713-23 Lake Avenue

Estimated Monthly Payment: $3,511/mo 713-23 Lake Avenue, Storm Lake, IA 50588 MLS# 800279 Commercial Listing Status: Active

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REMARKS:

We are pleased to present the exclusive listing for the formerly Legacy Steakhouse and Lounge located at 723 Lake Avenue, Storm Lake, IA. The property is approximately 5,200 sf, newly remodeled warm and inviting restaurant with an adjacent 7,500 sf parking lot. The restaurant is being offered as a complete turnkey operation including furniture, fixtures & equipment. Fully equipped commercial kitchen features a large, walk-in cooler, multiple freezers, broiler, two separate cooking areas, stove, oven & much more. Restaurant seats over 200 guests. This building would be perfect for an owner/operator or as an Investment Property. This building is excellently located just off of Highway 7, nearly 5,000 VPD. Minutes from Kings Pointe Water Park, Buena Vista University, Chatauqua Park and Storm Lake. Business available for $95,000--owner would consider a contract with an option to purchase. Building available for $330,000.

OVERVIEW:

Commercial
Active
1946
0
Central
Forced Air
Natural Gas
City
City

FINANCIAL:

$425,000
$18,876
2017

NEIGHBORHOOD & SCHOOL INFORMATION:

 

Courtesy of Salem Real Estate

 

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