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Restaurant and Bar with Patio
New
For Sale
$499,000

628 Lombard Street, Clarence, IA 52216

The sale includes the operating business, its land, and a historic brick building with dedicated event and recreation areas.

Property Size6,097 SF
Price / SF$81.84
Days on Market3

Property Features for 628 Lombard Street

General Information

Standard status Active
Size 6,097 SF
Property subtype Commercial
Zoning commercial

Taxes and HOA fees

Annual Taxes $1,708

Amenities

Vinyl
88x94
0.19
CountyRoad

Building Details

Year Built 1900
Listing Agency: Koch Real Estate
Listed By: Sara Kruse
Source: Pinnaclerealtyia
Added: Oct 7 Last Checked: Oct 7 at 2:18PM

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 Koch Real Estate

Investment Insights

Based on property information with market context.

This restaurant and bar occupies a 6,097-square-foot brick commercial building constructed in 1900. The property is offered with the land and operating business as a package. Interior and outdoor amenities include a private party area, pool tables, dartboards, and a patio with its own bar and a band stage. The business operates seven days a week as a family-friendly sports bar and grill, serving specialty flatbread pizzas, burgers, and seafood.

The building sits at the corner of Lombard Street and 7th Avenue in Clarence. The property is zoned commercial.

Key Highlights

  • 6,097‑square‑foot brick commercial building dating to 1900
  • Sale package includes the building, land, and operating business
  • Outdoor patio with bar and band stage

Property Analytics

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Current Use

Victory Lane Bar ... Bar & Pub

Suggested Use

Top Pick Dental Office Electrical Service Real Estate Agency Garden Center (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

111
Businesses Nearby
Well-served
Demand for This Use

Demographics for 52216, IA

1,461
Population
714
Households
2
Avg Household Size
46
Median Age
14%
College-Educated
96%
High-School Grad
58.0 sq mi
ZIP Area
25
Density / Sq Mi
$66,375
Median Household Income
$38,850
Median Earnings
$878
Median Rent
$165,400
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - The sale includes the operating business, its land, and a historic brick building with dedicated event and recreation areas.
Where is this conventional restaurant located?
The property is located at 628 Lombard Street Clarence, IA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 6,097‑square‑foot brick commercial building dating to 1900; Sale package includes the building, land, and operating business; Outdoor patio with bar and band stage
More about this property
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