Gayle Schwarz - Coldwell Banker River Valley Realtors
820 Commerce
Decorah, IA 52101

Description

Located in Northeast Iowa, in the thriving community of Decorah, Iowa - the Stone Hearth Inn is a long-established restaurant and lounge. The facility was built in 1978 and offers over 4400 square feet, including the main and lower levels. The restaurant has seating on main for 100 with booths, tables and seating at the bar. Gas fireplace offers nice atmosphere for diners. Lower level is a sports bar with pool tables, TV's, dart boards, games - seats 70. This is a great area for smaller parties, receptions and family gatherings as it offers a casual seating along with a private entrance. Current owners been in the restaurant business for over 25 years. Income/expenses available to serious, qualified buyers. Net sales in 2017 exceeded $500,000. Sale price includes business, equipment, inventory. Food and liquor inventory to be taken at time of sale and added to the selling price. Many recent updates - including new dishwasher, compressor on walk-in freezer, vanities in restrooms, carpeting, landscaping, basement tile system and sump pump, counter height tables in dining room, remodeled upstairs bar area, ansul system, water heater, handicap access ramp and resurfaced parking lot. For pictures and info on the restaurant, visit website: www.stonehearthdecorah.com

Details

MLS#20161511
StyleIndustrial
Sub-TypeResale
StatusActive
Year1978
Days On Site279

Features

SQ Feet4,520
Story(s)1
ZoningC

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Attachments

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Area Information

StateIA
CountyWinneshiek
CityDecorah
Zip Code52101
AreaWinneshiek
Listing VS Median (in 52101)
Price:
$425,000
low | high
Med:
$134,900
100% of Average
SqFt:
4,520
low | high
Med:
1,062
100% of Average
$ / SqFt:
$94
low | high
Med:
$128
14.246606334841% of Average
On Site:
279
low | high
Med:
106
100% of Average
Listing Updated: 01/15/2019
MLS Number: 20161511
Listing Provided By:
Barbara Smed  of  Keller Williams Legacy Group