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    111 E Madison St Mount Ayr, IA 50854

    For Sale
    $125,000

    Commercial Sale, Business - Mount Ayr, IA

    Lot size:
    0.02 Acres
    Days on Market:
    76
    Last Refresh:
    Dec 7 at 6:06 am

    Property Features for 111 E Madison St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    006356
    Lot size
    0.02 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1900
    Number of units
    1
    Building materials
    Brick
    Architectural style
    Other

    Ringgold Realty LLC (641) 464-8017

    Listing agent Renda Smith (641) 464-8017 License #***

    Listing date Sep 23, 2025

    MLS# 6325587 Listing URL

    Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Bar in Mount Ayr

    This established bar is located a short walk from Mount Ayr's picturesque town square. The property has original fixtures, wooden floors, and a warm, rustic feel. The bar has a loyal customer base and a reputation for drinks and good times. The fully stocked bar, vintage decor, and classic ambiance are ready for a new owner. The property is located in a central location with great visibility and easy access for patrons. This cozy and inviting establishment is a local favorite with decades of memories. The property is located at 111 E Madison Street, Mount Ayr, IA 50854.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Lefty's Club Tavern, Rumors Bar & Grill, Trails End Saloon, Goldmine, Mt Ayr Golf & Country Club

    Location Insight

    • Map
    • Local Demand
    City
    Mount Ayr
    County
    Ringgold
    State
    Iowa
    Longitude
    -94.236972
    Latitude
    40.714638

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    FAQs

    What type of property is this?
    Bar - Charming bar with loyal customer base in prime location.
    Where is this bar located?
    The property is located at 111 E Madison St Mount Ayr, IA.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Prime Location: Steps from Mount Ayr's town square, ensuring high visibility and foot traffic.; - Turnkey Operation: Fully stocked bar with established customer base, ready for immediate operation.; - Character and Charm: Original fixtures, wooden floors, and rustic ambiance create a unique and inviting atmosphere.
    (641) 464-8017
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    111 E Madison St Mount Ayr, IA 50854
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 E Madison St Mount Ayr, IA 50854
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