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Property profile & analytics
OFF-MARKET
Turn key restaurants

2514 Chamberlain St Ames, IA 50014-7204

2,674 SF 0.17 ac lot Built 1969
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0633179
Property summary
AI-generated overview

This exceptional 2,674 square foot restaurant space in Ames, Iowa, presents a unique opportunity for a new or expanding business. Located at 2514 Chamberlain St, 50014, this single-tenant property boasts a prime location in the heart of Iowa State's Campus Town, ensuring high foot traffic and visibility. The building features a fully operational kitchen, complete with a range hood, significantly reducing initial setup costs. Eight dedicated parking spaces are available for patrons and staff. The property benefits from three-phase power, accommodating a wide range of business needs. Previously a successful restaurant for over three decades, this well-maintained building offers immediate occupancy. Annual property taxes are $5.33 per square foot. This vibrant area attracts a diverse clientele of students, residents, and visitors, creating a strong potential customer base. The stand-alone building offers excellent adaptability for various businesses, from restaurants and bars to offices or nightclubs. Don't miss this chance to establish your business in a thriving Ames location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1969
Total area 2,674 SF
Lot 0.17 ac (7,358 SF)
Zoning code CSC
APN 09-09-128-080
UPID US25-0633179
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Little Taipei Restaurant
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Natalya LLC · 1 yrs held
Natalya LLC
since 2024
Last sale
$820,000
3 recorded transactions
2024
$820,000
2019
Price N/A
2019
$815,000
Zoning & alternative use
CSC · Ames, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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