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Bar & Event Center with Apartment
For Sale
$219,900

508 W Market Street, Steamboat Rock, IA 50672

Full-service bar and event rooms with game space, storage garages, and an apartment or adaptable office on-site.

Property Size9,924 SF
Price / SF$22.16
Days on Market650

Property Features for 508 W Market Street

General Information

Standard status Active
Size 9,924 SF
Property subtype Commercial
Zoning Commercial

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $5,041

Amenities

Wood,Concrete
0.54
9924

Building Details

Building Size 9,924 SF
Year Built 2021
Stories 1
Listing Agency: GATEWAY ACCESS REALTY
Listed By: Tina Wing
Source: Pinnaclerealtyia
Added: Nov 6, 2024 Changed: Aug 17 Last Checked: Aug 17 at 4:03AM

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 GATEWAY ACCESS REALTY

Investment Insights

Based on property information with market context.

This property is a bar and event center with multiple usable spaces and dedicated back-of-house storage. The venue includes an operable bar, a spacious game room, and an event center room suited for private parties, corporate events, and live entertainment. Two storage rooms feature garage doors for inventory and equipment access. The bar area has space that could support a complete kitchen behind the bar, creating a path for expanded food service. An additional Golf Simulator Room is included, described as a Pro-Series widescreen unit. On the west side of the bar, there is an apartment and/or adaptable office space that can support owner use or additional rental flexibility. Outside, the property has a large beer garden and outdoor patio, along with a rear entrance and private garage parking.

The asset is located at 508 W Market Street in Steamboat Rock, Iowa, with two garages and on-site vehicle access designed for day-to-day operations and events.

For an operator seeking an all-in-one entertainment concept, the combination of bar service, event hosting space, and game-oriented programming is set up for a steady rhythm of customer activity. For investors or owner-users, the additional apartment or office configuration and the included storage garages can help support on-site management and flexible use alongside the event venue.

Key Highlights

  • Bar and event center built in 2021 with 9,924 total SF and a 0.54‑acre lot
  • Operable bar plus spacious game room, designed to support regular customer traffic
  • Event center room for private parties, corporate events, and live entertainment

Property Analytics

Current Use

Happenings Bar & Pub

Suggested Use

Top Pick Electrical Service Auto Repair Shop Storage Facility Big Box & Wholesale Store Hair Salon 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

58
Businesses Nearby
Well-served
Demand for This Use

Demographics for 50672, IA

532
Population
262
Households
2
Avg Household Size
49
Median Age
15%
College-Educated
92%
High-School Grad
37.3 sq mi
ZIP Area
14
Density / Sq Mi
$64,063
Median Household Income
$41,250
Median Earnings
$731
Median Rent
$127,800
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
Rey
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Similar Off Market Nearby

  • Lounge & Restaurant 398 W Market St, Steamboat Rock, IA 50672
  • Happenings 508 W Market St, Steamboat Rock, IA 50672

Frequently Asked Questions

What type of property is this?
Bar & Pub - Full-service bar and event rooms with game space, storage garages, and an apartment or adaptable office on-site.
Where is this bar & pub located?
The property is located at 508 W Market Street Steamboat Rock, IA.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Bar and event center built in 2021 with 9,924 total SF and a 0.54‑acre lot; Operable bar plus spacious game room, designed to support regular customer traffic; Event center room for private parties, corporate events, and live entertainment
More about this property
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