NEW PRICE: 17455 Gunder Rd, Postville IA

Own a piece of Clayton County's history and bring this historical restaurant back to life.

NEW PRICE: $89,900
MLS #20213072
Dubuque MLS #142763

Own a piece of Northeast Iowa’s history and bring this historical restaurant back to life. The Shanti in Gunder Iowa has been one of the areas greatest restaurant attractions for many years. Famously known for its “Gunder Burger” which is a 1 1/4 pound mouth watering hamburger that not everyone has been able to finish in one sitting. This is a turn key restaurant full of equipment. Get ready to pack the house again with seating capacity of about 110. Priced at $89,000 it would be hard to purchase new equipment for this price.

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  • Address: Elgin, Iowa 
  • Phone Number: 563-539-4136 
  • Legal Description: LOT 1 BLK 1 & LOT 1 SE CORN SW NE 11 94 6 
  • Owner: Lucas Gibbs 
  • Terms: Cash or Conventional 
  • Possession: Upon Closing 
  • Price: $89,900 
  • Year Built : 1900 
  • House Size : 3,194 sq ft 
  • Lot Size: 13,504 sq ft, 0.31 acres 
  • Heat: FHA- Natural Gas 
  • Air Conditioning: Central A/C 
  • Exterior: Vinyl Siding 
  • Remarks: Own a piece of Clayton County's history and bring this historical restaurant back to life. The Shanti in Gunder Iowa has been one of the areas greatest restaurant attractions for many years. Famously known for its "Gunder Burger" which is a 1 1/4 pound mouth watering hamburger that not everyone has been able to finish in one sitting. This is a turn key restaurant full of equipment and some inventory ready for you to pack the house again with seating capacity of about 110. 
  • Taxes: $1,705/yr. 
  • Disclosure: The following information, although believed to be accurate, is not guaranteed or warranted by the listing office.