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Property profile & analytics
OFF-MARKET
Bars & Pubs

139 Main St Fredericksburg, IA 50630-7705

2,000 SF 0.08 ac lot Built 1900
Individually Owned Absentee Owner Free & Clear
Property ID
US25-0604658
Property summary
AI-generated overview

This 1,000 square foot commercial building located at 139 W Main Street, Fredericksburg, IA, presents a unique investment opportunity. Situated on a 0.08-acre lot, this two-story structure boasts a rich history, having served for many years as a bar. While the second floor requires complete renovation and has been unused for an extended period, the main floor retains significant character. Noteworthy features include large bars with a beautiful wood backdrop, a partially completed bathroom, a pitched metal roof, and a metal stamped ceiling. The exterior features existing siding, and some interior sheetrock remains. A new furnace is present but not yet connected. The building offers convenient access to both Main Street parking and rear alley parking. Crawl spaces vary in height from two to five feet. The interior requires substantial work, reflecting its age and past use as an early business establishment in Fredericksburg. This property offers significant potential for redevelopment and repurposing, given its prime Main Street location and substantial square footage. The building's history and unique features provide a strong foundation for a variety of commercial ventures. Serious inquiries only.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1900
Construction FRAME
Total area 2,000 SF
Lot 0.08 ac (3,300 SF)
APN 19-15-13-1-01-069
UPID US25-0604658
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
GALEN BIGELOW
GALEN BIGELOW
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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