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$ 400,000
Est. payment /mo
Price Dropped by $85K
304 Vine E Decatur, IA 50067
1 Bath
4,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $83
MLS Listing ID 11509553
Half Baths 2
Annual Tax Amount $2,136
Property Description
Turnkey Restaurant & Commercial Building For Sale - Decatur, Iowa 4,800 Sq. Ft. | 80' x 60' |Prime location on Iowa Hwy 2 and 1/2 Mile from I-35 Property Overview This is a rare opportunity to purchase a successful, turnkey restaurant business and property located in a prime position with excellent visibility and accessibility just 1/2 mile from Interstate 35 and directly on Iowa State Highway 2. Situated next to a busy RV park, this 4,800 square foot (80' x 60') property has successfully operated six days per week for five years, with a loyal customer base and strong regional visibility. Whether you're an established restaurateur looking to expand, or an entrepreneur seeking a turnkey space, this property delivers exceptional value and potential. This turnkey offering includes the real estate, all kitchen and dining equipment, furnishings, décor, and food inventory-allowing for immediate, seamless operation. Restaurant Highlights: • Open 6 Days a Week - consistent traffic and proven customer base • Decor: Charming and warm ambiance featuring handmade quilts displayed on the walls, tile flooring, and tasteful finishes • Dining Areas: Spacious layout that includes main dining room and a secondary room ideal for overflow or private events • Turnkey Sale: Includes all furniture, fixtures, décor, food inventory and equipment Building Specifications: • Total Building Size: 4,800 sq. ft. (80' x 60') • Construction: One-level freestanding commercial structure o Original Structure: Tile flooring, propane furnace, and central air conditioning o Addition: Epoxy-coated concrete flooring, heated and cooled by two mini-split units • Restrooms: Separate men's and women's restrooms, with shower in men's • Seating Capacity: Accommodates 65-70 guests comfortably • Utilities: o (2) Hot water heaters o (2) Separate electric panels (one for original building, one for addition) • Parking: Ample onsite Included Equipment & Furnishings Kitchen & Cold Storage: • (2) Stacked commercial convection ovens • Commercial stove • (3) Food warmers • (3) Deep fat fryers • (2) Flat-top fryers (24" electric & 36" gas) • Prep table • Cooler room • Walk-in freezer (8' x 10') with shelving • Double-door upright freezer • Single-door upright freezer • Double-sided refrigerator • Deep freezer • Commercial dishwasher • Shelving throughout kitchen and storage areas • Outdoor Thermo King walk-in freezer Dining Area & Décor: • Excellent opportunity for dine-in, takeout, catering and event hosting • (6) Large oak tables with 4 chairs each • (3) Smaller oak tables with 2 chairs each • Matching chairs and seating • Custom oak service bar with under-bar storage • Decorative elements included, featuring handmade quilts displayed throughout the interior Additional Items: • Turnkey Operation - everything you need to start operating from day one! • All restaurant inventory, including food inventory at time of sale • 2024 Spring Valley 8' x 10' utility shed • Outdoor grill Location Highlights (Benefits) • 1/2 Mile from Interstate 35 - Convenient access for travelers and locals • Frontage on Iowa State Highway 2 - Excellent visibility and daily traffic flow • Adjacent to an RV Park - Reliable seasonal and transient customer flow • Consistent 6-day/week operation for 5+ years Summary This is a rare turnkey investment opportunity for a restaurateur or business owner seeking a fully operational restaurant with deep community roots in a highly visible, strategic location. This property has operated as a popular, established restaurant for over five years, serving both locals and travelers. Located adjacent to a busy RV park, directly on Iowa State Highway 2, and just 1/2 mile from Interstate 35, this business is ready for immediate operation-all equipment, décor, and inventory are included, this is a seamless transition opportunity with zero startup delay. Contact us for your private showing!!
Location
State IA
County 19053
Rooms
Basement Slab
Dining Room 0
Kitchen 0
Building
Story 1
Sewer Municipal
Water Municipal
Structure Type Frame
Nearby Locations