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Downtown Bar with Music Stage
New
For Sale
$98,000

301 W State, Centerville, IA 52544

Commercial Sale, Centerville, IA

Property Size1,600 SF
Price / SF$61.25
Days on Market2

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

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 Last Checked: Sep 1 at 1:06AM
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 brick bar property includes a 45-foot bar, ample seating, televisions, a stage for live music, a pool table, and drink service. The building dates to 1900 and has forced-air heat and public water. The existing layout supports continued bar use, while the space may also be adapted for retail, office space, or another business concept.

The property is in downtown Centerville, one-half block from the city’s largest Square and near local businesses. On-street parking serves the building. The current business is identified as My Place Party Lounge.

Key Highlights

  • 1,600‑square‑foot brick building with a 45‑foot bar
  • Stage for live music, pool table, televisions, and customer seating
  • One‑half block from Centerville’s largest Square

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Electrical Service Plumbing Service Bakery Grocery & Convenience Store HVAC Service Big Box & Wholesale 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

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 space offers a substantial bar, customer seating, entertainment features, and on-street parking.
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 $98,000.
What are key features of this property?
This property features: 1,600‑square‑foot brick building with a 45‑foot bar; Stage for live music, pool table, televisions, and customer seating; One‑half block from Centerville’s largest Square
More about this property
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