1410
N Broadway St
Red Oak, IA
Business Opportunity
3%
BUSINESS
OPPORTUNITY
  • List Price
    $295,000
  • Beds
    0
  • Baths
    2
  • Square Feet
    3,447
  • Year Built
    1988
  • Lot Size
    1.03 Acres
A freestanding, ±3,483 SF quick-service restaurant building with an intact, operational drive-thru is available on Broadway in Red Oak — the city's primary retail and commuter corridor. Built in 1988 on a ±1.03-acre (±44,867 SF) parcel, the building sits on a highly visible site with frontage on four streets: ±120 FT on Broadway, ±270 FT on Linden St, ±120 FT on 1st St, and ±60 FT on Oak St, supported by multiple points of ingress/egress and 63 on-site concrete parking spaces.

Broadway carries approximately 7,568 vehicles per day past a site directly across from the Hy-Vee anchored retail center. The immediate area is reinforced by strong daily-needs demand drivers: Red Oak Community High School (900+ students) and Inman Elementary (500+ students) are both under a mile away, Montgomery County Memorial Hospital (a 25-bed regional facility) is approximately 1.5 miles out, and Red Oak Municipal Airport and Southwestern Community College's Red Oak Center sit within about a mile. The 5-mile trade area totals roughly 6,196 residents with an average household income near $82,281.

Rachelle Edwards

Realtor
S69992000

John Jerkovich

Heartland Properties, Inc
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