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Property profile & analytics

2601 Madison Ave Burlington, IA 52601

  • Turn key restaurants
  • 18,523 SF
  • 1.89 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US25-0043982
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.

Current Use by Public Records

  • Turn key restaurants

Property Details for 2601 Madison Ave

Year built
1942
Lot size
1.89 lot acres
Property size
18,523 SF
Zone code
C1
Property type
Turn key restaurants
APN
16-17-204-015
APU
1617204015

Description

This exceptional 18,523 square foot commercial building sits on a spacious 1.89-acre lot at 2601 Madison Avenue in Burlington, Iowa. Previously a bowling alley, it underwent a complete transformation in 2016, becoming a thriving brewery and restaurant. The property boasts a substantial 5,000+ square foot restaurant and lounge area, featuring durable epoxy flooring, well-appointed restrooms, a welcoming front entrance, and a fully equipped kitchen and dishwashing area. A versatile 1,000 square foot party room, complete with two bathrooms, is located on the south end of the building. The former brewing area encompasses 12,750 square feet and includes a large 11' x 12' automatic door, offering significant potential for various uses. A 1,200 square foot office space with a private bathroom is situated on the north end, providing a separate and private workspace. The property also features a generous outdoor patio area along the front, perfect for outdoor seating or events, and a large parking lot ensuring ample space for customers and employees. This versatile property presents a unique opportunity for a variety of commercial ventures in a desirable Burlington location. The combination of existing restaurant/brewery infrastructure, ample space, and convenient parking makes this an attractive investment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $275,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Burlington
County
Des Moines
State
Iowa
Longitude
-91.1087
Latitude
40.7797
CBSA code
15460
CBSA name
BURLINGTON, IA-IL MICROPOLITAN STATISTICAL AREA

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
2021
$12,446
$86,700
$402,900
$489,600
-
$86,700
$402,900
$489,600
More about this property
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