Central City, IA 52214,9 South Ave
$525,000
$525,000
Est.Price: ?

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10,142 Sqft Lot

9 South Ave Central City, IA 52214

Est. payment /mo
SOLD DATE : 07/20/2023

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Key Details

Sold Price $525,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 202302291

Sold Date 07/20/23

Year Built 1982

Annual Tax Amount $3,888

Tax Year 2021

Lot Size 10,142 Sqft

Acres 0.92

Property Description

After 12 successful years at this location, the owners have decided to retire. Great opportunity for an entrepreneur looking to own and operate a profitable store in a quaint river town. This grocery store has been a staple of the community for nearly 40 years drawing in locals, commuters and a large vacation population with it’s close proximity to Pinicon Ridge Campground, Boy Scouts Reservation, and YMCA Camp Wapsie. The store has an in-house deli with fresh food items, specialty meats from Edgewood Locker and a greenhouse. Established employee base with a good mixture of full-time and part-time employees. All new LED lighting and freezer doors. Lot size allows room for building expansion. Sale includes the real estate, business and FF&E. Inventory to be purchased separately. Contact LA for financials – NDA required.

Location

State IA

County Linn

Zoning C-1

Direction Hwy 13 to Al Waterhouse Ave/South Ave

Interior

Heating Central

Cooling Central Air

Flooring Concrete Slab Grade

Exterior

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Phone Available, City Water

Roof Type Metal

Building

Lot Size Range Half To One Acre

Structure Type Steel Or Metal

Others

Tax ID 070337701400000

Acceptable Financing PPC

Listing Terms PPC

Financing Cash,Conventional

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Listed by GLD Commercial Real Estate Advisors
Bought with GLD Commercial Real Estate Advisors

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Amir Elgaali

Agent | License ID: 66564000

+1(319) 855-0017

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