Technical
Financial
Distress signals
Property profile

101 Old Hwy 34th E Danville, IA 52623

OFF-MARKET
Grocery and convenience stores
Property ID
US25-0284698
1,250 SF 0.07 ac lot Built 1930
Individually Owned 3-yr Hold Free & Clear
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop

Location

101 Old Hwy 34th E Danville, IA 52623-9712
Danville metro Census 1200 BURLINGTON, IA-IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$55k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$70k

Owner & transaction history

since 2023
Last sale
$25,000
4 recorded transactions
2023
Price N/A
2023
$25,000
2021
$11,152
2021
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 101 Old Hwy 34th E?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message