501 S Locust St, Glenwood, IA 51534

$475,000
1,250
SqFt

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List Price
$475,000
Status
ACTIVE
Days on Market
77
MLS#
26-1314
Subtype
Commercial Sale
Foreclosure
Yes
Year Built
2001
Living Area
1,250
Neighborhood
Area 12
MLS Area Major
Area 12

Property Description

Bring your business vision to life in one of the region's most recognizable commercial locations. Currently operating as a well-known drive-through coffee shop, this highly visible corner property offers far more than its current use. A major 2022 addition nearly doubled the building's size and added a walk-in cooler, walk-in freezer, upgraded 3-phase electrical, expanded prep space, and equipment to support an expanded food service operation. Much of the existing coffee equipment is included, making it easy to continue a similar concept or create something entirely your own. With a full drive-through, private parking, and endless possibilities for a café, bakery, deli, ice cream shop, retail storefront, or another business, this property is ready for its next chapter. All equipment is in place and ready for you to continue the successful concept or grow it into something even bigger. With real estate included, updated systems, & room to expand, this is an exceptional opportunity to take over a proven business and start serving the community on day one.

Additional Information

Zoning
Commercial
Heating
Natural Gas, Forced Air
Air Conditioning
Central Air
Roof
Asphalt
Foundation
Slab

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Emily Swinford with Square Deal Real Estate