COMMERCIAL

820 Commerce Drive, Decorah IA 52101

$425,000

Located in Northeast Iowa, in the thriving community of Decorah, Iowa - the Stone Hearth Inn is a long-established restaurant and lounge. The facility was built in 1978 and offers over 4400 square feet, including the main and lower levels. The restaurant has seating on main for 100 with booths, tables and seating at the bar. Gas fireplace offers nice atmosphere for diners. Lower level is a sports bar with pool tables, TV's, dart boards, games - seats 70. This is a great area for smaller parties, receptions and family gatherings as it offers a casual seating along with a private entrance. Current owners been in the restaurant business for over 25 years. Income/expenses available to serious, qualified buyers. Net sales in 2017 exceeded $500,000. Sale price includes business, equipment, inventory. Food and liquor inventory to be taken at time of sale and added to the selling price. Many recent updates - including new dishwasher, compressor on walk-in freezer, vanities in restrooms, carpeting, landscaping, basement tile system and sump pump, counter height tables in dining room, remodeled upstairs bar area, ansul system, water heater, handicap access ramp and resurfaced parking lot. For pictures and info on the restaurant, visit website: www.stonehearthdecorah.com

Overview

  • Property TypeCommercial
  • Sub-typeRetail
  • Sale / RentFor Sale
  • Sale TypeNormal Sale
  • StatusActive
  • CountyWinneshiek
  • Year Built1978
  • Date ListedMar 21, 2016
  • Days on Market1653
  • Gross Taxes$7,177
  • OccupantNo
  • ZoningC
  • Legal DescBLK 2 L 6 CARLSONS 3RD ADDN (brief description taken from beacon)
  • MLS ID20161511

Size

  • Total Building Size2,360 sq ft
  • Total Available Size4,520 sq ft
  • Available Office Size24 sq ft
  • Lot Size16,575 sq ft
  • Lot Acres0.38 acres

Building

  • HeatingForced Air, Gas
  • CoolingCentral
  • SewerCity Sewer
  • Utilities On SiteElectric, Gas, Water, Sewer, Phone
  • SprinklerYes
  • Wall ConstructionFrame
  • Floor ConstructionCarpeted, Concrete
  • Roof ConstructionComp Shingle
  • Exterior finishWood Siding
  • Building DescriptionFree Standing, 1 Story, Basement
  • Multi-tenantNo
  • Common AreaNo
  • Frontage / AccessCity Street
  • Nearest HighwayState Hwy 9
  • Miles to Highway1
  • Miles to Airport4

Other

  • Terms / LeaseN/A
  • Sale / Lease IncludesLand, Building, Business, Equipment, Trade Fixtures, Furniture
  • PossessionNegotiable
  • Tax Year2014
  • InvestmentNo
  • Potential UseOther Potential Uses
  • This field is for validation purposes and should be left unchanged.

Listing provided courtesy of Keller Williams Legacy Group. Barbara Smed, listing agent.