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Property profile & analytics
OFF-MARKET
Turn key restaurants

324 Van Buren St Wapello, IA 52653-1284

2,727 SF 0.04 ac lot Built 1958
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US25-1830212
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving downtown Wapello coffee shop, a beloved local favorite, complete with two income-generating rental units situated above. The property is ideally located in the heart of Wapello's vibrant downtown area, ensuring high visibility and consistent foot traffic. This turnkey business offers immediate revenue potential, eliminating the need for extensive setup or renovations. The coffee shop's established customer base and strong community presence provide a solid foundation for continued success. The two upstairs rental units generate additional income streams, enhancing the overall return on investment. The property sits on a 0.04-acre lot, providing ample space for outdoor seating or potential expansion. This is a rare chance to acquire a profitable, established business with significant upside potential in a desirable location. The sale includes all existing equipment and fixtures, making this a truly seamless transition for the new owner. Financial records are available upon request to qualified buyers. Don't miss this unique opportunity to own a piece of Wapello's thriving downtown community. Serious inquiries only.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1958
Total area 2,727 SF
Lot 0.04 ac (1,776 SF)
APN 08-27-256-024
UPID US25-1830212
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Holmes Properties LLC
Holmes Properties LLC
since 2025
3 recorded transactions
2025
Price N/A
2022
Price N/A
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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