104 N 16th
Clarinda, IA 51632

$450,000

  • 4,820
    Square Feet

Garrison House ? For Sale Two Ways to Acquire This Established Restaurant & Lodging Business Garrison House offers a rare opportunity to step into a proven, profitable operation in two flexible structures, depending on the buyer's goals: Option 1 ? Restaurant Business Only: $150,000 Acquire the turnkey restaurant operation ? including established food, beverage, retail, and catering revenue streams ? while leasing the building from the seller. This path is ideal for an operator who wants to step directly into a running, profitable business without the capital outlay of real estate ownership. The restaurant alone generated $220,997 in total...read more income and $138,716 in gross profit through August 2026, with $29,717 in net ordinary income for full-year 2025. Option 2 ? Total Sale (Business + Real Estate): $450,000 For a buyer looking to own both the operation and the property outright, the complete package includes the restaurant business, the building, and the integrated lodging operation (B&B and Airbnb income). This structure offers full control ? no landlord relationship, direct ownership of the real estate, and the ability to capture both restaurant and lodging income streams (combined 2025 revenue of $276,487) under one roof. Why This Flexibility Matters Whether youre an operator looking to grow into ownership over time, or an investor seeking a full turnkey acquisition, Garrison Houses dual-option structure lets you choose the path that fits your capital position and l

Property Highlights

  • Heating

    Forced Air

  • Taxes

    $1,401 Taxes

  • Water

    Public

  • Year Built

    Built in 1900

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