Established Restaurant and Bar For Sale

1215 Plaza Drive Carroll, IA 51401

Claim this Listing
For Sale
$1,150,000

Profitable restaurant and bar with outdoor entertainment space.

Type:General Commercial
Property size:
7,440 SF
Lot size:
1.50 Acres
Price / SF:
$154/SF
Added:
Jan 19, 2025
Days on Market:
538
Last Refresh:
May 13 at 8:25 pm

Property Features for 1215 Plaza Drive

General Information

Standard status
Active
Size
7,440 SF
Lot size
1.50 Acres
Property subtype
General Commercial

Building Details

Year Built
1990

Listing office Kanne Realty & Associates

Listing date Jan 19, 2025

Source Xome

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Kanne Realty & Associates


Investment Insights

Based on property information with market context.

This well-known restaurant and bar, established for over 25 years, is situated on nearly 1.5 acres along a main thoroughfare in Carroll and Central Iowa. The Piranha Club Bar & Grill features a full grill and fry menu, as well as homemade pizza. The recently updated floorplan provides an open view from front to back, with the option to close off a section for private events. Outdoor amenities include a covered patio, sand volleyball court, and an outdoor space suitable for concerts and car shows. The property encompasses 7,440 square feet. Additional land is available. This is a turn-key business.

Key Highlights

  • Profitable restaurant and bar business with a 25+ year history and established clientele.
  • Located on nearly 1.5 acres along a main road in Carroll and Central Iowa.
  • Turn‑key operation, ready for new ownership.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bars & Pubs

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Kitchen & Bath Showroom Auto Parts Store Furniture & Home Goods Electrical Service

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

Similar Off Market Nearby

  • Iowa Legendary Rye — 707 N Main St, Carroll, IA 51401
  • Brothers on main — 529 N Main St, Carroll, IA 51401
  • Carroll Brewing Co — 226 E 5th St, Carroll, IA 51401
  • Piranha Club — 1215 Plaza Dr, Carroll, IA 51401
  • Kerp's Tavern — 223 E 5th St, Carroll, IA 51401

FAQs

What type of property is this?
Bar & Pub - Profitable restaurant and bar with outdoor entertainment space.
Where is this bar & pub located?
The property is located at 1215 Plaza Drive Carroll, IA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Profitable restaurant and bar business with a 25+ year history and established clientele.; Located on nearly 1.5 acres along a main road in Carroll and Central Iowa.; Turn‑key operation, ready for new ownership.
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