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    Turnkey Bar and Lounge Opportunity Title is generated by Realmo AI

    404 N MAIN ST, Marcus, IA 51035

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    For Sale
    $139,000

    COMMERCIAL - Marcus, IA

    Property size:
    1,840 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $75/SF
    Added:
    Jun 12, 2026
    Days on Market:
    16
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 404 N MAIN ST

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Comm / Ind
    Standard status
    Active
    APN
    19035-0133452013
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    LOT 10, BLK 2 MARCUS ORIG TOWN 033-093-042 4406
    Tax Annual Amount
    779

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1980
    Roof type
    Shingle, Metal

    We can help!

    Contact an agent
    Rusty Rasmus
    Rusty Rasmus

    Listing agent Rusty Rasmus License #S44870

    Listing office Rasmus Realty & Auction 100 E Main, Cherokee, IA

    Listing date Jun 12, 2026

    MLS# 833389

    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.

    HighLights

    • 1,840 sq. ft. Main Street building with business, equipment, and inventory included at closing
    • Basement with additional usable space, including a kitchen area and room for small gatherings or private events
    • Updates include furnace, bathrooms, plumbing, some wiring and lighting, bar stools, and an upright cooler
    • Rear covered area plus ramp access for added functionality
    • Heating: forced air; cooling: central air
    • Roof features shingle and metal; year built 1980

    Overview

    This turn-key bar and lounge opportunity includes the building, business, equipment, and inventory at closing, allowing a new owner to step in and continue operations. With approximately 1,840 sq. ft., the layout supports bar service on the main level and additional usable space in the basement, where there is a kitchen area plus room suitable for small gatherings, meetings, and private events. Recent improvements include updates to the furnace, bathrooms, plumbing, some wiring and lighting, bar stools, and an upright cooler. The rear of the building features a covered area along with ramp access, adding practical flexibility for day-to-day operations.

    Located on Main Street in Marcus, Iowa, the property sits in a small-town community known for strong local support. The asset is offered within Comm / Ind zoning, which may appeal to operators seeking a commercial-use setting in a neighborhood retail and service corridor.

    For an owner-operator, this is a straightforward path to continue a current hospitality concept with included equipment and inventory, along with a basement space that can support additional functions. For buyers with a different plan, the seller indicates flexibility to negotiate the purchase price and sell the bar equipment separately if your intended use goes beyond the existing bar setup.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hawkeye Bar Bar & Pub

    Suggested Use

    Restaurant Law Firm Building Supply Big Box & Wholesale Store 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 — 313 W Amherst St, Marcus, IA 51035
    • The Old Panhead Restaurant & Lounge Inc — 314 N Main St, Marcus, IA 51035
    • Hawkeye Bar — 404 N Main St, Marcus, IA 51035
    • JB's Bar-N-Grill — 410 N Main St, Marcus, IA 51035

    Location Insight

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

    FAQs

    What type of property is this?
    Bar & Pub - Turnkey bar and lounge with basement gathering space and rear covered area with ramp access.
    Where is this bar & pub located?
    The property is located at 404 N MAIN ST Marcus, IA.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: 1,840 sq. ft. Main Street building with business, equipment, and inventory included at closing; Basement with additional usable space, including a kitchen area and room for small gatherings or private events; Updates include furnace, bathrooms, plumbing, some wiring and lighting, bar stools, and an upright cooler
    More about this property
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