You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1210 Shr Dr. Clear Lk Clear Lake, IA 50428

4,500 SF 0.51 ac lot Built 1972
Property ID
Property summary
AI-generated overview

This profitable, 4,500 sq ft restaurant and bar in Clear Lake, Iowa, is offered at $600,000. Located on a 0.51-acre lot, this single-tenant property boasts 100% occupancy and features a renovated interior (2011) within a building constructed in 1972. The property is zoned C and enjoys a prime location near the lake, attracting both local and tourist clientele. All equipment and inventory are included in the sale price. The business benefits from a loyal customer base and strong income streams. This represents a rare opportunity to acquire a well-established, successful restaurant in a desirable lakeside setting. The property's location offers significant potential for continued growth and profitability. The sale includes all existing equipment and inventory. This is a single-story building.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1972
Total area 4,500 SF
Lot 0.51 ac (22,216 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1210 Shr Dr. Clear Lk?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
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