415 W Madison Ave

Investment Highlights

Turnkey Business Opportunity Tons of restaurant equipment included! Upper level residence

Executive Summary

MOTIVATED SELLER! Upscale Restaurant/Bar/Venue - Turnkey Business Opportunity! This restaurant is in an ideal location located on 54 Highway as you come into Iola, KS. Our 17,000 sqft building is complete with everything you need including a 2,200 sqft loft on the upper level. The building features a new roof, recently added HVAC systems, freight elevator, complete bar and full commercial kitchen ideal for catering. See the attached list of a restaurant equipment included. There is plenty of room to expand the business on the upper level as well. This is a must see!

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Storefront Retail/Residential Showroom OfficeLoft Creative Space Restaurant
• Building Size    17,000
• Year Built    1930
• Price    445,000
• Price Per SF    26
• Percent Leased    Vacant
• Building Height    2 Stories
• Loading Docks    1 Exterior
• Building FAR    0.37
• Land Acres    1.06 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• 24 Hour Access
• Corner Lot
• Fireplace
• Restaurant
• Signage
• Wheelchair Accessible
• Air Conditioning