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Description
Turnkey restaurant opportunity in the heart of Ottumwa! This well-maintained commercial property offers a fully equipped kitchen, spacious dining area, storage, a game room, and customer restrooms. Excellent visibility with convenient on-site parking. Ideal for an owner-operator or investor looking to establish or expand a restaurant, café, bar & grill, or catering business. The flexible layout allows for a variety of food service concepts or could be remodeled to suit business of buyers choice. Located near established businesses, retail, and residential neighborhoods, providing a strong customer base. Equipment and furnishings may be included with an acceptable offer. Don't miss this opportunity to own this property. Contact the listing agent for additional details and to schedule a private showing.
Property Highlights
Property Type: Commercial - Retail
Year Built: 1977
General Information
County: Wapello
Listed By:
Century 21 Signature Real Estate (M)
515-963-1040
No Coast MLS
MLS ID: 6339863
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315 Church Street, Ottumwa, IA 52501.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $699,000 | $699,000 | $699,000 |
| Down Payment | $139,800 | $24,465 | $174,750 |
| Monthly Mortgage Amount | $3,398 | $4,170 | $4,318 |
| Taxes | $973 | $973 | $973 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $307 | $0 |
| Monthly Estimated Total | $4,575 | $5,654 | $5,495 |