841 Frederick Ave Oelwein, IA 50662-3029

This turnkey restaurant located at 841 S Frederick Ave, Oelwein, IA 50662, presents a fantastic opportunity for an owner-operator. Priced at $249,000, this 1,573 square foot Class B retail space offers a compelling value proposition at $158.30 per square foot. Built in 1970, the single-story building sits on a 0.48-acre lot and is zoned C, allowing for a variety of uses. The property includes all furniture, fixtures, and equipment, making it truly turnkey. Recent updates to the building ensure a move-in ready condition, ideal for immediate operation. The existing layout is well-suited for a cafe or lounge, but the versatile space could easily adapt to other concepts. This is a rare opportunity to acquire an established restaurant with significant upside potential in a thriving community. The property's location in Fayette County offers convenient access to local amenities and a strong customer base. This owner-user investment is ready for a new chapter. Don't miss this chance to own a profitable business in a desirable location.