508 W Market Street $449,900

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    508 W Market Street Steamboat Rock, IA 50672

    • 9,924 sq. ft.
    • 0.54 Acres
    • Commercial
    • MLS# 20244970
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    Property Details

    Thriving Bar & Event Center with Multiple Income Streams! Step into a fantastic opportunity with this successful bar and event center in a prime location! Featuring over 9900 sq ft of space & 2 garages. This vibrant venue offers an operable bar that will remain open until the new owner takes over, ensuring a seamless transition and continuous income. The property features a bar and spacious game room that draws regular visitors and keeps the atmosphere lively. The event center room provides an excellent space for private parties, corporate events, and live entertainment, further enhancing your profit potential. Two generous storage rooms with garage doors offer ample space for inventory and equipment. At the same time, the potential for a complete kitchen behind the bar opens the door to food service opportunities. Additionally, the Golf Simulator Room (Pro-Series widescreen, RARE $85,000+ value) presents an exciting extra income streamperfect for hosting tournaments or renting out to enthusiasts. With regular events such as live bands and food truck nights, this venue will attract a diverse crowd and keep the customers coming back. Located on the west side of the bar, an entire apartment or adaptable office spaces provide the option for additional rental income or convenient living quarters for the owner/operator. The exterior hosts a large beer garden & outdoor patio, rear entrance, and private garage parking. Don't miss your chance to own this dynamic and successful bar and event center, where the possibilities for growth and profitability are endless!

    • General Features
      • Possible Use Office, Retail
      • Sale Lease Includes Building,Business,Equipment,Furniture
      • Special Listing Conditions Normal Sale
      • Tax Annual Amount $5,041
      • Tax Year 2023
      • Year Built 2021
    • Building Features
      • Building Description Single Tenant,1 Story,Basement
      • Construction Materials Brick, Steel/WD Frame
      • Cooling Central Air
      • Exterior Finish Brick,Steel
      • Heating Forced Air
      • Roof Tar/Gravel
    • Property Features
      • Sewer City Sewer

    Contact

    Wendy Jorgensen

    Wendy Jorgensen

    Sales Associate

    Iowa

    RE/MAX Concepts

    Direct: 319-404-3944

    Neighborhood

    Neighborhood Details available exclusively for My Property Finder members

    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $449,900
    11/6/2024 11:36:00 AM New in Database Source: Multiple Listing Service New Value: $449,900

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    ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.


    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.