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Bar and Event Center
For Sale
$219,900

508 W Market Street, Steamboat Rock, IA 50672

Commercial Sale, Steamboat Rock, IA

Property SizeContact for details
Lot Size0.54 Acres
Days on Market700

Property Features for 508 W Market Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning Commercial
Directions South side of W Market Street in Steamboat Rock.
Standard status Active
APN 88192853014
Lot size 0.54 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Multiple Parcel IDs & Legal Descriptions. See abstracting.
Tax Annual Amount 5041
Legal Description Multiple Parcel IDs & Legal Descriptions. See abstracting.

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Amenities

game room
event center room
golf simulator room
beer garden

Building Details

Year built 2021
Flooring type Concrete, Wood
Building materials Brick, Steel Frame
Roof type Tar/Gravel
Listing Agency: Oakridge Real Estate
Listed By: Gabrielle Mitchell · License #***
Added: Nov 6, 2024 Changed: Oct 6 Last Checked: Oct 7 at 8:06AM
MLS# 20244970

Copyright © 2026 Northeast 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 2021 commercial property offers over 9,900 square feet with a bar, game room, event center, two storage rooms, and two garages. Garage-door access supports the storage areas, while the building also includes a golf simulator room, a rear entrance, and private garage parking. A kitchen area behind the bar may support future food-service use. The west side includes an apartment or flexible office area, providing adaptable space for operations or occupancy.

Set on 0.54 acres at 508 W Market Street in Steamboat Rock, Iowa, the property includes a beer garden and outdoor patio for additional gathering space. Construction consists of brick and steel framing, with concrete and wood flooring, forced-air heating, central air, public sewer, and a tar-and-gravel roof. The property is commercially zoned.

Key Highlights

  • Over 9900 sq ft on 0.54 acres
  • Bar, game room, and event center
  • Two storage rooms with garage doors

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
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Commercial venue with a game room, event space, outdoor gathering areas, and adaptable apartment or office space.
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: Over 9900 sq ft on 0.54 acres; Bar, game room, and event center; Two storage rooms with garage doors
More about this property
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