2274 Hwy 63 Highway, Oskaloosa, IA

Retail for Sale - $575,000 - 8,436 Sq. Ft.


Agent Info

Matt Shaw
Coldwell Banker Mid-America

Property Info

CIMLS#1147983
Location
  2274 Hwy 63 Highway
  Oskaloosa IA 52577
UpdatedMarch 25th, 2024
TypeRetail
Price$575,000
Building8,436 Sq. Ft.

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


Financials