854 Washington Street

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854 Washington Street

Burlington, IA 52601
Asking Price
$270K
Asset Type
Restaurant Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail restaurant space available for purchase at 854 Washington Street
  • Priced at 269900 dollars for the Burlington commercial property
  • Located in the 52601 zip code of Burlington, Iowa
  • Versatile layout suitable for dining or specialized food service operations
  • Property sits within an established district of the Iowa municipality

What's Special

Situated within the historic landscape of Burlington, Iowa, 854 Washington Street presents a clear acquisition for commercial investors or owner-operators. This retail asset, currently configured for restaurant use, occupies a position in a town known for its strong community ties and proximity to the Mississippi River. The regional economy relies on a mix of manufacturing, healthcare, and service industries that support steady local commerce. Given its existing layout, the property serves as a functional foundation for dining operations, catering ventures, or specialized food services. The site provides versatility for those looking to capitalize on established commercial infrastructure in a growing suburban market. Prospective buyers will find this retail space well-positioned to serve the immediate surrounding area, benefiting from the consistent foot traffic typical of a downtown district. Its layout supports various floor plans, making it an appropriate choice for business owners seeking a move-in ready or renovatable restaurant footprint in Burlington.

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NOI
$80,000
Cap Rate
29.64%
DSCR
4.99
Strong
Cash-on-Cash
79.01%
Monthly Payment
$1,335.318
Annual Cash Flow
$63,976.185

Location & Travel Times