Unknown Independence, IA 50644
Property profile & analytics
Unknown, Independence, IA 50644
- Retail residential properties
- 0.45 lot acres
Property ID
US25-1121348
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.
Location Intelligence
Current Use by Public Records
- Arianna's Kitchen / Restaurant
Property Details for Unknown
- Lot size
- 0.45 lot acres
- Property type
- Retail residential properties
- APN
- 633376005
- APU
- 633376005
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Independence
- County
- Buchanan
- State
- Iowa
- Longitude
- -91.9183
- Latitude
- 42.4686
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
2023
$2,026
$52,840
$62,950
$115,790
-
$52,840
$62,950
$115,790
