Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    108 Main St Ossian, IA 52161

    • Office buildings
    • 7,540 SF
    • 0.24 lot acres
    For Sale
    View listing
    $295,000
    Value Estimation
    Location Intelligence
    Property ID
    US25-1805729
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Shooters Bar & Grill / Bar
    • The Local Sports Bar + Grill / Restaurant

    Property Details for 108 Main St

    Year built
    1920
    Lot size
    0.24 lot acres
    Property size
    7,540 SF
    Property type
    Office buildings
    APN
    191043301100
    APU
    191043301100

    Description

    This established Ossian, IA bar and restaurant, located at 108 W Main St, is offered for sale at $295,000. The 2,136 square foot, single-story building sits on a 0.2-acre lot (8712 sq ft) and was renovated in 2022. Built in 1952, the property features a fully equipped kitchen with appliances including a dishwasher, hood/fan, microwave, range/oven, and refrigerator. The bar includes a sound system. The building also boasts central air conditioning, electric and gas heating fueled by natural gas, and four bathrooms (two full, two half). The property's high-traffic location and loyal customer base provide a strong foundation for continued success. The existing menu offers comfort food and snacks, perfect for casual dining and game days. This turnkey operation includes trained staff and established suppliers, allowing for immediate operation. The property presents a unique opportunity for expansion, event hosting, and menu diversification. This versatile space offers potential beyond its current use as a bar and restaurant. The 50x173x50x168 lot dimensions provide ample space. This is a rare opportunity to acquire a thriving business in a desirable location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ossian
    County
    Winneshiek
    State
    Iowa
    Longitude
    -91.7645
    Latitude
    43.1452

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,296
    $22,030
    $272,510
    $294,540
    -
    $22,030
    $272,510
    $294,540

    Comparable in this City

    • Value Estimation
      $370,000
      5,356 SF

      103 Main St

      PROFESSIONAL BUILDING • 5,356 SF
      103 Main St, Ossian, IA 52161-7702
      View Details
    • Value Estimation
      $200,000
      2,244 SF

      109 Main St

      PROFESSIONAL BUILDING • 2,244 SF
      109 Main St, Ossian, IA 52161-7702
      View Details
    • Value Estimation
      $235,000
      3,050 SF

      112 Main St

      MEDICAL BUILDING • 3,050 SF
      112 Main St, Ossian, IA 52161
      View Details
    • Value Estimation by Request
      1.50 Acres

      Ossian, IA 52161

      VACANT COMMERCIAL LAND • 1.50 Acres
      Ossian, IA 52161
      View Details
    • Value Estimation by Request

      Us Hwy 52

      COMMERCIAL (GENERAL)
      Us Hwy 52, Ossian, IA 52161
      View Details
    • Value Estimation by Request
      6.25 Acres

      Ossian, IA 52161

      VACANT COMMERCIAL LAND • 6.25 Acres
      Ossian, IA 52161
      View Details
    Request Owner's contact information
    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.
    108 Main St
    Ossian, IA 52161
    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
    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.