Turnkey Lounge on Main
For Sale
$139,000
404 N MAIN ST, Marcus, IA 51035
COMMERCIAL - Marcus, IA
Property Size1,840 SF
Lot Size0.06 Acres
Price / SF$75.54
Days on Market50
Property Features for 404 N MAIN ST
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Comm / Ind
Lot features
Other- See Comments
Elementary school
Marcus-Meriden-Cleghorn
Middle school
Marcus-Meriden-Cleghorn
High school
Marcus-Meriden-Cleghorn
Directions
GPS is accurate.
Subdivision
Other Default
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
Legal Description
LOT 10, BLK 2 MARCUS ORIG TOWN 033-093-042 4406
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1980
Roof type
Metal, Shingle
Listing Agency:
Rasmus Realty & Auction
(712) 225-4911
Listed By:
Rusty Rasmus · License #S44870
(712) 261-1965
Added: Jun 12
Changed: Jul 30
Last Checked: Jul 31 at 1:06AM
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.
Investment Insights
Based on property information with market context.
This commercial property offers a turnkey bar and lounge opportunity with the building, business, equipment, and inventory included at closing. The space is approximately 1,840 square feet and includes a basement level with additional usable area, including a kitchen area and room for small gatherings, meetings, or private events. Recent improvements noted include updates to the furnace, bathrooms, plumbing, some wiring and lighting, bar stools, and an upright cooler. The rear of the building features a covered area and ramp access.
Located in Marcus, IA on N Main St, the property sits in a small-town setting described as having strong local support. The listing also notes the option for the buyer to pursue uses beyond the current bar setup, including a negotiation for the purchase price and the option to purchase bar equipment separately if desired.
With a Comm / Ind zoning designation, the building’s configuration and added basement and rear covered/ramp features provide flexibility for a continued lounge operation or alternative concepts aligned with the buyer’s plans.
Located in Marcus, IA on N Main St, the property sits in a small-town setting described as having strong local support. The listing also notes the option for the buyer to pursue uses beyond the current bar setup, including a negotiation for the purchase price and the option to purchase bar equipment separately if desired.
With a Comm / Ind zoning designation, the building’s configuration and added basement and rear covered/ramp features provide flexibility for a continued lounge operation or alternative concepts aligned with the buyer’s plans.
Key Highlights
- Approximately 1,840 sq. ft. building on Main Street in Marcus, with existing Hawkeye Lounge bar setup
- Business and operations included: building, business, equipment, and inventory included at closing
- Recent improvements include furnace updates, bathroom updates, plumbing, some wiring and lighting, bar stools, and an upright cooler
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
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
Questions? Ask Rey
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Similar Off Market 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
Frequently Asked Questions
What type of property is this?
Bar & Pub - Turnkey bar and lounge property includes building, business, equipment, and inventory, plus updated HVAC and restrooms.
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: Approximately 1,840 sq. ft. building on Main Street in Marcus, with existing Hawkeye Lounge bar setup; Business and operations included: building, business, equipment, and inventory included at closing; Recent improvements include furnace updates, bathroom updates, plumbing, some wiring and lighting, bar stools, and an upright cooler
