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100 E Jefferson Street Corydon, IA 50060 • Commercial - Retail

  • 100 E Jefferson Street, Corydon, IA 50060 Main Photo

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Description

Exceptional turnkey business and investment opportunity in the heart of Corydon! The Brick is a distinctive, multi-use property featuring five brand-new guest suites, an impressive event center, a full-service bar and restaurant, and the well-known Ludlow's Steakhouse?all under one roof. The event center is perfectly suited for weddings, receptions, reunions, corporate events, celebrations, and community gatherings. Thoughtful amenities include separate bridal and groom's lounges, along with a welcoming commons area where guests can gather and relax. Five newly completed guest suites provide comfortable accommodations for wedding parties, visiting family members, weekend travelers, and extended stays, offering an additional income stream that complements the event venue and restaurant. The inviting bar and restaurant provide the perfect setting for dining, private gatherings, local meetings, and community events. As a recognized local dining destination, Ludlow's Steakhouse adds established appeal and character to this remarkable property. With lodging, dining, bar service, and event space combined in one convenient downtown location, The Brick offers multiple potential revenue streams and an opportunity to step into an established operation. This turnkey business is ready for its next owner to continue its success and build upon its incredible potential.

Property Highlights

Property Type: Commercial - Retail
Year Built: 1904

General Information

County: Wayne
Subdivision: COR ORIG CORYDON
Listed By:
Bogle Realty LLC 641-437-4663
No Coast MLS
$850,000
Est. $6,070/mo
Active
MLS#6342925
STATUS PROPERTY TYPECommercial - Retail SUBDIVISIONCOR ORIG CORYDON

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Ruhl&Ruhl Realtors
563.441.1776

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100 E Jefferson Street, Corydon, IA 50060.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $850,000$850,000$850,000
Down Payment $170,000$29,750$212,500
Monthly Mortgage Amount $4,639$5,693$5,686
Taxes $1183$1183$1183
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$374$0
Monthly Estimated Total $6,070$7,498$7,117

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