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    1014 3rd Avenue

    Grinnell, IA 50112
    • $675,000
    • STATUS: Active
    • ON SITE: 9 days
    • MLS #: 637401
    UPDATED: 23 min ago
    $675,000
    • 0
      BEDS
    • 0.62
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,506
      SQFT
    • $104
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    The Peppertree at The Depot Crossing is a turnkey restaurant located southeast of Grinnell's downtown square in the Grinnell Passenger Station building, the former Chicago, Rock Island and Pacific Railroad train station listed on the National Registry of Historic Places. Central Park, Hotel Grinnell, Grinnell College and other attractions are all nearby. The restaurant is a natural draw for nearby trafficThe beautiful restaurant underwent a nearly $3 million renovation and is loaded with character and history with trains still running by daily. The breathtaking dining room offers plenty of windows for natural light, brick walls and wood ceilings with the original look of the train depot from 1900. The bar / lounge area has reclaimed wood from the old train station and walks-out to the open patio for outdoor dining. Downstairs is additional space for banquets, receptions and corporate events.The turnkey restaurant is fully equipped, fully operational, very clean and ready to open for the next owner. The restaurant operated under the current owner for 10 years seeing excellent revenues its entire existence. The restaurant closed due to the owners planned retirement and the Grinnell community is awaiting the new owner!

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    © 2021 Des Moines Multiple Listing Service. IDX information 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. Data is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Capital City. Data last updated: 2021-09-20T07:21:38.157.
    www.exitrealtycc.com/homes/121329673
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    1014 3rd Avenue Grinnell, IA 50112

    • Price: $675,000
    • Status: Active
    • Updated: 23 min ago
    • MLS #: 637401
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.62
    Acres
    6,506
    SQFT
    $104
    $/SQFT
    1900
    Built
    Neighborhood:
    Grinnell
    County:
    Poweshiek
    Area:
    Grinnell
    School District:
    Grinnellnewburg
    Property Description
    The Peppertree at The Depot Crossing is a turnkey restaurant located southeast of Grinnell's downtown square in the Grinnell Passenger Station building, the former Chicago, Rock Island and Pacific Railroad train station listed on the National Registry of Historic Places. Central Park, Hotel Grinnell, Grinnell College and other attractions are all nearby. The restaurant is a natural draw for nearby trafficThe beautiful restaurant underwent a nearly $3 million renovation and is loaded with character and history with trains still running by daily. The breathtaking dining room offers plenty of windows for natural light, brick walls and wood ceilings with the original look of the train depot from 1900. The bar / lounge area has reclaimed wood from the old train station and walks-out to the open patio for outdoor dining. Downstairs is additional space for banquets, receptions and corporate events.The turnkey restaurant is fully equipped, fully operational, very clean and ready to open for the next owner. The restaurant operated under the current owner for 10 years seeing excellent revenues its entire existence. The restaurant closed due to the owners planned retirement and the Grinnell community is awaiting the new owner!
    Exterior Features

    Construction Materials BrickFrameStone Roof AsphaltShingle

    Interior Features

    Cooling Central Air Heating Forced AirGasNatural Gas Heating YN Yes Interior Features Wet Bar

    Property Features

    Lease Considered YN No Listing Terms CashConventional Property Sub Type Retail Security Features Security SystemFire AlarmSmoke Detector(S) Sewer Public Sewer Tax Annual Amount 0 Water Source Public Zoning Com

    Listing provided courtesy of Coldwell Banker Mid America. © 2021 Des Moines Multiple Listing Service.
    © 2021 Des Moines Multiple Listing Service. IDX information 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. Data is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Capital City. Data last updated: 2021-09-20T07:21:38.157.
     
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