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2274 Highway 63
Oskaloosa, IA 52577

The Peppertree · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
8,436 SF
Building Class
C
Year Built
1972
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
2.77 AC
Zoning
commercial
Parking
50 Spaces (5.93 Spaces per 1,000 SF Leased)

Amenities

  • Conferencing Facility
  • Restaurant
  • Signage
  • Air Conditioning

About 2274 Highway 63 , Oskaloosa, IA 52577

NEW PRICE!!! The Peppertree is an Oskaloosa landmark, hosting loyal customers for fourteen years under current ownership. This business has thrived, and doubled profits year-over-year for the past three years. Success and attention to detail has been of primary focus for the owner, and the result is a turn-key opportunity. The owner has a reputation for fine food that is second-to-none and 30+ years in development of the menu.Open just 26 hours per week, the revenues are outstanding, but as you can see there is also the possibility of expansion. The restaurant hosts many parties and events, and also offers exceptional catering. The building offers a formal atmosphere for guests, as well as a more casual bar side. The banquet facility can accommodate 250+. There is a large outdoor seating area. Parking in the oversized lot is never an issue for events. This is a gem of an opportunity for a buyer looking to make waves in the hospitality industry. We have local lenders waiting to meet the right owner and approve financing at the new list price. Call for more info.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-01-426-007
Land Assessment
£51,267
Improvements Assessment
£202,209
Total Assessment
£253,476
  • Listing ID: 12934650

  • Date on Market: 19/06/2018

  • Last Updated:

  • Address: 2274 Highway 63, Oskaloosa, IA 52577

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