Gobbler's Roost | 306 3rd St
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Gobbler's Roost 306 3rd St
2,672 SF Retail Building Grafton, IA 50440 $189,000 ($71/SF) 6.11% Cap Rate
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.
Data Room Click Here to Access
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,672 SF
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
Frontage
35 FT on 3rd Street
Amenities
- Fenced Lot
- Restaurant
- Air Conditioning
-
Shannon Anderson -
Re/Max Heartland Realtors
1 of 24
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Gobbler's Roost | 306 3rd St
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