Bar & Pub

Lake City, IA Bars & Pubs for Sale

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Historic Carnegie Retail Space
Updated: Apr 28, 2025
Historic Carnegie Retail Space

120 N Illinois Street, Lake City, IA 51449

$85,000
1,833‑square‑foot main floor with approximately 1,800 SF basement
Built in 1900 as a Carnegie Library
Brick construction with high ceilings and large windows
Extensive interior and exterior renovations completed in 2016; updated in 2024
Previously operated as the Carnegie Cafe restaurant and bar
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Lake City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant Building with Equipment
Restaurant Building with Equipment

501 Ann St, Irwin, IA 51455

$99,000
2,304 sqft 0.07 AC lot

Commercial kitchen equipment, dining furnishings, and a walk-in cooler are included with the property.

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Equipped Restaurant Building
Equipped Restaurant Building

501 Ann St, Irwin, IA 51455

$99,000
2,304 sqft

Commercial cooking equipment and dining furnishings are included with the property.

View details
Three-Story Mixed-Use Building
Three-Story Mixed-Use Building

1101 Central Ave, Fort Dodge, IA 50501

$100,000
0.08 AC lot

Downtown property combines café and bar space with apartments and recent first-floor window and tuckpointing work.

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Bar and Lounge with Kitchen
Bar and Lounge with Kitchen

1115/22 1st Ave N N 12th St, Fort Dodge, IA 50501

$295,000
0.04 AC lot

The property combines a bar/lounge setting with an on-site kitchen.

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Off-Market Properties in Lake City, IA

Consider similar Off-Market properties in Lake City, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

116 Illinois St
NIGHTCLUB (COCKTAIL LOUNGE)

116 Illinois St, Lake City, IA 51449-1707

Estimated value:
$260,000
2,552 sqft 0.06 AC lot
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Lake City, IA Bars & Pubs Market Trends and Statistics

Explore 2 bars & pubs for sale in Lake City, IA on our real estate platform.

Sale prices for pubs in Lake City, IA average $85,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 1
Conventional restaurants 1

Demographics Overview

Population 1,951
Population Growth (5Y) -9.7%
Median Household Income $66,750
College Educated 24.8%

High-Yield Neighborhoods for Investment

Identify Lake City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
51449 $85K

Taxes & Financing

Tax Rate (average for all types) 1.94%
Property Tax per SF $20.02 per SF
Tax Rate vs County Average 0.25 pp above county avg
Average Loan-to-Value 65.0%

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