11 Benton Ave, Albia, IA 52531

7,040 SF | 100% Leased | Retail Building | Albia, IA 52531 | $345,000 ($49/SF)

Asking Price $345,000

Property Type
Retail, Restaurant
Square Feet
7,040 SF
Price / Square Foot
$49

Listing Contacts

Tyler Boley
Tyler Boley

Property Overview

Opportunities to own historic properties in Albia don't come around very often, and the Skean's Block is a prime building for your next investment! Currently being operated as a restaurant/bar, the possibilities for use are endless! Built in 1889, the charm and character in the architecture are unmatched! Large floor to ceiling windows at the front of the building let in tremendous amounts of warmth and natural light to the furnished dining and bar areas. Off the dining and bar areas is the kitchen, featuring a double pizza oven and prep table, eight burner gas commercial over, full hood system, two commercial size fryers, commercial dishwasher, stainless steel tables, walk-in cooler and freezer, Vantes three burner flat top, ample shelving and storage, triple rinse sink station, and numerous pots, pans, trays, utensils, silverware, and plates. The on-site office is located down the hall of the first floor, along with separate male and female restrooms. Up the staircase is an exquisite furnished banquet hall with approximately 100-person seating capacity. The second story of this magnificent building also features a kitchenette, conference rooms, and separate male and female restrooms. The building's exposed brick walls, alluring hanging lights, magnificent woodwork, beautiful stained-glass windows, and antique hardware are truly a designer’s dream! Aside from the exceptional interior amenities, this property includes an outdoor patio area and deck with gate access to Princeton Alley. This is an incredible opportunity to own and operate a turn-key business in the heart of Albia, Iowa!

Property Details

Year Built
1889
Stories
2
Property Subtype
Other Restaurants
Lot Size (sq. ft)
5,663 SF

Highlights

  • Great location
  • Spacious outdoor patio
  • Large banquet hall seating approximately 100

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