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Property profile & analytics

2142 Water St Muscatine, IA 52761-8308

  • Commercial real estate
  • 1.33 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US25-1875388
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Lighthouse Grill & Bar / Bar & Pub / Restaurant
  • Fairport Landing Marina / Marina

Property Details for 2142 Water St

Lot size
1.33 lot acres
Zone code
C1-COMM - SMALL BUSINESS
Property type
Commercial real estate
APN
925479004
APU
925479004

Description

This exceptional investment opportunity presents a landmark bar and restaurant with a 35-year history situated on the banks of the Mississippi River in Muscatine, Iowa. The property encompasses approximately 3.4 acres of land, boasting 850 feet of coveted river frontage, complete with a marina and docks. The main structure includes a well-established restaurant capable of seating over 300 patrons, featuring a large, fully equipped kitchen with multiple stations including a pizza oven, salad bar, and extensive grill line. The dining and bar area offers a unique Key West-style ambiance, enhanced by spacious screen porches ideal for large gatherings and events. Additional amenities include a stage for live music, a game room, and ample outdoor seating. On the property, you'll also find a two-bedroom home, an above-ground pool, several garages, and a substantial covered building perfect for boat storage. For added convenience, there are laundry facilities and bathrooms with showers available for marina patrons. The successful marina business is also available for purchase, presenting a significant additional revenue stream. Built in 1966, this property at 2142 Water Street, Muscatine, IA 52761, offers a rare blend of established business, prime riverfront location, and significant potential for future growth. The asking price is $950,000.


Value Estimations

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Location Insight

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  • Local Demand
City
Muscatine
County
Muscatine
State
Iowa
Longitude
-90.9017
Latitude
41.4358
CBSA code
34700
CBSA name
MUSCATINE, IA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,144
$53,580
$16,750
$70,330
-
$53,580
$16,750
$70,330
More about this property
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