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322 E Coolbaugh StreetRed Oak, IA 51566

Commercial · 0.06 Acres
$149,000 Active

322 E Coolbaugh Street Overview

Time on Site:
4 days
Visits:
9

Follow your dreams in this afforable restaurant investment!!! This successful operating restaurant includes 7,560 SQFT building, two ADA restrooms and all equipment at $149,000. This business will continue to operate. The 2,520 SQFT restaurant seats 50 patrons. There is a full spray foamed basement and 2 upper floors of 2,520 SQFT each. Serious inquries only. Call today to get started on owning your very own restaurant.

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322 E Coolbaugh Street Facts & Features

  • Type Commercial
  • Lot 0.06 Acres

Details

General

Listing Information

  • Contingency: None

Building Information

  • Year Built: 1900

Business Information

  • Current Use: Food Service,Restaurant

Location/Region

  • County Or Parish: Montgomery
  • Postal City: Red Oak

Tax Information

  • Tax Annual Amount: 1688
  • Tax Year: 2024

General Information

  • Parcel Number: 600628304011000
  • Possible Use: Restaurant
  • Property Type: Commercial Sale

Interior

Parking Information

  • Garage Spaces: 0

General Information

  • Accessibility Features: Doors 36\+,Hallways 42\+
  • Appliances: Cooktop,Refrigerator,Freezer
  • Basement: Full
  • Cooling: Central Air
  • Flooring: Carpet,Vinyl
  • Heating: Forced Air
  • Living Area Units: Square Feet

Exterior

Parking Information

  • Open Parking Spaces: 10
  • Parking Features: On Street

Lot Information

  • Lot Features: Corner Lot
  • Lot Size Dimensions: 21X120
  • Lot Size Square Feet: 2613.6
  • Lot Size Units: Acres
  • Road Responsibility: Public Maintained Road
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Business
  • Construction Materials: Brick
  • Roof: Flat,Rubber

General Information

  • Number Of Units Total: 1
  • Road Frontage Type: City Street
  • Sewer: City Sewer/Connected
  • Utilities: Electric Common,Heating Common,Hot Water Common

322 E Coolbaugh Street Neighborhood

Community

51566 (RED OAK) Demographics

45
Median Age
37
Population Density (per sq. mile)
33%
College Educated
$54,455
Estimated Median Income
2,076
Estimated Total Home Owners
818
Estimated Total Renters
72% / 28%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

322 E Coolbaugh Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

322 E Coolbaugh Street Market Data

Based on the last 30 days in this zip code

$217,087
Average List Price
$117
Average Price per Square Foot
10
Properties Sold
105
Average Days on Market
39
Properties for Sale
Calculations provided by Reliance Network

322 E Coolbaugh Street History

Date Event Value Agent
6/25/2026Source: NoCoast MLS Added to Database
June 25, 2026
2/21/2025Source: NoCoast MLS Added to Database
February 21, 2025
Listing provided courtesy of Rubey RealtyNoCoast MLS- MLS# 6339697MLS Provider