Building Details

Year Built 1920

Listing Agency: NAI United

Listed By: Lawrence Jensen · License #S72691000 Show Phone

Source: Naiglobal

Added: Mar 6 Changed: Jul 6 Last Checked: Sep 5 at 7:18AM

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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 NAI United

Investment Insights

Based on property information with market context.

This exceptional restaurant and lounge is located in the central business district of Marcus, Iowa, on Main Street. The real estate is included in the sale.

Key Highlights

• Prime Main Street Location
• Real Estate Included
• Exceptional Downtown Restaurant & Lounge

Property Analytics

Property Profile

Current Use

The Old Panhead Restaurant ... Bar & Pub

Suggested Use

Top Pick Building Supply Auto Parts Store Storage Facility Cafe & Coffee Shop Barber Shop Hair Salon

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

120

Businesses Nearby

379

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Carquest Auto Parts # 5950 Shops & Services

379 visits/mo 0.1 miles

Demographics for 51035, IA

1,535

Population

790

Households

1.9

Avg Household Size

45

Median Age

29%

College-Educated

91%

High-School Grad

106.2 sq mi

ZIP Area

14

Density / Sq Mi

$75,673

Median Household Income

$43,942

Median Earnings

$640

Median Rent

$182,900

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant and lounge in prime downtown location, real estate included.

Where is this conventional restaurant located?

The property is located at 314 N Main St Marcus, IA.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: Prime Main Street Location; Real Estate Included; Exceptional Downtown Restaurant & Lounge