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Property profile & analytics
OFF-MARKET Estimated value $685,000
Bars & Pubs

116 Bryant St Walcott, IA 52773-7704

11,224 SF 0.19 ac lot Built 1890
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US25-0725459
Property summary
AI-generated overview

This exceptional commercial property, located at 116 Bryant Street in Walcott, Iowa, presents a unique investment opportunity. Situated conveniently near I-80 and the Walcott truck stop, this 11,224 square foot building offers a thriving event center with a built-in bar and a newly installed stage. A separate bar and grill, accessible via its own entrance, adds another revenue stream. The property sits on a 0.19-acre lot and boasts a seating capacity of 500 for the combined event center and bar/restaurant. All equipment, furniture, and fixtures (FF&E) are included in the sale, significantly reducing start-up costs for the new owner. The building has undergone recent renovations and updates, ensuring a move-in ready condition. Adding to the income potential, two apartments located above the commercial space are currently leased, providing a consistent rental income. These apartments have their own separate entrance for privacy and convenience. The property's prime location and diverse revenue streams make it an ideal investment for entrepreneurs seeking a turnkey operation with significant earning potential. Detailed financial documents are available upon request. The asking price is $295,000.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1890
Construction FRAME
Total area 11,224 SF
Lot 0.19 ac (8,233 SF)
APN 820653001
UPID US25-0725459
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
Current use
Occupant on record · Public records
  • The Coliseum Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$724k
Blend (final) Blend
$685k
Owner & transaction history
Lacher Properties LLC
Lacher Properties LLC
since 2026
3 recorded transactions
2026
$225,000
2021
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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