41 Gillet St Preston, IA 52069-7709

This exceptional Preston, IA commercial property, encompassing 7,120 square feet on a 0.12-acre lot, presents a unique investment opportunity. The property, formerly the beloved Hometown Restaurant, boasts a rich history and significant potential. The main building features a spacious restaurant and bar area, approximately 2,900 square feet, ideal for dining and socializing. A separate 900-square-foot banquet hall provides ample space for events and gatherings, adding to the property's versatility. In addition to the established restaurant and banquet areas, there is also flexible retail space suitable for a variety of business ventures. Practical storage solutions are included, featuring a walk-in freezer and cooler, ensuring efficient operations. Most of the existing restaurant equipment is included in the sale, offering a significant advantage for a new owner. The property is being sold in its current "as-is" condition, allowing for customization and the implementation of new ideas. Priced at $106,000, this property offers a compelling blend of history, established infrastructure, and significant upside potential for a discerning buyer. The location in Preston, IA provides access to a loyal customer base and opportunities for growth. This is a rare chance to acquire a well-established property with a proven track record and the flexibility to adapt to future business needs.