Lenox Iowa Grocery Store For Sale | Strong Income Potential

$169,000
Available
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Property Details

ID: 117922
Status: Available
Price: $169,000
Acres: 0.25
Type: Commercial
Address: 200 South Walnut St
City, State: Lenox, Iowa
County: Taylor
Zip Code: 50851
Presented By: Taylor Young

Description

Lenox Iowa Commercial Property for Sale | Operating Grocery Store with Built-In Refrigeration

Take advantage of this opportunity to acquire an established commercial property operating as a local grocery store at 200 N. Walnut Street in Lenox, Iowa. Offered at $169,000, the property includes a 5,880-square-foot commercial building situated on approximately 0.25 acre. The building is being offered as an operational grocery store with some existing inventory, providing a strong foundation for a new owner to continue serving the Lenox community.

Built in 1959, the building features durable concrete block or tile construction, commercial built-in refrigeration systems, two half bathrooms, and combination forced-air heating and air conditioning. The property previously operated with a meat counter, creating additional potential for expanded grocery, meat-processing, food-service, or specialty retail operations. Customers benefit from a dedicated parking area as well as convenient on-street parking. With city water, city sewer, commercial zoning, and a visible corner location near West Ohio Street, this property offers the infrastructure and flexibility needed for a variety of business uses.

Property Highlights

  • Operating local grocery store
  • Some existing inventory included
  • Built-in commercial refrigeration systems
  • Previously operated meat counter
  • Dedicated parking area and on-street parking
  • Combination forced-air heating and air conditioning
  • Concrete block or tile exterior construction
  • Commercial zoning
  • City water and city sewer
  • Strong income and business-development potential

Directions:

Coming into Lenox on N64, turn East on W Ohio St. Go 3 blocks to N Walnut St and it is the first building on the North side of Ohio St.

Showing Instructions:

Call Taylor to schedule a showing. 

Additional Details

Home Details

Sq Ft: 5880
Half Baths: 2
Year Built: 1959
Roof: Composition
Basement: None
Appliances: Built-In Refrigerator
Water Source: Public

Additional Info

School District: Lenox
Utilities: Sewer Connected
Road Frontage: City Street
Current Use: Commercial

Financial

Taxes (annually): $4,766
Taylor Young
Taylor Young
IOWA LAND Real Estate Agent

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