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Nichole Johnson

515-224-4002
  • MLS® #: 576278
  • 1014 3rd Ave

  • Grinnell, IA 50112
  • $875,000
  • Commercial
  • Office: Re/max Pride Inc

The Peppertree at the Depot Crossing is a well-established & respected restaurant. Located in the magnificently renovated Chicago/RI/Pacific train depot (historic registry), the wonder & awe of this building adds to the value of this business, created with fine food & well-developed recipes. Customers can sit on the beautifully designed patio, where trains still pass just steps away. A great business model has been created that affords a buyer confidence to step in and continue with the same success. The owner has grown this operation significantly since opening in 2011, past 3 years revenues have grown consistently and that trend continues to current. Open only 26 hours per week, there is room for further opportunity. Located in close proximity to Central Park, Hotel Grinnell, and other attractions the restaurant is a natural draw for nearby event traffic. Well-established community relationships help provide consistent revenue. Local lenders are ready to assist the right buyer.

Essential Information

  • MLS® #576278
  • Price$875,000
  • Bathrooms0.00
  • Acres0.00
  • TypeCommercial
  • StatusActive

Community Information

  • Address1014 3rd Ave
  • AreaGrinnell
  • CityGrinnell
  • CountyPoweshiek
  • StateIA
  • Zip Code50112

Additional Information

  • Days on Market10
  • ZoningCOMM

Property Location

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The information being provided by the Des Moines Area Association of REALTORS® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.