Search
Brick Bar and Lounge
For Sale
$90,000

301 W State, Centerville, IA 52544

Commercial Sale, Centerville, IA

Property Size1,600 SF
Price / SF$56.25
Days on Market28

Property Features for 301 W State

General Information

Property type Commercial Sale
Property subtype Other
Zoning Business/Commercial
Parking features On Street
Directions Approximately 1/2 Block West of the Centerville Square (Property sits on the North side of the Street)
Standard status Active
APN 341011003460000

Taxes and HOA fees

Tax Year 2026
Tax Description ORIG TOWN E 20' LOT 9 BLK 3 RGE 2
Tax Annual Amount 872
Legal Description ORIG TOWN E 20' LOT 9 BLK 3 RGE 2

Utilities

Heating system Forced Air
Water source Public

Amenities

bar
ample seating
TVs
stage for live music
pool table
drink service

Building Details

Year built 1900
Number of units 1
Building materials Brick
Architectural style Other
Listing Agency: Real McCoy Realty LLC
Listed By: Jodie McCoy · License #***
Added: Aug 31 Changed: Sep 22 Last Checked: Sep 27 at 9:06AM
MLS# 6342173

Copyright © 2026 NoCoast MLS. 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 1,600-square-foot bar and lounge occupies a brick commercial building constructed in 1900. The interior includes a 45-foot bar, seating, televisions, a stage for live music, and a pool table, with drink service already in place. Forced-air heating supports the space, and public water serves the property.

Located at 301 W State in Centerville, the building sits one-half block from the city’s largest square and is near other local businesses. On-street parking is available, and the property carries Business/Commercial zoning. The existing layout is configured for bar and entertainment use, while the source information also identifies retail, office, or another business concept as possible future directions.

Key Highlights

  • 1,600 sq. ft. building with a 45‑foot bar
  • Stage, pool table, televisions, and seating included
  • Brick construction; built in 1900

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Dental Office Real Estate Agency Electrical Service Big Box & Wholesale Store HVAC Service 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.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby
48k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 69% Dining 25% Electronics 4% Groceries 1%
Centerville #4 Shops & Services
19,166 visits/mo 0.5 miles
Dollar Tree Shops & Services
8,081 visits/mo 0.2 miles
Hardee's Dining
7,130 visits/mo 0.2 miles
Scooter's Coffee Dining
5,047 visits/mo 0.4 miles
Shell Shops & Services
3,169 visits/mo 0.2 miles

Demographics for 52544, IA

7,481
Population
4,096
Households
1.8
Avg Household Size
44
Median Age
19%
College-Educated
88%
High-School Grad
138.3 sq mi
ZIP Area
54
Density / Sq Mi
$45,257
Median Household Income
$36,792
Median Earnings
$779
Median Rent
$114,100
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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Junction Inn Lounge — 1021 E Maple St, Centerville, IA 52544
  • My Place Party Lounge — 301 W State St, Centerville, IA 52544
  • Gordies Bar & Grill — 108 N 13th St, Centerville, IA 52544
  • Starbucks — 609 N 18th St, Centerville, IA 52544

Frequently Asked Questions

What type of property is this?
Bar & Pub - Brick commercial building with bar, entertainment features, forced-air heat, and on-street parking near Centerville’s downtown square.
Where is this bar & pub located?
The property is located at 301 W State Centerville, IA.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: 1,600 sq. ft. building with a 45‑foot bar; Stage, pool table, televisions, and seating included; Brick construction; built in 1900
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message