Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Bar & Pub
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning