905 Washington St, Bloomfield, IA 52537-2146
- Turn key restaurants
- 4,780 SF
- 4.18 lot acres
Current Use by Public Records
- Southfork Motel and Grill / Restaurant
Property Details for 905 Washington St
- Year built
- 1978
- Lot size
- 4.18 lot acres
- Property type
- Turn key restaurants
- APN
- 1002180
- APU
- 1002180
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 30, 2024 | $1,000,000 | Ko&k LLC | Pgh Investments LLC | Warranty Deed | $728k · South Ottumwa Savings Bank |
| Feb 15, 2023 | — | Pgh Investment LLC | — | Deed · related | $560k · First Iowa State Bank |
Description
This exceptional turnkey opportunity presents a thriving, well-established restaurant located at 905 S Washington Street in Bloomfield, Iowa. The property boasts a prime location and a strong reputation built on consistent quality food and service, attracting a loyal customer base. The restaurant itself comfortably seats 90 patrons, offering a diverse menu designed to appeal to a wide range of tastes. The fully equipped kitchen is ready for immediate operation, requiring no significant upgrades or renovations. A significant advantage is the inclusion of a spacious banquet room, capable of accommodating up to 140 people. This versatile space is ideal for hosting a variety of events, from corporate meetings and business functions to family gatherings and private parties, significantly expanding revenue potential. The asking price for this established and successful restaurant is $549,000. This represents a rare chance to acquire a profitable, turnkey operation with significant growth potential in a desirable location. The property is offered as a general commercial listing and sits on a lot with zero acres. The square footage of the building is not specified. This is an exceptional opportunity for a seasoned restaurateur or an ambitious entrepreneur seeking a proven business model.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,000,000
- ML approach
- $1,000,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $700,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bloomfield
- County
- Davis
- State
- Iowa
- Longitude
- -92.4108
- Latitude
- 40.7407
