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    205 N Main St Modale, IA 51556

    For Sale
    $73,000

    Real Estate Only - MODALE, IA

    Property size:
    1,440 SF
    Lot size:
    4,920.00 Acres
    Days on Market:
    329
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 205 N Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    560002173500000
    Size
    1,440 SF
    Lot size
    4,920.00 Acres

    Utilities

    Heating system
    Space Heater
    Cooling system
    Central Air

    Building Details

    Year built
    1960
    Floors in Building
    1
    Building materials
    Block, Concrete
    Roof type
    Metal
    Architectural style
    Other

    Realty One Group Sterling (402) 203-9106 [email protected]

    Listing agent Michele Watkins (402) 934-0074 License #S68324000

    Listing date Jan 11, 2025

    MLS# 25-54 Listing URL

    Copyright © 2025 Southwest Iowa Association 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

    Commercial Property in High-Traffic Area

    Located on a high-traffic main thoroughfare in downtown Modale, this commercial property offers high visibility. The building, previously used as a bar and grill, features a commercial kitchen and an Ansul fire system. A bar is also present for serving beverages. The purchase includes tables, chairs, coolers, freezers, a pizza machine, a broaster, and a fryer. This property, situated on a 4920-acre lot, contains 1440 square feet of space. Visionaries and entrepreneurs may find this property suitable for various business ventures.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sour Mash Inc Bar EZ Street Bar ... Bar

    Suggested Use

    Restaurant Department Store Grocery Store Storage Facility Bar & Pub Convenience Store

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

    Similar Places Nearby

    Sour Mash Inc, EZ Street Bar and Grill

    Location Insight

    • Map
    • Local Demand
    City
    Modale
    County
    Harrison
    State
    Iowa
    Longitude
    -96.012216
    Latitude
    41.621242

    FAQs

    What type of property is this?
    Bar - Commercial building with kitchen, bar, and included equipment in Modale.
    Where is this bar located?
    The property is located at 205 N Main St Modale, IA.
    What is the asking price?
    The asking price for this property is $73,000.
    What are key features of this property?
    This property features: - High-traffic downtown location provides **excellent visibility and branding opportunities.**; - **Fully equipped commercial kitchen with Ansul fire suppression system.**; - Includes essential equipment: tables, chairs, coolers, freezers, pizza machine, broaster, and fryer.
    (402) 934-0074
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    205 N Main St Modale, IA 51556
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    Modale, IA 51556
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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
    205 N Main St Modale, IA 51556
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