10537 Shaw Rd Anamosa, IA 52205-7668
This exceptional turnkey business opportunity in Anamosa, Iowa presents a thriving bar and restaurant with a rich history as a premier live music venue. Located on a picturesque 1.58-acre lot alongside the Wapsipinicon River, this establishment enjoys a loyal following, attracting patrons from a wide area. Its popularity extends to motorcycle, bicycle, SXS, and snowmobile enthusiasts, providing a convenient and appealing gathering spot. The property features a dedicated private loft room, ideal for private parties, meetings, or intimate gatherings. This versatile space also lends itself to larger events, such as weddings or conventions, offering ample room and stunning river views. An attractive outdoor patio provides additional seating and a relaxing atmosphere for alfresco dining. The building itself is meticulously maintained and in excellent condition. All equipment is newer and in top working order, ensuring a smooth transition for the new owner. This represents a rare chance to acquire an established and successful business in a desirable location, offering immediate income potential and significant growth opportunities. The property's prime location and diverse appeal make it an exceptional investment for experienced restaurateurs or ambitious entrepreneurs seeking a profitable venture in the hospitality industry. Priced at $650,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.