1826 1st W St Independence, IA 50644-2326

This exceptional 3,794 square foot retail property located at 1826 1st St. West, Independence, IA, presents a unique investment opportunity. The well-established, turnkey restaurant and bar is immediately operational, complete with all equipment and fixtures. The restaurant comfortably seats 60 patrons and benefits from a recently updated HVAC system (furnace and A/C, 4-5 years old) and a new water heater. The bar area, a popular local destination, also features its own recently installed HVAC system, ensuring year-round comfort. Separate utility meters for the restaurant, bar, and upstairs apartment offer flexibility for various ownership or rental strategies. Ample parking is provided in a tiled lot. The building itself is meticulously maintained, showcasing vinyl siding and a roof comprised of asphalt shingles and newer steel roofing (replaced 2-3 years ago). The inclusion of a separate upstairs apartment adds significant potential for supplemental rental income, ideal for owner occupancy or portfolio expansion. The 0.45-acre lot provides ample space and the property is priced at $285,000. This is a rare chance to acquire a thriving business with immediate income potential and significant upside.