Shell Rock, IA 50670,202 S Cherry ST
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Shell Rock, IA 50670,202 S Cherry ST
Shell Rock, IA 50670,202 S Cherry ST
Shell Rock, IA 50670,202 S Cherry ST
Shell Rock, IA 50670,202 S Cherry ST
Listed by Peggy Feltus • Cedar Valley Iowa Realty-Charles City
Bought with Feltus Peggy • Cedar Valley Iowa Realty-Charles City

$192,500

Est. payment /mo

$250,000

23.0%
Est.Price: ?

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202 S Cherry ST Shell Rock, IA 50670

3,005 Sqft Lot

SOLD DATE : 05/08/2024

Key Details

Sold Price $192,500

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 20240264

Sold Date 05/08/24

Year Built 1890

Annual Tax Amount $2,744

Tax Year 2023

Lot Size 3,005 Sqft

Acres 0.069

Property Sub-Type Retail

Property Description

This well-established turnkey Pub/Cafe for sale in Shell Rock, IA is a great opportunity to be your own boss! Nestled near the Shell Rock River, the Riverview Cafe has been a staple in Shell Rock for over 40 years and it's never looked better! The 3740 (+/-) square foot building has stood the test of time and has had many updates including tuckpointing in 2019, a new awning in Oct 2022 and roof in 2015. When you enter the dining area entrance you'll see new flooring, room to seat 40 (+/-) people and have easy access to the bar area with seating for an additional 30 (+/-) people. There is a conveniently located back door for loading and unloading supplies that is near the walk-in cooler that had a new compressor in June 2022. Other equipment upgrades include ice machine, freezer, baffles in kitchen hood in 2019, new furnace and central air in Sept 2021, a new broaster in Feb. 2022, a new fryer in Feb 2023 and much more. The women's restroom has 2 toilets and a sink, the men's restroom has 1 toilet, 1 urinal and a sink. Use the completely remolded and furnished two bedrooms, 1 bath apartment above the restaurant for an office, rent it for additional revenue or reside there to save on living expenses. The apartment has its own meter for electricity, a new furnace, new air conditioner, newer windows (2015) and roof. The sale of the property includes 3 empty lots to the east of the building - the lot(s) have capped water lines - estimated 1500sq ft per lot. With a solid community customer base, Riverview Cafe has proven to be successful. The apartment above the restaurant has the best seat in the house during the infamous 4th of July celebration. Enjoy the new fence and custom "wood grain look" stamped cemented outdoor patio this summer - perfect spot for live music! Current owners are retiring and ready to sell! Don't wait - call your favorite realtor today to schedule a showing and come see for yourself all this property has to offer.

Location

State IA

County Butler

Zoning DUAL CLASS

Interior

Heating Forced Air, Gas, Electric, Entire Unit

Cooling Central Air, Individual Control, Individual Units

Flooring Tile/Vinyl

Fireplace N

Exterior

Utilities Available Electricity Available, Gas, Water Available, Sewer Available

View Y/N true

Roof Type Composition Shingle,Metal,Sloped

Building

Sewer City Sewer

Structure Type Other

Others

Ownership Joint Tenant

Acceptable Financing NBR20240264

Listing Terms NBR20240264

Special Listing Condition Normal Sale

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agent

Joanne Heying

Broker Associate | BB62298000

+1(641) 330-3859

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