Gobbler's Roost 306 3rd St

306 3rd St , Grafton, Iowa, 50440 | 2,672 sq.f | $ 189,000

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About This Restaurant

Investment Highlights

Owners have an excellent business. Located in a small town with many updates to the building and equipment. Turn key restaurant

Executive Summary

Dreaming of being your own boss! Look no further with this turn key restaurant and bar. Gobblers Roost has been a north Iowa favorite since 1974. Owners have made extensive upgrades and improvements to the building. Not limited to roof, electrical, remodeling of interior and new patio addition for summertime enjoyment. EVERYTHING will be included in the sale right down to the food in the coolers and freezer. List of upgrades and books available to interested parties.

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    2,672
  • Building Class    C
  • Year Built/Renovated    1960/2020
  • Price    189,000
  • Price Per SF    71
  • Cap Rate    6.11
  • NOI    11,550
  • Tenancy    Single
  • Building Height    1 Story

Amenities

  • Fenced Lot
  • Restaurant
  • Air Conditioning
Date Created: 2024-07-16 04:13:37 Last Updated: 2024-07-16 04:13:37
Address: 306 3rd St , Grafton, Iowa, 50440