2601 Madison Ave, Burlington, IA 52601
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Burlington, IABurlington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.