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Park Road Inn Bar & Pub
For Sale
$122,000

306 Park Road, Waterloo, IA 50703

COMMERCIAL - Waterloo, IA

Property SizeContact for details
Lot Size0.28 Acres
Days on Market427

Property Features for 306 Park Road

General Information

Property type Commercial Sale
Property subtype Office
Zoning c
Directions Across the street on Park Road from Hickory House.
Standard status Active
APN 891323282009
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CALUMET SUBDIVISION LOT 12 BLK 4
Tax Annual Amount 1382
Legal Description CALUMET SUBDIVISION LOT 12 BLK 4

Utilities

Utilities Water Available
Heating system Forced Air, Natural Gas, Electric (Heating)

Building Details

Year built 1925
Flooring type Carpet, Concrete
Building materials Brick, Block
Listing Agency: RE/MAX Concepts - Cedar Falls · RE/MAX International
Listed By: Michael Rotsaert · License #S67747000
Added: Jun 25, 2025 Changed: Aug 18 Last Checked: Aug 25 at 4:06PM
MLS# 20252941

Copyright © 2026 Northeast 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.

The Park Road Inn is a bar and pub property at 306 Park Road in Waterloo, Iowa. The building dates to 1925 and includes a seated area, gaming room, kitchenette, and flooring in carpet and concrete. Karaoke is offered twice weekly, supporting the venue’s established entertainment format.

Recent property improvements include plumbing, roofing, siding, air conditioning, a furnace, flooring, a security system, and updates to the seated and gaming areas. An additional parcel provides parking for events and regular operations. The property is zoned c and has water available, with brick and block construction and forced-air heating supported by natural gas and electric heating.

Key Highlights

  • 1925‑built Park Road Inn bar and pub at 306 Park Road, Waterloo, IA 50703
  • 0.28‑acre property with an added parcel for parking
  • Updated plumbing, roof, siding, furnace, AC, flooring, and security system

Property Analytics

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.

Lease Details

Turnkey business
Opportunity

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

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
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Similar Off Market Nearby

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  • 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 - Established gathering venue with updated building systems, a gaming area, and additional parking land for special events.
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: 1925‑built Park Road Inn bar and pub at 306 Park Road, Waterloo, IA 50703; 0.28‑acre property with an added parcel for parking; Updated plumbing, roof, siding, furnace, AC, flooring, and security system
More about this property
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