820 Commerce Drive, Decorah, 52101

Commercial - Retail For Sale

$395,000

Beds
Baths
2,360Sqft
.38Acres
Built
MLS® #: 20161511
Active

Located in Northeast Iowa, in the thriving community of Decorah, Iowa - the Stone Hearth Inn is a long-established restaurant and lounge. The facility was built in 1978 and offers over 4400 square feet, including the main and lower levels. The restaurant has seating on main for 100 with booths, tables and seating at the bar. Gas fireplace offers nice atmosphere for diners. Lower level is a sports bar with pool tables, TV's, dart boards, games - seats 70. This is a great area for smaller parties, receptions and family gatherings as it offers a casual seating along with a private entrance. Current owners been in the restaurant business for over 25 years. Income/expenses available to serious, qualified buyers. Net sales in 2017 exceeded $500,000. Sale price includes business, equipment, inventory. Food and liquor inventory to be taken at time of sale and added to the selling price. Many recent updates - including new dishwasher, compressor on walk-in freezer, vanities in restrooms, carpeting, landscaping, basement tile system and sump pump, counter height tables in dining room, remodeled upstairs bar area, ansul system, water heater, handicap access ramp and resurfaced parking lot. For pictures and info on the restaurant, visit website: www.stonehearthdecorah.com

Essential Information

MLS® #: 20161511
Price: $395,000
Square Footage: 2,360
Acres: 0.38
Type: Commercial
Sub-Type: Retail
Status: Active

Community Information

Address: 820 Commerce Drive
Area: Winneshiek
City: Decorah
State: IA
Zip Code: 52101

Amenities

Utilities: Electric, Gas, Water, Sewer, Phone

Interior

Heating: Forced Air, Gas
Cooling: Central

Exterior

Exterior: Wood Siding
Roof: Comp Shingle

Additional Information

Zoning: C

Listing Details

Listing Agent: Barbara Smed
Listing Office: Keller Williams Legacy Group

Financials

$/SqFt: $167

IDX Data comes from Northeast Iowa Regional Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

Listing information last updated on May 19th, 2019 at 4:07am CDT.