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30 E State St
Mason City, IA 50401
Asking Price
$319K
Asset Type
Restaurant Retail
Class
Class B
What's Special
Retail | 10,310 SqFt <ul><li>Prime Downtown Location! It's a great corner to start something new or continue what exists!</li><li>Main level was remodeled in 2022 for a restaurant/bar</li><li>The space offers a great vibe with overhead doors that will bring the outside in during those warm seasons</li><li>Upper level has been cleaned out and is a blank canvas ready for a makeover with endless possibilities</li><li>Lower level offers great storage</li><li>Current bar, kitchen prep, set up and dining contents ar
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NOI
$80,000
Cap Rate
25.08%
DSCR
4.22
Strong
Cash-on-Cash
63.80%
Monthly Payment
$1,578.238
Annual Cash Flow
$61,061.145
