1004 Main St Manson, IA 50563
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2018Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.