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318 Locust St NE Blairstown, IA 52209 Commercial - Business Active

  • 318 Locust St NE , Blairstown, IA 52209 Main Photo

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Description

Turn-key opportunity to own a fully built-out café/restaurant space with additional residential living quarters in the heart of Blairstown. Formerly home to 'Our Place coffee shop & bakery, this property is ideally suited for an owner-operator, investor, or entrepreneur looking for an affordable entry into business ownership. The main level features a welcoming customer area, service counter, and a functional commercial kitchen equipped with a newer hood system?allowing for immediate operation with minimal upfront investment. Recent updates include newer flooring, updated bathrooms, and improved mechanicals including furnace and water heater. The property also includes on-site living quarters, offering flexibility for owner occupancy or additional rental income. This live/work setup creates a unique opportunity to operate a business while offsetting expenses through residential use.

Property Highlights

Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1920

General Information

County: Benton
Listed By:
Pinnacle Realty LLC Trev Adair 319-393-0900
Cedar Rapids MLS
$85,000
Est. $642/mo
Active
SQUARE FEET3,250 MLS#2605023
STATUSActive PROPERTY TYPECommercial - Business

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Agent Name: Tifini Kreitz
Agent Phone: (563) 723-1897
Agency Title: Ruhl&Ruhl Realtors
Agent Email:

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318 Locust St NE , Blairstown, IA 52209.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $85,000$85,000$85,000
Down Payment $17,000$2,975$21,250
Monthly Mortgage Amount $424$514$529
Taxes $118$118$118
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$37$0
Monthly Estimated Total $642$769$747

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