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Mixed-Use Property with Event Space
For Sale
$219,900

508 W Market Street, Steamboat Rock, IA 50672

Residential Income, Steamboat Rock, IA

Property Size9,924 SF
Lot Size0.54 Acres
Price / SF$22.16
Days on Market690

Property Features for 508 W Market Street

General Information

Property type Residential Multi Family
Property subtype Other
Basement Full
Directions google maps
Standard status Active
APN 881928253014
Size 9,924 SF
Lot size 0.54 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Multiple Parcels - Please ask agent and ask for abstracting or beacon
Tax Annual Amount 5041
Legal Description Multiple Parcels - Please ask agent and ask for abstracting or beacon

Utilities

Heating system Forced Air
Water source Public

Amenities

bar
game room
event center
golf simulator room
beer garden
outdoor patio

Building Details

Year built 2021
Floors in Building 1
Number of units 2
Building materials Brick, Metal Siding
Listing Agency: Oakridge Real Estate
Listed By: Gabrielle Mitchell · License #***
Added: Nov 6, 2024 Changed: Sep 3 Last Checked: Sep 27 at 4:06PM
MLS# 6330971

Copyright © 2026 NoCoast MLS. 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 9,924-square-foot mixed-use property, built in 2021, combines a bar area, game room, event center, storage, and flexible secondary space. The layout includes two storage rooms with garage doors, a golf simulator room, and an area that can function as an apartment or office suite. A complete kitchen may be developed behind the bar for food service use. Brick and metal siding, forced-air heating, and public water serve the building.

Outdoor amenities include a beer garden, patio, rear entrance, and private garage parking. Two garages provide additional utility for equipment, inventory, or vehicle storage. The property occupies 0.54 acres in Steamboat Rock, Iowa, and can support continued bar operations or another commercial concept, subject to applicable requirements.

Key Highlights

  • 9,924‑square‑foot mixed‑use property on 0.54 acres
  • Bar, game room, and event center for gatherings or entertainment
  • Two storage rooms with garage doors plus two garages

Property Analytics

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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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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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Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible commercial property with a bar, event area, storage, and adaptable apartment or office space.
Where is this mixed-use property 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: 9,924‑square‑foot mixed‑use property on 0.54 acres; Bar, game room, and event center for gatherings or entertainment; Two storage rooms with garage doors plus two garages
More about this property
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