112 W Division Street $600,000

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    112 W Division Street West Burlington, IA 52655

    • 2.89 Acres
    • Commercial
    • MLS# 6317654
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    Views: 49 Days On Site: 173

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    Property Details

    The Maid Rite Diner is an iconic restaurant located in West Burlington, Iowa. Built in 2000, the restaurant sits on 2.89 acres in the Flint Ridge Business park. The Maid Rite is a full service stand alone restaurant and is set up as a 50's style diner that has seating for up to 118 patrons. This location has excellent traffic from the Burlington Area Rec Plex, The Turf indoor sport facility, Great River Health Systems and retail shopping. The current owner has been in business for 40+years and is looking to retire and will stay on to help train new ownership if desired. Sales at this location have been consistent and increasing. The business is being sold as a going concern value and all FFE is included in the sale. New owner can choose to keep the Maid Rite franchise or re-brand to a new opportunity!

    • General Features
      • Tax Year 2021
      • Net Taxes $11,528
      • Current Use Restaurant
      • Potential Use Restaurant, Retail, Other
    • Building Features
      • Accessible No Stairs Internal
      • Heating Forced Air
      • Style Other
    • Property Features
      • Exterior Brick/Stone
      • Available Utilities None
      • Fuel Natural Gas
      • Parking Characteristics Uncovered/Open
      • Sewer City Sewer/Connected
      • Water City Water/Connected
      • Total Number of Units 1

    Contact

    Matthew Karjalahti

    Matthew Karjalahti

    Broker, Owner

    Iowa

    RE/MAX PARTNERS REALTY

    Mobile Phone: 641-260-0672

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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $600,000
    5/29/2024 4:12:00 PM New in Database Source: Multiple Listing Service New Value: $600,000

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    Listing information is provided in part by the Internet Data Exchange (IDX) program of the Iowa Association MLS. The information on this website is provided exclusively 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. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2024 Iowa Association MLS. All rights reserved.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.