112 1st St, Charlotte, IA 52731-9638

This exceptional commercial property, located at 112 1st Street in Charlotte, Iowa, presents a unique investment opportunity. The 2,520 square foot building currently operates as a bar and grill, benefiting from a high volume of daily traffic, approximately 700 vehicles per day. Situated on a gently sloping 0.48-acre lot, the property boasts a pleasant green space with a shady area overlooking the building and an outdoor stage, offering significant potential for expansion or outdoor events. The sale includes most of the furniture, fixtures, and equipment (FF&E), with a detailed list available upon request. A convenient 10 x 12 storage shed is also included. The property's zoning is flexible, and the city's welcoming approach to development makes it suitable for a variety of uses beyond its current configuration. Potential alternative uses could include a convenience store, cafГ©, or even residential conversion, subject to necessary approvals. The asking price of $197,000 is below prior appraisals and assessments, representing a compelling value proposition for discerning investors.