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    411 Main St Lost Nation, IA 52254

    For Sale
    $259,900

    Turnkey Restaurant & Event Space in Iowa

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents a well-established restaurant and event venue in the heart of Lost Nation, Iowa. The property boasts three buildings totaling significant square footage, ideal for diverse uses. The main building features two fully stocked bar rooms, a large formal dining area, and a spacious main bar area, all adding up to approximately 1800 square feet of patron space. Additionally, there are two large reception halls; one is 2440 square feet and the other is 2040 square feet, providing ample space for events and gatherings with a combined seating capacity exceeding 400. Beyond the main commercial space, the property includes a fully functional upstairs apartment with laundry hookups, and a second apartment nearing completion. The property is situated at 411 MAIN Street, Lost Nation, IA 52254, offering a prime location in the downtown area. This established business has a long history of success, making it an attractive proposition for a buyer seeking a turnkey operation with significant potential for growth and expansion. The asking price is $259,900. This is a rare chance to acquire a thriving business with substantial existing infrastructure and significant future possibilities. The property's size and versatility make it suitable for a variety of uses, from expanding the existing restaurant and event business to exploring other commercial ventures.

    Property Features for 411 Main St

    General Information

    Property type
    Restaurants

    Building Details

    Buildings
    3

    HighLights

    • $259,900 asking price.
    • Land and retail property with three buildings.
    • Located at 411 MAIN Street, Lost Nation, IA 52254.
    • Established business with over 400‑person seating capacity, two bars, and ample reception space totaling over 5000 square feet.
    • Includes a ready‑to‑use upstairs apartment and a second apartment nearing completion.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Pub Club Bar & Grill

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Hair Salon Nail Salon Storage Facility Convenience Store Bar & Pub Cosmetics Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lost Nation
    County
    Clinton
    State
    Iowa
    Longitude
    -90.8187245
    Latitude
    41.963813

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant & Event Space in Iowa
    Where is this restaurant located?
    The property is located at 411 Main St Lost Nation, IA.
    What is the asking price?
    The asking price for this property is $259,900.
    What are key features of this property?
    This property features: $259,900 asking price.; Land and retail property with three buildings.; Located at 411 MAIN Street, Lost Nation, IA 52254.
    Request Owner's contact information
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    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
    411 Main St Lost Nation, IA 52254
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