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Bar Property with Beer Garden
For Sale
$150,000

116-118 W 2nd, Schaller, IA 51503

COMMERCIAL - Schaller, IA

Property SizeContact for details
Lot Size0.24 Acres
Days on Market49

Property Features for 116-118 W 2nd

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Other Default
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
Legal Description Per abstract

Building Details

Year built 1920
Listing Agency: Compass Real Estate of NW IA
Listed By: Steven Brashears · License #S58624
Added: Jul 6 Changed: Aug 19 Last Checked: Aug 23 at 12:06AM
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.

This bar and restaurant property combines an operating-style hospitality layout with an outdoor beer garden on a separately identified parcel. The sale includes furniture, fixtures, equipment, and inventory, along with the existing restaurant and bar infrastructure. Interior character comes from exposed brick, plaster detailing, dark finishes, and a substantial bar area designed as the central gathering space.

The property is located at 116-118 W 2nd in Schaller, Iowa, within Sac County and postal code 51503. The 0.24-acre site was built in 1920. The additional parcel, #810442610035, provides the outdoor seating and beer garden area associated with the business.

Key Highlights

  • Restaurant and bar property at 116‑118 W 2nd, Schaller, IA 51503
  • 0.24‑acre site with additional parcel #810442610035
  • Outdoor seating area and beer garden included

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.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby
Well-served
Demand for This Use

Demographics for 51503, IA

37,330
Population
16,154
Households
2.3
Avg Household Size
41
Median Age
30%
College-Educated
94%
High-School Grad
121.7 sq mi
ZIP Area
307
Density / Sq Mi
$76,064
Median Household Income
$46,986
Median Earnings
$964
Median Rent
$252,600
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
Rey
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Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Bar & Pub - Restaurant and bar improvements include an equipped interior, outdoor seating area, and distinctive architectural finishes.
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: Restaurant and bar property at 116‑118 W 2nd, Schaller, IA 51503; 0.24‑acre site with additional parcel #810442610035; Outdoor seating area and beer garden included
More about this property
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