909 State St Grinnell, IA 50112-2013

This exceptional Grinnell, IA property presents a unique investment opportunity encompassing a thriving family restaurant and a bustling bar, all within a single, spacious 10,114 square foot building situated on a 0.28-acre lot at 909 State Street. The restaurant, currently operating under a lease agreement, generates consistent income with its diverse menu and ample seating capacity. The kitchen is generously sized and well-equipped to handle the demands of a busy establishment. Both the restaurant and bar boast a distinctive rustic dГ©cor, creating a welcoming and inviting atmosphere. The bar area features extensive seating, including unique spool tables, and offers a variety of entertainment options such as TVs, gaming machines, darts, a piano, and pool tables, along with a jukebox. A full kitchen within the bar area allows for the convenient service of sandwiches and appetizers. A significant 36.4 x 84.6 foot storage area provides ample space for expansion or inventory. The seller is offering a compelling incentive of $40,000 in working capital to a qualified buyer at closing. This turnkey operation presents a rare chance to acquire a well-established and profitable business with significant income potential. The asking price is $750,000. This is a truly exceptional opportunity for a savvy investor seeking a high-return venture in a vibrant community.