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101 2nd St SE

3,815 SF Retail Building State Center, IA 50247 $421,404 CAD ($110 CAD/SF)

Restaurants Iowa State Center 101 2nd St SE, State Center, IA 50247

Investment Highlights

  • Turnkey restaurant operation
  • Located two minutes north of Highway 30 and one block from Main Street
  • One of three restaurants in town
  • Only 20 minutes away from both Nevada and Marshalltown

Executive Summary

Turnkey restaurant for sale in State Center!

Attachments

Flyer - 101 2nd Street SE, State Center

Taxes & Operating Expenses (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Taxes $7,834 $2.05
Operating Expenses $18,833 $4.94
Total Expenses $26,666 $6.99

Taxes & Operating Expenses (Actual - 2023)

Taxes (CAD)
Annual $7,834
Annual Per SF $2.05
Operating Expenses (CAD)
Annual $18,833
Annual Per SF $4.94
Total Expenses (CAD)
Annual $26,666
Annual Per SF $6.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,815 SF
Building Class
C
Year Built/Renovated
1976/2005
Price
$421,404 CAD
Price Per SF
$110 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.44
Land Acres
0.20 AC
Zoning
Commercial
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PROPERTY TAXES

Parcel Number 8320-10-259-009 Total Assessment $311,031 CAD (2024)
Land Assessment $12,046 CAD (2024) Annual Taxes $7,834 CAD ($2.05 CAD/SF)
Improvements Assessment $298,984 CAD (2024) Tax Year 2023

PROPERTY TAXES

Parcel Number
8320-10-259-009
Land Assessment
$12,046 CAD (2024)
Improvements Assessment
$298,984 CAD (2024)
Total Assessment
$311,031 CAD (2024)
Annual Taxes
$7,834 CAD ($2.05 CAD/SF)
Tax Year
2023
(515) 309-0918

  • Listing ID: 29512378

  • Date on Market: 2023-09-13

  • Last Updated:

  • Address: 101 2nd St SE, State Center, IA 50247

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101 2nd St SE
(515) 309-0918 x

101 2nd St SE

Ben Brackett

(515) 309-0918

(515) 309-0918

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