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    404 N Main St Marcus, IA 51035

    For Sale
    $145,000

    Commercial - Marcus, IA

    Lot size:
    0.06 Acres
    Days on Market:
    50
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 404 N Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    900133452013000
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1980
    Floors in Building
    1
    Building materials
    Block
    Roof type
    Metal, Shingle
    Architectural style
    Other

    Gustafson Realty (712) 225-4388

    Listing agent Mike Pitts (712) 225-4388 License #S43135

    Listing date Oct 17, 2025

    MLS# 830692 Listing URL

    Copyright © 2025 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.

    Overview

    Established Business in Marcus, IA

    This is an opportunity to acquire an established business located in Marcus, IA. The sale is structured as a turn-key operation, encompassing the building, all equipment (excluding leased gaming equipment), and the existing inventory at the time of closing. The property has undergone numerous upgrades in recent years, including improvements to the furnace, bathrooms, bar stools, plumbing, wiring, lighting, an upright cooler, and the basement kitchen area. The basement is configured to accommodate small group gatherings. A ramp and covered area are located at the rear of the building. The property is situated at 404 N Main St, Marcus, IA 51035, in Cherokee County. The lot size is 0.06 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hawkeye Bar Bar

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Hair Salon Auto Repair Shop Auto Parts Store Skin Care Clinic Department Store Food Market

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

    Similar Places Nearby

    Maryoke Karaoke SVC, The Old Panhead Restaurant & Lounge Inc, Hawkeye Bar, JB's Bar-N-Grill

    Location Insight

    • Map
    • Local Demand
    City
    Marcus
    County
    Cherokee
    State
    Iowa
    Longitude
    -95.8077922
    Latitude
    42.8259164

    Nearby Similar for Sale

    • $325,000
      10,000 SF

      Downtown Restaurant & Lounge Opportunity

      Established restaurant and lounge with real estate in prime location.
      314 N Main St, Marcus, IA 51035
      View Details

    FAQs

    What type of property is this?
    Bar - Turn-key business opportunity with recent upgrades and included equipment.
    Where is this bar located?
    The property is located at 404 N Main St Marcus, IA.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: - Turnkey established business opportunity.; - Includes building, equipment (excluding leased gaming equipment), and inventory.; - Recent upgrades: furnace, bathrooms, bar stools, plumbing, wiring, lighting, cooler, basement kitchen.
    (712) 225-4388
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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
    404 N Main St Marcus, IA 51035
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