$495,000

2301 S Frederick

Oelwein IA, 50662

Description

Country Cottage Caf is a long-established and successful restaurant known for their homemade meals in a warm and friendly dining environment. This well-maintained building offers over 1700 square feet and provides seating for 84 people. Remodeled in 2016, the interior has new insulation, drywall with oak wainscoting, LED lighting and stainless steel walls in the kitchen. The full basement offers two offices, a full bath, great storage rooms and a utility room housing two Heil furnaces that were installed in 2012 and 2015, two n/gas water heaters, and 400 and 200 amp electric panels. The attractive exterior features stone accent, steel roof and an inviting covered porch. There is a walk-in cooler attached to the rear of the building. The building sits on a large half acre lot with concrete and asphalt parking areas. This turn-key business sits on the south edge of Oelwein with a city park across the street and highly-traveled Highway 150 just one block east. Dont pass up this wonderful opportunity to carry on the tradition.

Details

MLS#20195950
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1977
Days On Site210

Features

SQ Feet1,704
Story(s)1
ZoningCommercial

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Area Information

StateIA
CountyFayette
CityOelwein
Zip Code50662
AreaFayette
Listing VS Median (in 50662)
Price:
$495,000
low | high
Med:
$90,950
100% of Average
SqFt:
1,704
low | high
Med:
2,328
13.409624413146% of Average
$ / SqFt:
$290
low | high
Med:
$40
100% of Average
On Site:
210
low | high
Med:
265
79.245283018868% of Average
Listing Updated: 06/01/2020
MLS Number: 20195950
Listing Provided By:
James Hughes  of  RE MAX Independence Realty