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1014 3rd Ave
Grinnell, IA 50112

The Peppertree at the Depot Crossing · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
6,506 SF
Building Class
C
Year Built
1900
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.62 AC
Zoning
commercial

Amenities

  • Conferencing Facility
  • Corner Lot
  • Restaurant
  • Security System
  • Signage
  • Accent Lighting
  • Monument Signage
  • Air Conditioning

About 1014 3rd Ave , Grinnell, IA 50112

NEW PRICE!!! The Peppertree at the Depot Crossing is a well-established & respected restaurant. Located in the magnificently renovated Chicago/RI/Pacific train depot (historic registry), the wonder & awe of this building adds to the value of this business, created with fine food & well-developed recipes. Customers can sit on the beautifully designed patio, where trains still pass just steps away. A great business model has been created that affords a buyer confidence to step in and continue with the same success. The owner has grown this operation significantly since opening in 2011, past 3 years revenues have grown consistently and that trend continues to current. Open only 26 hours per week, there is room for further opportunity. Located in close proximity to Central Park, Hotel Grinnell, and other attractions the restaurant is a natural draw for nearby event traffic. Well-established community relationships help provide consistent revenue. Local lenders are ready to assist the right buyer at the new list price. Call for more info.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
180-3001900
Land Assessment
$61,800
Improvements Assessment
$358,390
Total Assessment
$420,190
  • Listing ID: 12934600

  • Date on Market: 6/19/2018

  • Last Updated:

  • Address: 1014 3rd Ave, Grinnell, IA 50112

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