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114 S Prairie St

2,500 SF 100% Leased Retail Building Russell, IA 50238 $215,000 ($86/SF)

Property Facts

Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Building Size
2,500 SF
Year Built
1900
Price
$215,000
Price Per SF
$86
Percent Leased
100%
Building Height
1 Story
Building FAR
0.17
Lot Size
0.33 AC
Parking
10 Spaces (4 Spaces per 1,000 SF Leased)

Amenities

  • Restaurant
  • Signage
  • Air Conditioning

About 114 S Prairie St , Russell, IA 50238

Welcome to the heart of Russell, IA - where small town charm meets big time convenience! The Last Chance Market - your opportunity to own a thriving one-stop shop that not only brings in steady income, but also serves as a beloved gathering spot for the entire community. Step inside and be welcomed by the fully stocked market. From produce to pantry essentials, find everything you need to keep your home stocked. When hunger strikes, head over to the on-site restaurant for mouthwatering lunch options! With an additional large lot included in the sale, there's plenty of room for get-togethers, expansion, and even more potential profits! Speaking of profits - this turnkey operation comes fully equipped with all commercial-grade ovens, fryers, refrigerators and freezers, everything you'll need to keep things running smoothly. Plus all inventory is included in the sale price - meaning you can start seeing returns on your investment right away. And let's talk about recent updates - because we've got them covered too! Updated walk-in freezer and a brand new roof ensures peace of mind while you continue reaping the rewards from this business venture.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1206230007
Land Assessment
$7,416
Improvements Assessment
$71,881
Total Assessment
$79,297
  • Listing ID: 33414801

  • Date on Market: 10/4/2024

  • Last Updated:

  • Address: 114 S Prairie St, Russell, IA 50238

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