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Restaurant and Bar with Beer Garden

116-118 W 2nd Schaller, IA 51503

116-118 W 2nd, Schaller, IA, 51503

$150,000

For Sale

$150,000

COMMERCIAL - Schaller, IA

Lot Size0.24 Acres

AddedJul 6

Days on Market10

Last RefreshJul 15 at 7:06 am

Property Features for 116-118 W 2nd

General Information

Property type: Commercial Sale
Property subtype: Other
Standard status: Active
APN: 810426010036
Lot size: 0.24 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: Per abstract
Tax Annual Amount: 1062

Building Details

Year built: 1920

Listing agent Steven Brashears License #S58624

Listing office Compass Real Estate of NW IA 222 W Milwaukee Ave, Storm Lake, IA

Listing date Jul 6, 2026

MLS# 833673

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.

For sale is a restaurant and bar property in Schaller, Iowa, offered as a turnkey opportunity that includes furniture, fixtures, equipment, and inventory. The interior centers on a large bar area with dark finishes, exposed brick, and plaster detailing.

The sale also includes parcel #810442610035, currently used as the outdoor seating and beer garden area, providing an additional gathering space during warmer months. The property includes an established restaurant/bar infrastructure and a spacious layout designed for day-to-day operations.

In addition to the indoor seating and bar focus, the included outdoor area supports extended service during seasonal weather.

Key Highlights

Built in 1920 commercial property in Schaller, Iowa; formerly the Tipsy Goat restaurant, bar, and beer garden
Sale includes furniture, fixtures, equipment, and inventory for an easier handoff to a new owner
Outdoor seating and beer garden included via parcel #810442610035, used as the outdoor gathering area

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bars & Pubs

Suggested Use

Similar Off Market Nearby

Stars Entertainment — 208 S Selkirk St, Schaller, IA 51053

For sale
Bars & Pubs
IA
Schaller
51503
116-118 W 2nd

What type of property is this?

Bar & Pub - Turnkey restaurant and bar for sale with an outdoor seating/beer garden parcel included.

Where is this bar & pub located?

The property is located at 116-118 W 2nd Schaller, IA.

What is the asking price?

The asking price for this property is $150,000.

What are key features of this property?

This property features: Built in 1920 commercial property in Schaller, Iowa; formerly the Tipsy Goat restaurant, bar, and beer garden; Sale includes furniture, fixtures, equipment, and inventory for an easier handoff to a new owner; Outdoor seating and beer garden included via parcel #810442610035, used as the outdoor gathering area