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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

101 Old Hwy 34th E Danville, IA 52623-9712

1,250 SF 0.07 ac lot Built 1930
Individually Owned 3-yr Hold Free & Clear
Property ID
US25-0284698
Property summary
AI-generated overview

This turnkey restaurant in Danville, IA, presents a fantastic business opportunity. Recently remodeled, the property boasts a spacious interior with ample dine-in seating, perfect for accommodating a variety of customers. A dedicated breakfast bar adds to the versatility of the space, allowing for diverse menu offerings throughout the day. The inclusion of all necessary equipment eliminates the need for significant upfront investment, allowing the new owner to focus on operations and growth. The property sits on a 0.07-acre lot and offers additional outdoor dining space, expanding seating capacity and creating a pleasant atmosphere for patrons. The building's recent renovation ensures a modern and functional layout, ready to serve customers immediately. This is an exceptional chance to acquire an established business with minimal start-up costs, offering immediate revenue potential. The property is located at 101 E Old Highway 34 E, Danville, IA, and is listed at $275,000. The sale includes all existing equipment, making this a truly turnkey operation. This is an ideal opportunity for an experienced restaurateur or a first-time business owner seeking a profitable venture. The combination of a prime location, modern amenities, and complete equipment package makes this a highly attractive investment.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1930
Total area 1,250 SF
Lot 0.07 ac (3,223 SF)
APN 09-15-151-001
UPID US25-0284698
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
Current use
Occupant on record · Public records
  • K&A Corner Cafe Cafe & Coffee Shop
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
Candi Lewis · 3 yrs held
Candi Lewis
since 2023
Last sale
$25,000
4 recorded transactions
2023
Price N/A
2023
$25,000
2021
$11,152
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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