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Park Road Inn Bar & Pub
For Sale
$122,000

306 Park Road, Waterloo, IA 50703

Commercial Sale, Waterloo, IA

Property SizeContact for details
Lot Size0.28 Acres
Days on Market438

Property Features for 306 Park Road

General Information

Property type Commercial Sale
Property subtype Office
Zoning c
Directions Across the street on Park Road from Hickory House.
Standard status Active
APN 891323282009
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CALUMET SUBDIVISION LOT 12 BLK 4
Tax Annual Amount 1382
Legal Description CALUMET SUBDIVISION LOT 12 BLK 4

Utilities

Utilities Water Available
Heating system Natural Gas, Forced Air, Electric (Heating)

Building Details

Year built 1925
Flooring type Concrete, Carpet
Building materials Brick, Block
Listing Agency: RE/MAX Concepts - Cedar Falls · RE/MAX International
Listed By: Michael Rotsaert · License #S67747000
Added: Jun 25, 2025 Changed: Sep 4 Last Checked: Sep 5 at 12:06PM
MLS# 20252941

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

The Park Road Inn is a bar and pub property on a 0.28-acre site, with an additional parcel used for parking. The 1925 building has received updates to its plumbing, roof, siding, air conditioning, furnace, flooring, security system, kitchenette, seating area, and gaming room. Brick and block construction is paired with carpet and concrete flooring, while heating is provided by electric, forced-air, and natural-gas systems.

The property is located at 306 Park Road in Waterloo, Iowa, across from the Hickory House. Existing programming includes karaoke twice each week, supporting a hospitality format built around food-and-beverage gatherings and special events. Water is available at the property, and the zoning designation is C.

Key Highlights

  • Bar and pub property at 306 Park Road in Waterloo, IA
  • 0.28‑acre site with an additional parcel for parking
  • Building constructed in 1925

Property Analytics

Current Use

Park Road Inn Bar & Pub

Suggested Use

Top Pick Kitchen & Bath Showroom Electrical Service Big Box & Wholesale Store Nail Salon Pharmacy Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

403
Businesses Nearby
22k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 96% Home Improvements & Furnishings 4%
Kwik Trip Shops & Services
10,267 visits/mo 0.4 miles
Dollar General Shops & Services
4,963 visits/mo 0.4 miles
Family Dollar Shops & Services
3,972 visits/mo 0.3 miles
BP Shops & Services
2,120 visits/mo 0.3 miles
Spellers True Value Home Improvements & Furnishings
880 visits/mo 0.5 miles

Demographics for 50703, IA

18,913
Population
8,705
Households
2.2
Avg Household Size
38
Median Age
13%
College-Educated
87%
High-School Grad
93.2 sq mi
ZIP Area
203
Density / Sq Mi
$49,412
Median Household Income
$33,105
Median Earnings
$926
Median Rent
$92,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Bar & Pub - Updated hospitality property with a separate parking parcel and space for recurring entertainment programming.
Where is this bar & pub located?
The property is located at 306 Park Road Waterloo, IA.
What is the asking price?
The asking price for this property is $122,000.
What are key features of this property?
This property features: Bar and pub property at 306 Park Road in Waterloo, IA; 0.28‑acre site with an additional parcel for parking; Building constructed in 1925
More about this property
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