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Property summary
The property is a commercial building located on a 1.89-acre site in south Burlington, Iowa, near Dankwardt and Crapo Parks. The building contains over 18,000 square feet and is arranged with a large front entrance area. Approximately 2,500 square feet are configured for restaurant and lounge use, with epoxy flooring, a kitchen and dishwashing area, and restrooms. The south portion includes a former 1,000-square-foot party room with separate bathrooms. The former brewing room covers approximately 12,750 square feet and features an 11' x 12' automatic door. An office area on the north end provides approximately 1,200 square feet and includes a private bathroom. The property also includes a large outdoor patio area and a spacious parking lot, and the building has a history of use as a bowling alley, brewing company, and restaurant.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The intent of this district is to allow a transition area between limited commercial growth and residential neighborhoods
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
C1 · Burlington, IAThe intent of this district is to allow a transition area between limited commercial growth and residential neighborhoods
Zoning
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Zoning designation
Official district profile
The intent of this district is to allow a transition area between limited commercial growth and residential neighborhoods
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C1 in Burlington, IA.
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