Property summary
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
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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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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