316 N 4Th St, Burlington, IA 52601

This turnkey restaurant opportunity in Burlington, Iowa presents a unique chance to acquire a well-established Italian restaurant. The property, located at 316 N 4th St, boasts 3,420 square feet of main-level restaurant space, perfect for immediate operation. All fixtures, furniture, and equipment (FF&E) are included in the asking price of $495,000. The building, constructed in 1880, features a total of 6,840 square feet, including a full basement and a second-story, two-bedroom apartment, adding potential for additional income or owner occupancy. Situated on a 3,510 square foot lot, the property benefits from a C-2 zoning permit and is conveniently located half a block from City Hall, surrounded by other retail and office businesses. The 2022 property taxes were $4,062. This exceptional offering combines a thriving business with valuable real estate in a desirable downtown location. The property's prime location and established clientele provide a solid foundation for continued success and potential growth. Financial information is available upon request.