Restaurant and Bar
116-118 W 2nd Schaller, IA 51503
116-118 W 2nd, Schaller, IA, 51503
$150,000
For Sale
$150,000
COMMERCIAL - Schaller, IA
Lot Size0.24 Acres
Days on Market17
Property Features for 116-118 W 2nd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 810426010036
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Per abstract
- Tax Annual Amount
- 1062
Building Details
- Year built
- 1920
Listing agency
Compass Real Estate of NW IA
(941) 628-9143
Listed by
Steven Brashears · License #S58624
(712) 299-4684
Added: Jul 6 Updated: Jul 22 at 4:32AM Checked: Jul 22 at 11:06PM
MLS# 833673
Copyright © 2026 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale hospitality property in Schaller, Iowa is offered as a turnkey opportunity tied to the former Tipsy Goat restaurant, bar, and beer garden. The sale includes furniture, fixtures, equipment, and inventory to support an immediate transition for a new owner. Interior highlights include a prominent bar area with dark finishes, exposed brick, and plaster detailing.
The offering also includes parcel #810442610035, which is currently used for outdoor seating and the beer garden area, extending the guest experience during warmer months.
The property includes established restaurant and bar infrastructure and a spacious layout designed to support food and beverage service, along with included inventory and the integrated indoor-outdoor setup.
The offering also includes parcel #810442610035, which is currently used for outdoor seating and the beer garden area, extending the guest experience during warmer months.
The property includes established restaurant and bar infrastructure and a spacious layout designed to support food and beverage service, along with included inventory and the integrated indoor-outdoor setup.
Key Highlights
- 1920‑built commercial property in Schaller, Iowa, previously home to the Tipsy Goat restaurant, bar, and beer garden
- Includes furniture, fixtures, equipment, and inventory for the restaurant/bar business
- Outdoor seating/beer garden included as parcel #810442610035
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar Off Market Nearby
- Stars Entertainment — 208 S Selkirk St, Schaller, IA 51053
FAQs
What type of property is this?
Bar & Pub - For sale in Schaller, Iowa, including restaurant bar area and an outdoor beer garden parcel.
Where is this bar & pub located?
The property is located at 116-118 W 2nd Schaller, IA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 1920‑built commercial property in Schaller, Iowa, previously home to the Tipsy Goat restaurant, bar, and beer garden; Includes furniture, fixtures, equipment, and inventory for the restaurant/bar business; Outdoor seating/beer garden included as parcel #810442610035
