Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    815 Congress St Nora Springs, IA 50458

    For Sale
    $165,000

    Thriving Restaurant & Bar, Turnkey Sale

    Property size:
    3,616 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    Prime opportunity to acquire a well-established restaurant and bar in Nora Springs, Iowa. This turnkey sale includes a 3,616 square foot building situated on a sizable lot at 815 W Congress St, 50458, Floyd County. The property boasts a full-service kitchen and bar, ample parking, and is equipped with all necessary equipment and fixtures (excluding some leased machines). Inventory and supplies are also included in the sale price of $165,000. The business benefits from a loyal customer base and is in excellent condition. An adjacent parcel is available for separate purchase, offering additional parking or development potential. This presents a unique chance to own a profitable, established business with significant upside. The property is zoned for commercial use and is ready for immediate operation. This is a rare opportunity to step into a thriving business with existing infrastructure and a strong foundation for continued success.

    Property Features for 815 Congress St

    General Information

    Property type
    Land
    Square Feet
    3,616 SF

    HighLights

    • Turnkey restaurant and bar for sale in Nora Springs, IA.
    • 3,616 sq ft building on a large lot at 815 W Congress St, 50458.
    • Includes full‑service kitchen, bar, ample parking, and equipment (excluding some leased items).
    • $165,000 sale price includes inventory and supplies.
    • Adjacent parcel available for separate purchase.
    • Zoned commercial; ready for immediate operation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Maritz's E-Keg Bar & Grill

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Hair Salon Nail Salon Department Store Storage Facility HVAC Service Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nora Springs
    County
    Floyd
    State
    Iowa
    Longitude
    -93.0156556
    Latitude
    43.143082

    Nearby Comparable

    • $825,000
      4,266 SF

      Riverfront Ranch on Expansive Acreage

      4-bed, 2.5-bath ranch on nearly 23 acres with river views.
      1074 190Th St, Rockford, IA 50468
      View Details
    • $149,750
      10.12 Acres

      Rockford Acreage: Build Your Dream

      10+ acre lot in Rockford, Iowa, perfect for building.
      Prairie View Pl, Rockford, IA 50468
      View Details
    • New
      $1,000,000
      Pending

      Premier Hunting Retreat with Income

      169.02 acre hunting and recreational land with income potential.
      Red Ball Rd, Rockford, IA 50468
      View Details
    • $243,500
      3,700 SF

      Industrial Shop with Avenue Access

      Industrial shop with office, parking, and highway visibility.
      51 Floyd St, Rudd, IA 50471
      View Details
    • $299,900
      3,700 SF

      Rudd, IA Commercial Property

      Spacious Shop & Office, 2.16 Acres
      51 Floyd St, Rudd, IA 50471
      View Details

    FAQs

    What type of property is this?
    Land - Thriving Restaurant & Bar, Turnkey Sale
    Where is this land located?
    The property is located at 815 Congress St Nora Springs, IA.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: Turnkey restaurant and bar for sale in Nora Springs, IA.; 3,616 sq ft building on a large lot at 815 W Congress St, 50458.; Includes full-service kitchen, bar, ample parking, and equipment (excluding some leased items).
    Request Owner's contact information
    815 Congress St Nora Springs, IA 50458
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    815 Congress St
    Nora Springs, IA 50458
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    815 Congress St Nora Springs, IA 50458
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.