, Iowa, zip code 50563. The property's prime location and established clientele make this an exceptional investment opportunity.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Total area 5,000 SF
Lot 0.11 ac (5,009 SF)
APN 893117130012
UPID US25-1115983
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Steven M Jones · 20 yrs held
Steven M Jones
since 2005
3 recorded transactions
2020
Price N/A
2005
Price N/A
2005
$30,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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