Property summary
This fully furnished bar presents a unique investment opportunity in the thriving town of Norway, Iowa. Located at 116 Railroad Street E, this establishment is ready for immediate operation, requiring no additional setup or equipment purchases. The bar boasts ample seating to accommodate a substantial number of patrons, and includes all necessary equipment for smooth and efficient service. The property sits on a 0.13-acre lot and is ideally situated within the community of approximately 466 residents, offering a built-in customer base. Its strategic location provides easy access for customers from surrounding areas, including Cedar Rapids (approximately 25 minutes away), Iowa City (approximately 40 minutes away), Marion (approximately 30 minutes away), and Coralville (approximately 35 minutes away). The proximity to Frontier Co-op, a major local employer with approximately 550 employees across its Norway and nearby sites, ensures a consistent flow of potential customers from the workforce. This turnkey operation offers a rare chance to own a profitable business in a welcoming community with convenient access to major roadways and a strong local economy. The asking price for this exceptional opportunity is $91,562. This includes all existing furniture, fixtures, and equipment. The property is ready for a new owner to step in and begin generating revenue immediately. Don't miss this chance to own a successful, established business in a desirable location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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