24 Park Street, Spencer, IA 51301 for Rent

MLS #240884 | Bojihomes.com

$2,750

  • N/A
  • N/A
  • 7500
  • Withdrawn
Withdrawn

General Description

This is your opportunity to operate one of the finest restaurant facilities in Northwest Iowa! This 1898 historic church exudes character. It was moved to the site in 2009 and set up above a 6600 sq foot first floor with a spectacular view of the Little Sioux River. Available are the upper floor restaurant and former Kings bar downstairs. The contents are included in rent making this a nearly turnkey operation with exception of point of sale system. The property includes geothermal heating and cooling. The outside grounds lend themselves to large event gatherings/wedding venue. Capacity of lower level is 115 plus backyard seating. Up is 120 plus a wraparound deck seating 50 more! Rent listed is for the second floor restaurant only. Please note the lower level could also be converted to retail or office space! The owner is a licensed real estate broker for the state of Iowa

Legal: to be taken from abstract
Status: Withdrawn

Property Information

240884

$2,750

Rent

Business Opportunity

COMMERCIAL

24 W Park Street

Spencer

IA

51301

7500

9672

2024

2009

Utilities

No

LISTED BY

Integrity Real Estate, David Jacobsen (712.337.6500)

PROPERTY LOCATION

MORTGAGE CALCULATOR


Aaron Jones - ABR | SRS, RE/MAX Hall of Fame & Lifetime Achievem

Aaron Jones

ABR | SRS, RE/MAX Hall of Fame & Lifetime Achievem

Will Kretsinger - REALTOR

Will Kretsinger

REALTOR

Ask About this Property #240884

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Haywards Bay

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Cheap vs high end quality. A buyer's perspective.

Cheap vs high end quality.  A buyer's perspective. in The

Here's the scenario. You are building a house or remodeling your house. Material costs are up. Labor costs are up. You ask yourself, where can I save a buck? Before answering this question, you must be careful, especially if your home is located in an area where other quality homes are built, whether on the lake, off the lake, or in higher valued developments such as golf course developments, etc. Growing up in construction and with a plethora of new construction and remodels under my belt, let me share with you some of the easy things that your future buyers will recognize when they are looking for quality.
1. One of the first things buyers of higher end homes will look for is to determine if the owner used hollow core doors. It's an immediate sign that the seller was looking for ways to save money (where else then did they cut back that I can't see???)
2. The second most obvious is the counter tops. Did the sellers spend for a quality granite, quartz, or other hard surface, or was formica used?
3. The third item that might stick out is the cabinetry. Do the drawers have dovetail construction with hardwoods? Did they use "soft close" drawers? Are there pull outs for the pots and pans?
4. Flooring is an easy one also. Was laminate used, or is it engineered or hardwoods? Does the carpet convey a quality feel and plushness? Is there a nice thick pad underneath the carpet?
5. Though there are many other items to look at, cheap vs quality lighting and plumbing fixtures are probably the next major focus.

There is nothing wrong with with using lower cost materials, especially when trying to keep a project within budget, especially when trying to build more house for less money. Just be aware that most buyers looking to spend in excess of $300k for off lake homes and $500+ for East Lake chain homes, and $1M+ for West and Big Spirit will expect the very best materials and finishes.

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