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    1826 1St St W Independence, IA 50644

    For Sale
    $285,000

    SINGLE_FAMILY - Independence, IA

    Type:Retail
    Lot size:
    0.45 Acres
    Days on Market:
    65
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 1826 1St St W

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    C-2
    APN
    0633376005
    Lot size
    0.45 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Multi Units, Central Air

    Building Details

    Year built
    1910
    Roof type
    Composition, Metal

    RE/MAX Independence Realty (319) 334-5703 [email protected]

    Listing agent Curt G Martin (319) 334-5703

    Listing date Oct 2, 2025

    Copyright © 2025 Northeast 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.

    Overview

    Turnkey Restaurant and Bar Opportunity

    This is a turnkey restaurant and bar business opportunity, including the real estate, equipment, and fixtures needed for immediate operation. The restaurant has seating for 60 patrons and is equipped with a furnace and A/C system that is approximately 4-5 years old, along with a new water heater. The bar area features its own recently installed furnace and A/C system. The property includes separate utilities for the restaurant, bar, and an upstairs apartment, offering flexibility for new ownership or rental arrangements. A tiled parking lot provides ample parking space. The building is well-maintained, featuring vinyl siding and a combination of asphalt shingles and steel roofing, with the steel portion having been replaced 2-3 years ago. Located in Independence, Iowa, this property on approximately 0.447 acres offers the potential for rental income from the upstairs apartment. The property is zoned C-2. The restaurant and bar are popular local spots. This property offers not only a ready-to-go restaurant and bar but also the possibility of additional rental income from the upstairs apartment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Arianna's Kitchen American Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Similar Places Nearby

    Los Jinetes, Sanity Room, The Crowbar, Pat's Tavern, Checkered Flag LLC

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Buchanan
    State
    Iowa
    Longitude
    -91.918253
    Latitude
    42.468606

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    FAQs

    What type of property is this?
    Bar - Established restaurant and bar with real estate, equipment, and fixtures.
    Where is this bar located?
    The property is located at 1826 1St St W Independence, IA.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - Turnkey restaurant and bar business including real estate, equipment, and fixtures.; - Potential for additional rental income from upstairs apartment.; - Separate utilities for restaurant, bar, and apartment.
    (319) 334-5703
    Request Owner's contact information
    1826 1St St W Independence, IA 50644
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    Independence, IA 50644
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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
    1826 1St St W Independence, IA 50644
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