Commercial Sale For Sale
0.62 Acre - 1014 3rd Avenue, Grinnell, Iowa 50112
The Peppertree at The Depot Crossing is a turnkey restaurant located southeast of Grinnell’s downtown square in the Grinnell Passenger Station building, the former Chicago, Rock Island and Pacific Railroad train station listed on the National Registry of Historic Places. Central Park, Hotel Grinnell, Grinnell College and other attractions are all nearby. The restaurant is a natural draw for nearby trafficrnrnThe beautiful restaurant underwent a nearly $3 million renovation and is loaded with character and history with trains still running by daily. The breathtaking dining room offers plenty of windows for natural light, brick walls and wood ceilings with the original look of the train depot from 1900. The bar / lounge area has reclaimed wood from the old train station and walks-out to the open patio for outdoor dining. Downstairs is additional space for banquets, receptions and corporate events.The turnkey restaurant is fully equipped, fully operational, very clean and ready to open for the next owner. rnrnThe restaurant operated under the current owner for 10 years seeing excellent revenues its entire existence. The restaurant closed due to the owners planned retirement and the Grinnell community is awaiting the new owner!
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