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Turnkey Restaurant/Bar Opportunity in Schaller
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116-118 W 2nd Street, Schaller, IA 51053

Fully equipped restaurant/bar ready for immediate operation in Schaller, Iowa.

Property Size3,626 SF
Price / SF$48.26
Days on Market88

Property Features for 116-118 W 2nd Street

General Information

Standard status Active
Size 3,626 SF
Property subtype Special Purpose

Building Details

Year Built 1920
Listing Agency: Century 21 The Professional Gr Storm Lake
Listed By: Margie Robinson · License #IA
Source: Crexi
Added: May 15 Changed: Aug 8 Last Checked: Aug 8 at 3:14PM

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 Century 21 The Professional Gr Storm Lake

Investment Insights

Based on property information with market context.

This is a turnkey restaurant and bar opportunity located in Schaller, Iowa. The property is fully equipped and ready for immediate operation as a restaurant, bar, or combination establishment. The spacious interior includes seating and service areas. The setup includes a bar ready for immediate operation. Outside seating is available. The property has potential for dine-in, takeout, or nightlife business. The building size is 3,626 square feet.

Key Highlights

  • Turnkey restaurant/bar opportunity: Fully equipped and ready for immediate operation, saving time and startup costs.
  • Bar setup included: Ready for immediate operation.
  • Spacious interior includes seating and service areas.

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Plumbing Service Building Supply Storage Facility (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Auto Repair Shop

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

90
Businesses Nearby
Well-served
Demand for This Use

Demographics for 51053, IA

1,069
Population
499
Households
2.1
Avg Household Size
43
Median Age
19%
College-Educated
85%
High-School Grad
74.3 sq mi
ZIP Area
14
Density / Sq Mi
$70,195
Median Household Income
$45,732
Median Earnings
$843
Median Rent
$96,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Restaurant - Fully equipped restaurant/bar ready for immediate operation in Schaller, Iowa.
Where is this restaurant located?
The property is located at 116-118 W 2nd Street Schaller, IA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Turnkey restaurant/bar opportunity: Fully equipped and ready for immediate operation, saving time and startup costs.; Bar setup included: Ready for immediate operation.; Spacious interior includes seating and service areas.
More about this property
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