You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET
Bars & Pubs

266 Main St Lansing, IA 52151

1,610 SF 0.03 ac lot Built 1916
Individually Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US25-1173960
Property summary
AI-generated overview

This 1,210 square foot mixed-use storefront property at 266 Main Street, Lansing, Iowa, 52151 is available for $195,000. Currently vacant, this Class C building offers a unique opportunity. Previously operating as a successful short-term rental and banquet hall, "The Little Nashville," it boasts a proven track record and existing bookings. The property's location in the charming river town of Lansing, Allamakee County, provides access to both local and tourist markets. The turnkey nature of the business allows for immediate operation or expansion of existing services. The property's versatility allows for various uses, making it an attractive investment in Northeast Iowa's vibrant tourism sector. The building's 1,210 square feet provide ample space for a variety of commercial ventures. This is a rare chance to acquire a profitable, established business in a desirable location. The property is ready for a new owner to capitalize on its potential. Serious inquiries are encouraged.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1916
Total area 1,610 SF
Lot 0.03 ac (1,200 SF)
APN 829426028
UPID US25-1173960
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Leigh Sherburne Gavin · 4 yrs held
Leigh Sherburne Gavin
since 2021
1 recorded transaction
2021
$75,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 266 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message