Listing Agency: Epique Realty k***@epique.me Show Phone

Listed By: Kyle Robinson · License #S62397000/475.163000

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 1:56PM

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Investment Insights

Based on property information with market context.

This mixed-use property combines a local bar business with two attached one-bedroom apartments. The apartments are currently rented, and the interior business contents convey with the property, including furnishings, fixtures, and equipment identified as part of the sale.

Plumbing and electrical systems have been updated as needed since the seller acquired the business. The property is located at 507 & 509 Smith Street in Grand Mound, Iowa.

Key Highlights

• Bar business with two attached 1‑bedroom apartments
• Both apartments are currently rented
• Interior furnishings, fixtures, and equipment convey

Property Analytics

Property Profile

Current Use

Bars & Pubs

Suggested Use

Top Pick Electrical Service Hair Salon Auto Repair Shop Gym & Fitness Center Spa & Massage Center Nail 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.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

53

Businesses Nearby

Explore this area Business Placement

Demographics for 52751, IA

1,066

Population

402

Households

2.7

Avg Household Size

39

Median Age

22%

College-Educated

98%

High-School Grad

50.8 sq mi

ZIP Area

21

Density / Sq Mi

$81,607

Median Household Income

$46,786

Median Earnings

$1,017

Median Rent

$169,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Bar business with two attached one-bedroom apartments and included interior furnishings, fixtures, and equipment.

Where is this mixed-use property located?

The property is located at 507 & 509 SMITH Street Grand Mound, IA.

What are key features of this property?

This property features: Bar business with two attached 1‑bedroom apartments; Both apartments are currently rented; Interior furnishings, fixtures, and equipment convey