305-309 Gilman St 14,450 SF 100% Leased Retail Building Sheffield, IA 50475 $2,057,435 CAD ($142.38 CAD/SF)

This offering presents a rare opportunity to acquire Block 10, a fully operational and established restaurant, coffee shop, and event venue located in the heart of Sheffield, Iowa. Operating since 2017, the property combines real estate, business, furniture, fixtures, and equipment in a true turnkey package, eliminating the need for immediate capital expenditures. The building has been renovated with significant upgrades, ensuring longevity and operational efficiency while preserving its character and functionality.
The asset includes two parcels encompassing both the restaurant and adjacent lounge, delivering versatility for multiple revenue streams. Block 10 has become a recognized destination for travelers and locals, benefiting from a strong reputation, established clientele, and consistent performance. The location provides regional visibility with access via Highway 65 and County Road C13, positioned conveniently for surrounding communities. This sale offers an attractive opportunity for an investor or an owner-operator seeking entry or expansion in the thriving hospitality sector with a proven foundation for growth.