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    11 Benton Ave E Albia, IA 52531
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    Property profile & analytics

    11 Benton Ave E, Albia, IA 52531

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    • Commercial real estate
    Historic Building with Turn-Key Setup For Sale
    $289,000
    7,040 SF

    Historic Building with Turn-Key Setup

    Historic Albia Square property includes kitchen equipment and furnishings, supporting restaurant, bar, event, or office use.

    11 Benton Avenue E, Albia, IA 52531
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    Property ID
    US25-1472228
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    Cap Rate Potential
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    Current Use by Public Records

    • Commercial real estate

    Property Details for 11 Benton Ave E

    Property type
    Commercial real estate
    APN
    210009005000000
    APU
    210009005000000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 11, 2017 — Brian H Lindberg Robert T Bates Foundation Warranty Deed —

    Description

    This exceptional 3500 sq ft commercial property, located on the town square in Albia, IA, presents a unique opportunity for a savvy investor. The main level boasts a fully equipped restaurant and bar, complete with all necessary kitchen equipment, tables, chairs, and cutlery – all included in the sale price of $289,000. The space comfortably accommodates patrons with ample seating areas, including a charming private courtyard and access to a shared alley, enhancing the ambiance and providing additional outdoor seating options. Two restrooms are conveniently located on the main level, along with a dedicated office space. The substantial upper level offers significant potential, adaptable for expanded restaurant seating, event space, or conference rooms, adding considerable versatility to the property. A full basement provides ample storage. The building is equipped with four furnaces and four central air conditioning units, ensuring year-round comfort. This move-in ready establishment is perfectly positioned for immediate operation, representing a rare opportunity to acquire a thriving business in a desirable location. The property sits on a 0-acre lot at 11 Benton Avenue E, Albia, IA.


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    Location Insight

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    • Local Demand
    City
    Albia
    County
    Monroe
    State
    Iowa
    Longitude
    -92.8078
    Latitude
    41.0274

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $7,038
    $26,680
    $278,736
    $305,416
    -
    $26,680
    $278,736
    $305,416
    View Listing
    More about this property
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