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300 1st St. East, Independence, IA 50644

  • $120,000

  • MLS#: 20154415

Listing Presented By

Curt Martin
RE/MAX Independence Realty
(319) 334-5703

Retail - Independence, IA

For over 50 years The Majestic has been a fixture in the heart of downtown Independence. Located on Main Street?s busiest intersection with 9,700 cars passing by daily. This easy-to-run bar provides a relaxed atmosphere for visitors and locals to enjoy drinks, great conversation and shoot some pool. Additional income provided by 3-one bedroom apartments upstairs. Each rents for $275/month with tenants paying their own utilities. Stoves and refrigerators are owned by the landlord. Recent updates to this historic brick building include interior and bath remodel approx. 4 years ago, new central air 3 years ago and newer rubber roof. Equipment consists of 4 TVs, pizza machine, panini machine, hot dog roller. Pool table and water softener are owned. Most beer signs are owned by the distributors. There are 2 walk-in coolers and elevator between basement and main floor. Sale includes real estate, business, trade fixtures, equipment and inventory (at time of closing). Scale and Tony Stewart memorabilia, die-cast cars and some decorations are excluded. Financial statements available to qualified buyers upon request.

  • $120,000
  • Commercial
  • MLS#: 20154415
  • Square Footage: 3,496
  • Built In: 1880
  • Last Updated: July 12, 2016
  • Posted: July 12, 2016

300 1st St. East, Independence, IA 50644 MLS#: 20154415

300 1st St. East, Independence, IA 50644 is an , Commercial in Independence, Iowa for $120,000 with MLS#: 20154415 and offered by Curt Martin of RE/MAX Independence Realty. To learn more about 300 1st St. East, Independence, IA 50644 contact Curt Martin for more information or to request a showing.

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