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920 Parriott Street
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Retail bar and restaurant property for sale in Aplington, Iowa.
- Sale includes three separate parcels with multiple functional buildings.
- Facility features a party and event space for business use.
- Property includes additional warehouse and shop space for storage.
- Investment is currently listed at an asking price of $269,000.
- Financial performance metrics reflect a cap rate of 48.33%.
What's Special
Operating as a bar and restaurant, this retail property at 920 Parriott Street in Aplington, IA, offers a versatile investment across three distinct parcels. The site features an established bar and restaurant facility, a dedicated space for parties and events, and additional warehouse storage or shop space. This configuration provides functional flexibility for an owner-operator or an investor seeking diverse revenue streams within a small-town Iowa setting. The property’s footprint supports continued service in the hospitality sector while offering the necessary auxiliary space for maintenance, inventory, or expansion of operations. With its central location and multi-building layout, the site is well-positioned for businesses requiring a combination of retail frontage and functional back-of-house facilities. The regional economic landscape remains rooted in stable, localized commerce, making this an accessible entry point for those looking to acquire an income-producing asset with a significant cap rate of 48.33%.
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