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1826 1st St. W, Independence, IA 50644

For Sale

$285,000

0.45 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 0.4 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Welcome to a fantastic business opportunity-a well-established turnkey restaurant and bar that offers everything you need to start operating immediately. This sale includes the real estate, all equipment and fixtures. The restaurant seats 60 and is heated and cooled by a furnace and A/C system that's only 4-5 years old and has a new water heater. A popular local spot, the bar has its own recently installed furnace and A/C system, ensuring a comfortable atmosphere year-round. Separate utilities for the restaurant, bar, and apartment provide flexibility for new ownership or rental arrangements. Ample parking is available with a tiled parking lot. The building is well-maintained with vinyl siding and a combination of asphalt shingles and steel roofing. The steel portion is newer, having been replaced just 2-3 years ago. This property offers not only a ready-to-go restaurant and bar but also the possibility of additional rental income from the upstairs apartment. Whether you're looking to live onsite or simply expand your portfolio, this property provides endless potential.
MLS# 20244434

Courtesy Of RE/MAX Independence Realty

(319) 334-5703

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Forced Air
  • Lot Size
    0.45 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 1826 1st St. W, Independence, IA 50644

Home seller CENTURY 21 Signature Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Signature Real Estate

(319) 283-2211
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Monthly Payment Breakdown

  • Principle and Interest
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.