Mixed-Use Commercial
501 & 503 Iowa Avenue Essex, IA 51638
501 & 503 Iowa Avenue, Essex, IA, 51638
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For Sale
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Multi-use building includes bar area, kitchen space, attached warehouse, and an upstairs 3-bedroom apartment.
Property Size9,000 SF
Price / SF$42.78
Days on Market88
Property Features for 501 & 503 Iowa Avenue
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Property subtype
- Retail, Industrial, Mixed Use
Listing agency
Arrowhead Realty Company
Listed by
Leanne Haynes · License #B71884000
Source
Crexi
Added: Apr 27 Updated: Jul 22 at 11:21AM Checked: Jul 22 at 11:21AM
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 Arrowhead Realty Company
Investment Insights
Based on property information with market context.
This multi-use commercial property combines a bar setup with kitchen space on the main level, an attached warehouse, and residential living quarters above. The main level includes existing bar fixtures and equipment, while the business is not currently operating and would require licensing prior to reopening. The attached warehouse provides additional flexible space for storage or workspace.
Above the warehouse is a 3-bedroom, 1-bath apartment with a separate entrance, offering options for owner-occupancy or rental income. The property is presented as a package with multiple components under one roof, supported by the existing layout that links hospitality/food service areas to warehouse storage and the separate residential unit.
Overall, the building is designed for a mixed-use setup with both commercial and residential spaces, though it is not described as turnkey and would require the new owner to complete any necessary improvements and reactivation steps for food and beverage operations.
Above the warehouse is a 3-bedroom, 1-bath apartment with a separate entrance, offering options for owner-occupancy or rental income. The property is presented as a package with multiple components under one roof, supported by the existing layout that links hospitality/food service areas to warehouse storage and the separate residential unit.
Overall, the building is designed for a mixed-use setup with both commercial and residential spaces, though it is not described as turnkey and would require the new owner to complete any necessary improvements and reactivation steps for food and beverage operations.
Key Highlights
- Multi‑use commercial property with bar area, kitchen space, and attached warehouse in one building
- Upstairs 3‑bedroom, 1‑bath apartment with a separate entrance for owner‑occupancy or rental income
- Bar area includes existing fixtures and equipment; business is not currently operating and requires licensing to reopen
Property Analytics
Location Intelligence
Current Use by Public Records
Garrison's Pub N ...
Bar & Pub
FAQs
What type of property is this?
Live-work space - Multi-use building includes bar area, kitchen space, attached warehouse, and an upstairs 3-bedroom apartment.
Where is this live-work space located?
The property is located at 501 & 503 Iowa Avenue Essex, IA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Multi‑use commercial property with bar area, kitchen space, and attached warehouse in one building; Upstairs 3‑bedroom, 1‑bath apartment with a separate entrance for owner‑occupancy or rental income; Bar area includes existing fixtures and equipment; business is not currently operating and requires licensing to reopen
