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2601 Madison Avenue Burlington, IA 52601 Commercial - Investment

  • 2601 Madison Avenue, Burlington, IA 52601 Main Photo

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Description

Make your business dreams come true with this incredible opportunity! This building was previously used as a bowling alley and then most recently as a brewing company and restaurant. With over 18,000 SF on 1.7 acres, this property is located next to both Dankwardt & Crapo Parks and ready to be home to a great business! Inside you will find a large, raised foyer area, with approximately 2,500 SF of restaurante/lounge space that has an epoxy flooring along with a kitchen and dishwashing area. There are shared restrooms along with handicap accessible private restrooms. On the south end of the building is a 1,000 SF room (previously used for private parties) with 2 single stall bathrooms. The former brewing room is 12,750 SF and includes an 11' x 12' automatic door. On the north end, there is a 1,200 office area (with private exterior entrance) and a separate bathroom. A large outdoor patio area spans the front of the building for outdoor entertainment. Paved parking lot provides ample space for customers/employees to park. Also note that with separate entrances throughout, the building could be separated to accomodate different businesses as well.

Property Highlights

Property Type: Commercial - Investment
Year Built: 1942

General Information

County: Des Moines
Listed By:
RE/MAX Real Estate Specialists 319-752-8888
No Coast MLS
$449,000
Est. $2,968/mo
Active
MLS#6338811
STATUS PROPERTY TYPECommercial - Investment

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Ruhl&Ruhl Realtors
563.441.1776

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2601 Madison Avenue, Burlington, IA 52601.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $449,000$449,000$449,000
Down Payment $89,800$15,715$112,250
Monthly Mortgage Amount $2,212$2,715$2,774
Taxes $625$625$625
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$198$0
Monthly Estimated Total $2,968$3,668$3,530

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About this area

Iowa/Burlington
Burlington

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About Burlington

Burlington, IA is situated near the Mississippi River in Des Moines County and is home to one of the world’s most crooked alleys—Snake Alley. The city is surrounded by a myriad of outdoor recreation, family activities, and dining experiences. It sits in the middle of a metropolitan region with the surrounding areas being West Burlington, Middle Town, and Gulf Port.

Burlington is a rapidly growing city in many different areas. The downtown area is full of shops and places to eat as well as historical homes lining the downtown streets. The city is also home to the famous NFL quarterback Kurt Warner who won two NFL MVP awards. On summer nights you will hear your city’s pride for their semi-pro baseball team—the Burlington Bees—straight from your home’s backyard. Burlington is also home to Iowa’s oldest newspaper, The Hawk Eye. Lastly, the first backhoes rolled off the assembly line at the Burlington Backhoe plant in 1967, which is now the only plant in the United States that produces the Case Loader/Backhoe, giving Burlington the nickname Backhoe Capital of the World.

Homes for sale in Burlington range from riverfront views to new construction neighborhoods. The community is served by the Burlington Community School District, which features many K-12 schools.

If you are ready to start your real estate buying or selling journey, browse the newest homes for sale in Burlington, IA. You can also contact us—we are here to help!

Nearest Ruhl & Ruhl Office: Burlington
403 South Gear Avenue
Suite 105
West Burlington, IA 52655
(563) 441-1776

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