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1402 W Sheridan Avenue Shenandoah, IA 51601 Commercial - Investment

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Description

A well known commercial property in Shenandoah, IA, previously used as a restaurant for generations, is available for a new business opportunity! Located in a highly visible location, close to gas stations, fast food restaurants, local goods and services, and along the main highway of traffic flow through town. The cross street, Sheridan Ave., is Shenandoah's downtown main street pulling additional traffic from the opposite direction. You can't beat the excellent location with high visibility and plenty of paved parking for customers and guests. The building exterior consists of durable white block with a rubber membrane roof. Inside you will find a cafe style dining area, and two additional semi-private dining rooms. A drink prep station lies just off the two dining rooms, followed by the dishwashing station and kitchen. The rear of the building contains two storage rooms and/or offices, two pantries, mechanicals and the walk-in cooler and freezer. Building/contents selling as-is.

Property Highlights

Property Type: Commercial - Investment
Year Built: 1950

General Information

County: Fremont
Listed By:
Orton Realty 712-246-5571
No Coast MLS
$149,000
Est. $1,031/mo
New to the Market Active
SQUARE FEET2,856 MLS#6338777
STATUS PROPERTY TYPECommercial - Investment

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Ruhl & Ruhl Careers
563.441.1776

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1402 W Sheridan Avenue, Shenandoah, IA 51601.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $149,000$149,000$149,000
Down Payment $29,800$5,215$37,250
Monthly Mortgage Amount $724$901$921
Taxes $207$207$207
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$66$0
Monthly Estimated Total $1,031$1,274$1,228

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