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Bar & Pub with Basement
For Sale
$139,000

404 N MAIN ST, Marcus, IA 51035

Commercial, Marcus, IA

Property Size1,840 SF
Lot Size0.06 Acres
Price / SF$75.54
Days on Market92

Property Features for 404 N MAIN ST

General Information

Property type Commercial Sale
Property subtype Other
Zoning Comm / Ind
Lot features Other- See Comments
Elementary school Marcus-Meriden-Cleghorn
Middle school Marcus-Meriden-Cleghorn
High school Marcus-Meriden-Cleghorn
Directions GPS is accurate.
Subdivision Other Default
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
Legal Description LOT 10, BLK 2 MARCUS ORIG TOWN 033-093-042 4406

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

covered area
ramp access

Building Details

Year built 1980
Roof type Metal, Shingle
Listing Agency: Rasmus Realty & Auction
Listed By: Rusty Rasmus · License #S44870
Added: Jun 12 Changed: Sep 9 Last Checked: Sep 11 at 9:06PM
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.

Investment Insights

Based on property information with market context.

This 1,840-square-foot bar and pub property includes the building, operating business, equipment, and inventory at closing. The main level is arranged for bar operations, while the basement adds a kitchen area and space for small gatherings, meetings, private events, or other uses. A covered rear area and ramp access extend the usable layout.

Located at 404 N Main St in Marcus, Iowa, the property is zoned Comm / Ind and sits on a 0.0574-acre lot. Improvements include updates to the furnace, bathrooms, plumbing, wiring, lighting, bar stools, and upright cooler. The building was constructed in 1980 and includes forced-air heating, central air, and a metal and shingle roof.

Key Highlights

  • Building, business, equipment, and inventory included at closing
  • Approximately 1,840 sq. ft. of commercial space
  • Basement with kitchen area and gathering space

Property Analytics

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Current Use

Hawkeye Bar Bar & Pub

Suggested Use

Top Pick Building Supply Auto Parts Store Storage Facility Cafe & Coffee Shop Barber Shop Hair Salon

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

120
Businesses Nearby
379
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Carquest Auto Parts # 5950 Shops & Services
379 visits/mo 0.1 miles

Demographics for 51035, IA

1,535
Population
790
Households
1.9
Avg Household Size
45
Median Age
29%
College-Educated
91%
High-School Grad
106.2 sq mi
ZIP Area
14
Density / Sq Mi
$75,673
Median Household Income
$43,942
Median Earnings
$640
Median Rent
$182,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Similar Off Market Nearby

  • Maryoke Karaoke SVC 313 W Amherst St, Marcus, IA 51035
  • JB's Bar-N-Grill 410 N Main 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

Frequently Asked Questions

What type of property is this?
Bar & Pub - Basement kitchen, rear covered space, and ramp access support a flexible commercial layout.
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: Building, business, equipment, and inventory included at closing; Approximately 1,840 sq. ft. of commercial space; Basement with kitchen area and gathering space
More about this property
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