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2274 Hwy 63 Highway

Oskaloosa, IA 52577
  • $575,000
  • STATUS: Active
  • ON SITE: 127 Days
  • MLS #: 674066
UPDATED: 10 min ago
$575,000
  • 0
    BEDS
  • 2.77
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,436
    SQFT
  • $68
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1972
County:
Area:

School Ratings & Info

School District:

Description

**REDUCED PRICE** This turnkey restaurant is ready for operation with all restaurant equipment & furniture. A formal dining room that can accommodate large private functions, an upscale bar / lounge area and a large patio for outdoor seating. The 8,400 + square foot restaurant sits on 2.77 acres with plenty of parking for the busiest of nights. The Peppertree has been a landmark in Oskaloosa for years and has been the host to many receptions, reunions, parties and events. The restaurant has been under current ownership for 17 years and an excellent opportunity for the next owner as the community is impatiently waiting for the venue to reopen. Prior to closing, The Peppertree was boasting the best revenues in its existence being open only 17 hours a week, leaving room for expansion and additional revenue possibilities

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© 2023 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 Pennie Carroll & Associates. Data last updated: 2023-10-01T12:22:15.843.
www.penniecarroll.com/homes/139932931
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2274 Hwy 63 Highway Oskaloosa, IA 52577

  • Price: $575,000
  • Status: Active
  • On Site: 127 Days
  • Updated: 10 min ago
  • MLS #: 674066
0
Beds
0
Baths
0
½ Baths
2.77
Acres
8,436
SQFT
$68
$/SQFT
1972
Built
Neighborhood:
Oskaloosa
County:
Mahaska
Area:
Oskaloosa
School District:
Oskaloosa
Property Description
**REDUCED PRICE** This turnkey restaurant is ready for operation with all restaurant equipment & furniture. A formal dining room that can accommodate large private functions, an upscale bar / lounge area and a large patio for outdoor seating. The 8,400 + square foot restaurant sits on 2.77 acres with plenty of parking for the busiest of nights. The Peppertree has been a landmark in Oskaloosa for years and has been the host to many receptions, reunions, parties and events. The restaurant has been under current ownership for 17 years and an excellent opportunity for the next owner as the community is impatiently waiting for the venue to reopen. Prior to closing, The Peppertree was boasting the best revenues in its existence being open only 17 hours a week, leaving room for expansion and additional revenue possibilities
Exterior Features

Construction Materials Metalsiding Road Surface Type Asphalt Roof Metal

Interior Features

Cooling Centralair Cooling YN Yes Flooring Carpet Heating ForcedairGasNaturalgas Heating YN Yes Interior Features WetbarWindowtreatments

Property Features

Association Fee Includes Seeremarks Lease Amount 599000 Lease Considered YN No Listing Terms CashConventional Property Sub Type Retail Property Sub Type Additional Retail Security Features SecuritysystemFirealarmSmokedetectors Sewer Publicsewer Tax Annual Amount 4800 Tax Year 2020 Water Source Public Zoning Com

Listing provided courtesy of Coldwell Banker Mid-America: (515) 270-5252. © 2023 Des Moines Multiple Listing Service.
© 2023 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 Pennie Carroll & Associates. Data last updated: 2023-10-01T12:22:15.843.
 
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