202 S Cherry Street, Shell Rock

Property Description

This well-established turnkey Pub/Cafe for sale in Shell Rock, IA is a great opportunity to be your own boss! Nestled near the Shell Rock River, the Riverview Cafe has been a staple in Shell Rock for over 40 years and it's never looked better! The 3740 (+/-) square foot building has stood the test of time and has had many updates including tuckpointing in 2019, a new awning in Oct 2022 and roof in 2015. When you enter the dining area entrance you'll see new flooring, room to seat 40 (+/-) people and have easy access to the bar area with seating for an additional 30 (+/-) people. There is a conveniently located back door for loading and unloading supplies that is near the walk-in cooler that had a new compressor in June 2022. Other equipment upgrades include ice machine, freezer, baffles in kitchen hood in 2019, new furnace and central air in Sept 2021, a new broaster in Feb. 2022, a new fryer in Feb 2023 and much more. The women's restroom has 2 toilets and a sink, the men’s restroom has 1 toilet, 1 urinal and a sink. Use the completely remolded and furnished two bedrooms, 1 bath apartment above the restaurant for an office, rent it for additional revenue or reside there to save on living expenses. The apartment has its own meter for electricity, a new furnace, new air conditioner, newer windows (2015) and roof. The sale of the property includes 3 empty lots to the east of the building - the lot(s) have capped water lines - estimated 1500sq ft per lot. With a solid community customer base, Riverview Cafe has proven to be successful. The apartment above the restaurant has the best seat in the house during the infamous 4th of July celebration. Enjoy the new fence and custom "wood grain look" stamped cemented outdoor patio this summer - perfect spot for live music! Current owners are retiring and ready to sell! Don’t wait - call your favorite realtor today to schedule a showing and come see for yourself all this property has to offer.