2142 Water St Muscatine, IA 52761-8308

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.