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129 W Main Avenue Rockford, IA 50468 Commercial - Retail

  • 129 W Main Avenue, Rockford, IA 50468 Main Photo

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Description

Turnkey restaurant opportunity! This fully equipped establishment is ready for its next owner to step in and continue operations immediately. Sale includes a 36 flat top charbroiler, 24 grill, chicken broaster, 3 refrigerators, 4 freezers, 4 pizza conveyor ovens, two 8'prep tables, and coolers - everything needed to keep the business running smoothly from day one. Recent updates include new flooring, wiring in ceilings, new ANSUL system, renovated women's restrooms with new toilets and sinks, new A/C unit in the back room, and 440electrical service. Currently operating with a 90/10 food-to-bar ratio. The upper level offers income potential - a wide-open space with an existing bathroom and laundry hookups, ready to be transformed into an apartment or additional business use. Also included, the adjacent building at 123 W Main (uninhabitable, included as-is). Don't miss your chance to own this fully operational restaurant, call today!

Property Highlights

Property Type: Commercial - Retail
Year Built: 1900

General Information

County: Floyd
Subdivision: RFD
Listed By:
Century 21 Preferred 641-424-9400
No Coast MLS
$165,900
Est. $1,085/mo
Active
MLS#6332975
STATUS PROPERTY TYPECommercial - Retail SUBDIVISIONRFD

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129 W Main Avenue, Rockford, IA 50468.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $165,900$165,900$165,900
Down Payment $33,180$5,807$41,475
Monthly Mortgage Amount $754$951$992
Taxes $231$231$231
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$73$0
Monthly Estimated Total $1,085$1,355$1,323

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