2070 E Main Street

Lamoni, IA
$ 150,000 Beds 0 Baths 0 Sq 3,264
Monthly Estimate* How much can I afford?

Business Opportunity! Priced to sell. This full service restaurant is ready for new ownership! Centrally located at the intersection of I-35 and US Highway 69 at the Lamoni, Iowa exit. Seating capability of 125 in the dining room and enclosed garden patio. Additional seating possible on the covered outdoor deck. All tables, chairs, dishes, flatware, and fixtures are included. Kitchen fully equipped with grills, fryers, stove/ovens, coolers, walk-in freezers, sinks and dishwasher. Second story currently houses a bakery but could be converted back to a 2 bedroom living quarters. This building could be used in so many ways and easily changed to a different dining concept or business opportunity. Lots of possibilities with this building priced at a fraction of replacement value. With 2 active Motels, the Lamoni Welcome Center, and Kum & Go convenience store at this interstate exit, this property is PRIME for success!

Commercial

  • Price
  • $ 150,000
  • Lot Size
  • Bedrooms
  • 0
  • Sqr Footage
  • 3,264
  • Full Bathrooms
  • 0
  • Year Built
  • 1972
  • Half Bathrooms
  • 0
  • City, Zip
  • Lamoni
  • Taxes
  • $ 10570
  • County
  • DECATUR
  • Style
  • Business
  • Area
  • Decatur
  • MLS#
  • 5686553
  • Zip
  • 50140
Listing Provided by: Preferred Properties of Lamoni
Data Source: Iowa Association of REALTORS®

Features

General

Agent First Name David
Agent Last Name Morgan
Available Utilities Electric Common, Heating Common, Hot Water Common
City Lamoni
Class COMMERCIAL (5+ UNITS)
Contingency None
Current Use Restaurant
DOM 384
Directions 69 Highway and I-35
Fips Code 19053
Fuel Natural Gas
HOA WCIR
Heating Forced Air
Listing Area Decatur
Municipality Lamoni
Potential Short Sale No
Price Per Sq Ft 32.44
Sale/rent For Sale
Sewer City Sewer/Connected
Status Active
Status Active
Street Name Main
Style Business
Tax Year 2019
Taxes 10570
Total Number of Units 1
Water City Water/Connected
Year Built 1972
Yearly/seasonal Yearly
Zoning Business/Commercial

Exterior Features

Photo Count 21
Exterior Brick/Stone, Metal
Foundation Size 3264
Lot Size Dimensions 150' x 290'
Lot Size Units Acres
Parking Characteristics Paved Lot
Potential Use Diversified, Lounge/Bar, Rest/Lounge, Restaurant, Retail

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Keokuk, IA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/20/2021 Listed $150,000

Property vs Zip Code Average in 50140

Price
AVG $90K
$150K
Taxes
AVG $4,471
$10,570
Year Built
AVG 1931
1972

Map

2070 E Main Street Lamoni, IA is a Single Family Home for sale at $150000 with 3264 sqft and a lot size of Acre(s). 2070 E Main Street Lamoni has 0 bedrooms, 0 baths and was built in 1972. The property's zip code is 50140 which is in Lamoni, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.