104 W Main Street

    St. Lucas, IA 52166
    • $350,000
    • STATUS: Active
    • ON SITE: 153 days
    • MLS #: 20183789
    UPDATED: 55 min ago
    $350,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,380
      SQFT
    • $80
      $/SQFT
    Type:
    Commercial
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Description

    Here's your chance to be your own boss while also owning one of the most popular restaurants in NE Iowa. The White House Supper Club is a turn-key fine dining establishment that has been owned by the same family for over 50 years. With seating up to 175 customers, the friendly staff makes The White House the go-to restaurant to celebrate, to take your date to impress him/her, or to simply have a quiet evening meal with your loved ones. The owners have made the hard decision to retire but they want to help with a seamless transition to ensure continued success for the next owners. The large kitchen would make any culinary artist envious as it's immaculate, updated, and well designed. The restaurant has a loyal customer base and consistent yearly profits. Financial information will be provided to serious and qualified potential buyers. The sale will include the real estate, all fixtures, furniture, and equipment. Inventory can be negotiated. The second story of the restaurant has an apartment rental for additional revenue or to make into your home if you want save money as you begin to follow the dream of owning your own restaurant. The White House will continue to stay open and serve its patrons throughout the entire listing and transition. Contact me to give you a personal tour and to answer all your questions.

    Monthly Payment Calculator

    Listing information © 2018 Waterloo Cedar Falls Board of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS. Data last updated: 2018-12-16T08:53:24.633.
    www.cedarvalleyhomesforsale.com/homes/85635635

    104 W Main Street St. Lucas, IA 52166

    • Price: $350,000
    • Status: Active
    • Updated: 55 min ago
    • MLS #: 20183789
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    4,380
    SQFT
    $80
    $/SQFT
    1900
    Built
    County:
    Fayette
    Area:
    Fayette
    Property Description
    Here's your chance to be your own boss while also owning one of the most popular restaurants in NE Iowa. The White House Supper Club is a turn-key fine dining establishment that has been owned by the same family for over 50 years. With seating up to 175 customers, the friendly staff makes The White House the go-to restaurant to celebrate, to take your date to impress him/her, or to simply have a quiet evening meal with your loved ones. The owners have made the hard decision to retire but they want to help with a seamless transition to ensure continued success for the next owners. The large kitchen would make any culinary artist envious as it's immaculate, updated, and well designed. The restaurant has a loyal customer base and consistent yearly profits. Financial information will be provided to serious and qualified potential buyers. The sale will include the real estate, all fixtures, furniture, and equipment. Inventory can be negotiated. The second story of the restaurant has an apartment rental for additional revenue or to make into your home if you want save money as you begin to follow the dream of owning your own restaurant. The White House will continue to stay open and serve its patrons throughout the entire listing and transition. Contact me to give you a personal tour and to answer all your questions.
    Exterior Features

    Building Description 2 StoryBasement Dock Doors 0 Exterior Finish BrickAluminumVinyl Frontage Access City Street Location DowntownRural Roof Construction Comp ShingleFlat

    Interior Features

    Common Area No Cooling Central Floor Construction Tile/VinylCarpeted Heating Forced AirGasElectricPropane Insulation Unknown Sprinkler No Sq Ft Total Available 8596 Wall Construction FrameBrickAluminum

    Property Features

    Agent Owned No Amenities Cable Commercial Type Retail Documents On File Legal DescriptionOther Docs Flood No For Lease No For Sale Yes Gross Income Is Actual Gross Taxes 3106 Investment No Lease Terms N/A Lease Type None Multitenant No Ownership IndividualJoint TenantGen PartnershipCorporationLl Corp Possession At ClosingSpecific Date Possible Financing At ClosingSpec Date Potential Use Retail Price Type Gross Region Outside The Metro Area Restrictions And Easements Unknown Sale Lease Includes LandBuildingBusinessEquipmentTrade FixturesInventoryFurniture Sale Type Normal Sale Sewer City Sewer Tax Incentive None Tax Year 2017 Tenant Pays N/A Utilities On Site ElectricGasWaterSewerPhone Zoning C-1

    Listing provided courtesy of Emily Koch of Cedar Valley Iowa Realty - Decorah.
    Listing information © 2018 Waterloo Cedar Falls Board of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS. Data last updated: 2018-12-16T08:53:24.633.
     
    Amy Wienands Real Estate
    1730 W. Ridgeway Avenue
    Waterloo IA, 50701