12695 University Ave Clive, IA 50325-8205
Exceptional opportunity to acquire a thriving, established restaurant in Clive, Iowa. This 3,461 square foot, single-story business, built in 2005, is situated in a desirable, high-end neighborhood within a prestigious strip center, ensuring consistent high-traffic flow. The asking price is $500,000. The property features a modern and inviting interior with ample seating, a fully equipped, state-of-the-art kitchen, and a custom-built wood-fired oven. Additional amenities include a walk-in beer cooler and abundant parking for patrons. The property is zoned C-4, reflecting its suitability for commercial use. This turnkey operation presents a rare chance to own a successful restaurant in a sought-after location, offering immediate revenue potential and significant upside. The business benefits from its established customer base and prime location, making it an attractive investment opportunity for experienced restaurateurs or those seeking a profitable venture in a thriving market. This is a fully operational business ready for a new owner to step in and continue its success.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-4 · Clive, IACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.