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    Turn-Key Bar & Restaurant Building Title is generated by Realmo AI

    404 N MAIN ST, Marcus, IA 51035

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    Claim this Listing
    New
    For Sale
    $139,000

    COMMERCIAL - Marcus, IA

    Property size:
    1,840 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $75/SF
    Added:
    Jun 12, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 15 at 5:06 am

    Property Features for 404 N MAIN ST

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Comm / Ind
    Standard status
    Active
    APN
    19035-0133452013
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    LOT 10, BLK 2 MARCUS ORIG TOWN 033-093-042 4406
    Tax Annual Amount
    779

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1980
    Roof type
    Shingle, Metal

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    Listing Contact
    Rusty Rasmus
    Rusty Rasmus

    Listing agent Rusty Rasmus License #S44870

    Listing office Rasmus Realty & Auction 100 E Main, Cherokee, IA

    Listing date Jun 12, 2026

    MLS# 833389

    Copyright © 2026 Northwest 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.

    HighLights

    • Established Hawkeye Lounge business on Main Street in Marcus, WI
    • Approx. 1,840 sq. ft. building with potential for multiple uses and business ideas
    • Heating: forced air; cooling: central air; built in 1980
    • Roof includes shingle and metal
    • Recent updates include furnace, bathrooms, plumbing, some wiring and lighting, bar stools, and upright cooler
    • Basement offers additional usable space with a kitchen area plus covered rear area with ramp access

    Overview

    This for-sale bar and restaurant building is offered as a turn-key opportunity, with the building, business, equipment, and inventory included at closing. The property includes approximately 1,840 square feet of space with a basement that provides additional usable area, including a kitchen area plus space suited to small gatherings, meetings, or private events. In the rear, there is a covered area and ramp access, adding flexibility for day-to-day operations and hosted events. Recent improvements include updates to the furnace, bathrooms, plumbing, some wiring and lighting, and bar and service items such as bar stools and an upright cooler.

    Located in Marcus, Iowa on Main Street, the property sits in a small-town community of approximately 1,100 residents. Zoning is listed as Comm / Ind, supporting a range of commercial and industrial-compatible uses.

    For an operator looking to step into an established concept, the current setup is designed to support continued operations right away, including the included bar equipment and inventory. For buyers with a different direction, the seller indicates willingness to negotiate the purchase price and sell the bar equipment separately if the intended use goes beyond the current bar setup. With the interior and basement configuration plus the rear covered and ramp-accessible area, the building can also support alternative business ideas that benefit from both primary space and added lower-level room.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hawkeye Bar Bar & Pub

    Suggested Use

    Restaurant Law Firm Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Auto Parts Store Skin Care Clinic Department Store Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Maryoke Karaoke SVC — 313 W Amherst St, Marcus, IA 51035
    • The Old Panhead Restaurant & Lounge Inc — 314 N Main St, Marcus, IA 51035
    • Hawkeye Bar — 404 N Main St, Marcus, IA 51035
    • JB's Bar-N-Grill — 410 N Main St, Marcus, IA 51035

    Location Insight

    • Map
    • Local Demand
    City
    Marcus
    County
    Cherokee
    State
    Iowa
    Longitude
    -95.8077922
    Latitude
    42.8259164

    FAQs

    What type of property is this?
    Bar & Pub - Turn-key bar operation with updated systems, basement kitchen area, and rear covered, ramp-accessible space.
    Where is this bar & pub located?
    The property is located at 404 N MAIN ST Marcus, IA.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: Established Hawkeye Lounge business on Main Street in Marcus, WI; Approx. 1,840 sq. ft. building with potential for multiple uses and business ideas; Heating: forced air; cooling: central air; built in 1980
    More about this property
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