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Updated Bar and Restaurant Inn
For Sale
$122,000

306 Park Road, Waterloo, IA 50703

Park Road Inn offers an updated bar and restaurant with karaoke two times per week and an added parking parcel.

Property Size1,920 SF
Price / SF$63.54
Days on Market443

Property Features for 306 Park Road

General Information

Standard status Active
Size 1,920 SF
Property subtype Commercial
Zoning c

Taxes and HOA fees

Annual Taxes $1,382

Amenities

Carpet,Concrete,Other
City Street
0.28
1920

Building Details

Building Size 1,920 SF
Year Built 1925
Stories 1
Listing Agency: Q4 Real Estate
Listed By: Jami Gordon
Source: Pinnaclerealtyia
Added: Jun 25, 2025 Changed: Sep 9 Last Checked: Sep 10 at 5:56AM

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 Q4 Real Estate

Investment Insights

Based on property information with market context.

Park Road Inn is a bar and restaurant property with multiple recent updates, including new plumbing, a security system, furnace, roof, siding, A/C, flooring, and a kitchenette. The layout also includes updated seated areas plus a gaming room.

The property is located at 306 Park Road, Waterloo, IA 50703, with a dinner destination across the street at Hickory House. The business hosts karaoke two times per week.

An added parcel is included for parking to support special events and overflow needs. This combination of interior improvements and dedicated parking configuration supports continued operation as a neighborhood gathering spot.

Key Highlights

  • Park Road Inn built in 1925 with 1,920 total building area
  • 0.28‑acre lot with city street frontage
  • Reported updates include new plumbing, security system, furnace, roof, siding, and HVAC/AC

Property Analytics

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Current Use

Park Road Inn Bar & Pub

Suggested Use

Top Pick Kitchen & Bath Showroom Electrical Service Big Box & Wholesale Store Nail Salon Pharmacy Spa & Massage Center

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

403
Businesses Nearby
22k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 96% Home Improvements & Furnishings 4%
Kwik Trip Shops & Services
10,267 visits/mo 0.4 miles
Dollar General Shops & Services
4,963 visits/mo 0.4 miles
Family Dollar Shops & Services
3,972 visits/mo 0.3 miles
BP Shops & Services
2,120 visits/mo 0.3 miles
Spellers True Value Home Improvements & Furnishings
880 visits/mo 0.5 miles

Demographics for 50703, IA

18,913
Population
8,705
Households
2.2
Avg Household Size
38
Median Age
13%
College-Educated
87%
High-School Grad
93.2 sq mi
ZIP Area
203
Density / Sq Mi
$49,412
Median Household Income
$33,105
Median Earnings
$926
Median Rent
$92,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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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Similar Off Market Nearby

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  • The Comfort Zone Bar & Grill Waterloo,Iowa 50703 213 E 5th St, Waterloo, IA 50703
  • Daq King Daiquiri Shop 632 Sycamore St, Waterloo, IA 50703
  • Screaming Eagle American Bar and Grill 228 E 4th St, Waterloo, IA 50703

Frequently Asked Questions

What type of property is this?
Bar & Pub - Park Road Inn offers an updated bar and restaurant with karaoke two times per week and an added parking parcel.
Where is this bar & pub located?
The property is located at 306 Park Road Waterloo, IA.
What is the asking price?
The asking price for this property is $122,000.
What are key features of this property?
This property features: Park Road Inn built in 1925 with 1,920 total building area; 0.28‑acre lot with city street frontage; Reported updates include new plumbing, security system, furnace, roof, siding, and HVAC/AC
More about this property
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