For Sale Commercial Real Estate Listings in Story City, Iowa
FOR SALE * $179,999 * Retail * Story City, Iowa * Full Listing
German Restaurant http://www.old-hamburg.com directly on exit 124 of Interstate I-35 only 10miles north of Ames (ISU). Restaurant sits at the Top of a Hotel next to the Kum-and-go gas station. Will owner finance with appropriate down payment. Land is on a 1089 year land lease, which is still running for 1087 years and is FULLY PAID !!! The building and all equipment is owned. Because of the land lease the taxes are only US$2900 a year as the Hotel pays the land taxes. I set this up when I sold the Hotel and retained the Restaurant to benefit me. The parking lot can be fully used without paying maintenance, another benefit I created. Please call me on (320)321 0135 or e-mail at lohse@old-hamburg.com with any more questions.
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