Description
Block 10 is a hidden gem in the heart of Iowa. This amazing renovated building and business are a travelers destination spot for special events, great food and specialty coffee. Block 10 has been a well established coffee shop located in Sheffield Iowa since 2017. Turn key opportunity for a buyer who is seeking a well-known community business with growth potential including business, furniture, fixtures, equipment, and real estate. Recent investments have been made to the property, including major building improvements, decreasing immediate capital expenditures. The business has an established customer base, strong community recognition, and a proven operating history. Block 10 presents an opportunity for an owner ? operator, investor, or entrepreneur seeking an established business. Decor is negotiable. Please note; listing is two parcels 0304382018 ( restaurant) and 0304382010 ( lounge).
Property Highlights
Property Type: Commercial - Investment
Year Built: 1921
General Information
County: Franklin
Listed By:
Century 21 Preferred
641-424-9400
No Coast MLS
MLS ID: 6340153
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305-309 Gilman Street, Sheffield, IA 50475.
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,449,000 | $1,449,000 | $1,449,000 |
| Down Payment | $50,715 | $0 | $289,800 |
| Monthly Mortgage Amount | $8,645 | $9,114 | $7,232 |
| Taxes | $2017 | $2017 | $2017 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $869 | $0 | $0 |
| Monthly Estimated Total | $11,954 | $11,554 | $9,672 |