Building Details

Building Size 3,936 SF

Year Built 1912

Buildings 1

Stories 1

Listing Agency: GLD Commercial Real Estate Advisors Show Phone

Listed By: Karrie Schultz · License #B63691000 Show Phone

Source: Pinnaclerealtyia

Added: Oct 23 Changed: Oct 25 Last Checked: Oct 24 at 2:37PM

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Investment Insights

Based on property information with market context.

Located in Elma, Iowa, this 3,936-square-foot commercial building dates to 1912. Its prior operation as a bar and restaurant establishes a food-service history, while the property is also described as suitable for other commercial ventures.

The building is at 616 Busti Avenue and has paved access along a two-lane road. The site measures 0.207 acres.

Key Highlights

• 3,936‑square‑foot building
• Previously operated as a bar and restaurant
• 0.207‑acre site

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick Storage Facility Building Supply Butcher Hair Salon Nail Salon Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

65

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 50628, IA

1,296

Population

628

Households

2.1

Avg Household Size

44

Median Age

16%

College-Educated

92%

High-School Grad

113.4 sq mi

ZIP Area

11

Density / Sq Mi

$57,596

Median Household Income

$35,543

Median Earnings

$652

Median Rent

$140,900

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

Similar Off Market Nearby

• Blue Bird Tavern — 616 Busti Ave, Elma, IA 50628

Frequently Asked Questions

What type of property is this?

Bar & Pub - The commercial building offers space for food-and-beverage operations or another business use.

Where is this bar & pub located?

The property is located at 616 Busti Avenue Elma, IA.

What is the asking price?

The asking price for this property is $110,000.

What are key features of this property?

This property features: 3,936‑square‑foot building; Previously operated as a bar and restaurant; 0.207‑acre site