Sports Bar With Entertainment
For Sale
$3,200,000
2118 Harrison Dr, Clinton, IA 52732
Includes private rooms, live music space, gaming amenities, and supplemental storage operations.
Property Size13,506 SF
Price / SF$236.93
Days on Market49
Property Features for 2118 Harrison Dr
General Information
Standard status
Active
Size
13,506 SF
Building Details
Year Built
1960
Listing Agency:
eXp Realty
Listed By:
Chris McDanel · License #S67345000
(563) 249-3411
Source:
Bktchicago
Added: Sep 15
Changed: Oct 26
Last Checked: Oct 7 at 2:55PM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This 13,506-square-foot bar and entertainment property, built in 1960, combines multiple recreational and event-oriented features under one roof. The interior includes 30 draft beer lines, two golf simulators, nine pool tables, dart boards, gaming machines, Iowa Lottery service, and private rooms suited to parties, birthdays, or meetings. An outdoor live music area known as The Yard adds a separate venue component.
The property also includes two 80-by-20-foot storage bays with 14-foot doors, along with a 2-acre lot used for seasonal RV and boat storage. The combination of indoor entertainment areas, private event rooms, outdoor programming space, and auxiliary storage facilities creates a broad operating layout within a single property.
The property also includes two 80-by-20-foot storage bays with 14-foot doors, along with a 2-acre lot used for seasonal RV and boat storage. The combination of indoor entertainment areas, private event rooms, outdoor programming space, and auxiliary storage facilities creates a broad operating layout within a single property.
Key Highlights
- 13,506‑square‑foot bar and entertainment property built in 1960
- 30 draft beer lines, 2 golf simulators, 9 pool tables, dart boards, gaming machines, and Iowa Lottery
- Outdoor live music venue known as The Yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$139,027
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,780,540
$2.8M
Cap Rate 7%
$1,986,100
$2.0M
Cap Rate 9%
$1,544,744
$1.5M
Market Conditions
NOI Build-Up for 13,506 SF
Gross rent
$202.6K $15.00/SF
− Vacancy
−$17.2K −$1.28/SF
EGI
$185.4K $13.73/SF
− OpEx
−$46.3K −$3.43/SF
NOI
$139.0K $10.29/SF
Area
Clinton County, IA
Vacancy
8.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,780,540
Cap Rate 7%
$1,986,100
Cap Rate 9%
$1,544,744
Alternative Uses
Best Use
Specialty Retail
$1.99M
$1.74M – $2.32M
NOI $139,027 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
53k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Dining 35%
Kwik Trip
Shops & Services
34,586 visits/mo
0.4 miles
Applebee's
Dining
10,486 visits/mo
0.4 miles
Burger King
Dining
8,426 visits/mo
0.3 miles
Demographics for 52732, IA
25,808
Population
12,911
Households
2
Avg Household Size
42
Median Age
21%
College-Educated
90%
High-School Grad
109.6 sq mi
ZIP Area
235
Density / Sq Mi
$58,380
Median Household Income
$37,181
Median Earnings
$768
Median Rent
$118,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Chicago Bar & Grill — 2300 Lincoln Way, Clinton, IA 52732
- Bonnie's Scenic Tavern — 2116 Harrison Dr, Clinton, IA 52732
- Back Shop Pizza — 2911 S 19th St, Clinton, IA 52732
- Legends Sports Bar & Golf Simulators — 2118 Harrison Dr, Clinton, IA 52732
- Stouts Irish Pub — 2352 Valley W Ct, Clinton, IA 52732
Frequently Asked Questions
What type of property is this?
Bar & Pub - Includes private rooms, live music space, gaming amenities, and supplemental storage operations.
Where is this bar & pub located?
The property is located at 2118 Harrison Dr Clinton, IA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 13,506‑square‑foot bar and entertainment property built in 1960; 30 draft beer lines, 2 golf simulators, 9 pool tables, dart boards, gaming machines, and Iowa Lottery; Outdoor live music venue known as The Yard
