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Turnkey Theater & Remodeled Residence
For Sale
$489,000

108 N Main Street, Elkader, IA 52043

Operational movie theatre with remodeled residence and commercial spaces.

Property Size2,720 SF
Price / SF$179.78
Days on Market388

Property Features for 108 N Main Street

General Information

Standard status Active
Size 2,720 SF
Property subtype Commercial
Zoning commercial

Taxes and HOA fees

Annual Taxes $2,430

Amenities

0.1
2720

Building Details

Building Size 2,720 SF
Year Built 1890
Listing Agency: Whitaker Marketing Group
Listed By: Juliana Corona
Source: Pinnaclerealtyia
Added: Aug 2, 2025 Changed: Aug 23 Last Checked: Aug 23 at 3:18AM

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 Whitaker Marketing Group

Investment Insights

Based on property information with market context.

This turnkey movie theatre and remodeled residence offers a unique opportunity in downtown Elkader. The extensively renovated theatre features large reclining seats with cup holders, modern concession equipment, and updated projection and sound systems. All inventory needed to continue operations is included. The upstairs residence is move-in ready and features two full bathrooms, multiple bedroom layout options, a new kitchen with modern finishes, flooring, updated bathrooms, and comprehensive plumbing and electrical upgrades. Modern versions of push-button light switches maintain a vintage look. Historic charm is preserved with transom windows and original hardware. All appliances, including the washer and dryer, are included. A spacious deck overlooks the Turkey River and the town’s Italianate-style courthouse. The building includes two additional street-facing commercial spaces suitable for retail or office use. Each unit has a separate entrance from Main Street, street-facing windows, separate electric meters, and access to designated restrooms. Upgrades include modifications to upstairs office windows for rooftop access to maintain the marquee lighting and transformers. This property is suitable as a live/work opportunity, an investment with multiple income streams, or a home with attached business potential.

Key Highlights

  • Turnkey, operational movie theatre with updated equipment and included inventory.
  • Remodeled, move‑in ready residence with river views, modern kitchen and bathrooms, and included appliances.
  • Prime downtown Elkader location with stunning river views.

Property Analytics

Current Use

The Backstitch (Bike/Boat/Book/etc) Store Elkader Cinema Real Estate Agency

Suggested Use

Top Pick Dental Office Building Supply (Bike/Boat/Book/etc) Store Pharmacy Garden Center Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby

Demographics for 52043, IA

2,047
Population
1,015
Households
2
Avg Household Size
52
Median Age
22%
College-Educated
92%
High-School Grad
96.9 sq mi
ZIP Area
21
Density / Sq Mi
$65,202
Median Household Income
$45,807
Median Earnings
$839
Median Rent
$145,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Theater & concert hall - Operational movie theatre with remodeled residence and commercial spaces.
Where is this theater & concert hall located?
The property is located at 108 N Main Street Elkader, IA.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Turnkey, operational movie theatre with updated equipment and included inventory.; Remodeled, move‑in ready residence with river views, modern kitchen and bathrooms, and included appliances.; Prime downtown Elkader location with stunning river views.
More about this property
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