503 S Main Street
New Sharon, IA 50207
MLS #35014174

Commercial
  • 13,504sq ft
$105,000
Est. P&I payment: $401.03/mo
503 S Main Street, New Sharon, IA 50207
  • 503 S Main Street, New Sharon, IA 50207 Photo 1
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Description for 503 S Main Street, New Sharon, IA 50207
21 years serving drive-in treats in New Sharon you'll find Vic's Dairy Creme! Seller's are retiring from this favorite New Sharon landmark which originally opened in 1955. If you are thinking about being a small business owner, this is a perfect fit! This business is located centrally in New Sharon close the the Little League Ballpark and North Mahaska Elementary and High School. Great lunch time and dinner crowds stop at this drive-in on Main Street a.k.a. Hwy 63 South. This property offers many updates since 2010 including new underlayment, insulation, steel siding & roof, updated central air, updated walk-in cooler with new compressor unit and flooring in 2014. This business will open in May for the summer crowd but has so much potential for a year-round business. All inventory, ice cream machine, mixers, freezers, grill and appliances included, many new in 2013. A full detailed inventory list on file. This family owned business is a treasure that the community loves to frequent.
MLS #35014174
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My Notes for MLS #35014174

General Features

  • Acres: 0.31
  • Area: Out of Are
  • Foundation: Slab
  • Lot Dimensions: 142' X 95'
  • Potential Use: Restaurant
  • Parking: Paved
  • Road Frontage: US Highway
  • Road Surface: Hard Surface
  • Roof: Flat,​Insulated,​Metal
  • SqFt Refrigerator: 48
  • Improved Structure: Other/See Remarks
  • Wiring: 100-200 AMPS
  • Zoning: Commercial
  • # Parking Spaces: 20
  • # Of Stories: 1
  • Lot Square Footage: 13,504
  • Price Per Acre: 338,709.68
  • Price Per Square Foot: 250
  • Property Subtype 1: Comm
  • Property Type: Commercial
  • Square Footage: 420
  • Year Built: 1955

Miscellaneous Features

  • Auction: N
  • Addt'l Land Avail.: No
  • Apartment(s) On-Site: No
  • Trade/Exchange: No
  • Flood Zone: None
  • Incentives: Other/See Remarks
  • Miscellaneous: Hot Water Heater
  • Possession: At Closing
  • Sale Includes: Building,​Equipment,​Fixtures,​Land

Interior Features

  • Basement Y/N: No
  • Ceiling Height (low): 8
  • Floors: Concrete Slab
  • Overhead Door (low): 8
  • Bathrooms: One
  • Underground Tanks: Not On Premises
  • Walls: Insulated,​Finished

Utility Features

  • Cooling: Central A/C,​Window A/C
  • Heating: Electric Forced Air
  • Utilities: Electricity Avail,​Natural Gas,​Sewer Connected,​Telephone,​Water City

Exterior Features

  • Exterior: Alum

Financial Features

  • Gross Tax: 733.37

School Features

  • Schools: North Mahaska CSD

Location

 
Street View Not Available
Directions to 503 S Main Street, New Sharon, IA 50207
Hwy 63 South property sits on west side of the road in New Sharon.
The listing information for 503 S Main Street, New Sharon, IA 50207 was graciously provided by our friends at the listing brokerage, McGriff Realty

Get Financing for 503 S Main Street, New Sharon, IA 50207

Hills Bank & Trust
Andy Brandt
1009 2nd St.
Coralville, IA 52241
319-358-6113 Office
319-594-7725 Mobile
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P&I Payment $401.03
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Hawkeye's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Hawkeye, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 01/22/2018 at 7:47am
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