Technical
Financial
Distress signals
Property profile

106 3rd St Low Moor, IA 52757

OFF-MARKET
Bars & Pubs
Property ID
US25-1356492
3,520 SF 0.1 ac lot Built 1908
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional turnkey business opportunity presents the chance to own Santee's Bar and Grill, a well-established restaurant located at 106 3rd Street, Low Moor, IA 52757. The property, built in 1908, includes a main building encompassing a fully operational bar and grill, recently renovated and meticulously maintained. The sale includes all existing equipment and fixtures, allowing for immediate operation. The bar, bathrooms, and seating areas are in excellent condition, designed to attract and retain customers. The commercial kitchen is exceptionally clean and well-equipped. An attractive outdoor patio provides additional seating, perfect for enjoying the sunshine. Adding to the investment potential, a three-bedroom (potentially four-bedroom) apartment occupies the upper level, currently generating rental income. This provides a valuable supplemental revenue stream. The property sits on land in Clinton County, Iowa, and is ready for a new owner to continue its success within the welcoming Low Moor community. This is a rare opportunity to acquire a profitable, established business with significant upside potential. The asking price for this complete package is $249,000.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1908
Total area 3,520 SF
Lot 0.1 ac (4,524 SF)
APN 2400500000
UPID US25-1356492

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

106 3rd St Low Moor, IA 52757-0107
Low Moor metro Census 800 CLINTON, IA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 106 3rd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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