Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    403 E Main St Belmond, IA 50421
    Back to Search
    Property profile & analytics

    403 E Main St, Belmond, IA 50421

    View on Map

    • Bars & Pubs
    • 12,168 SF
    • 0.30 lot acres
    Renovated Event Center on Main For Sale
    $390,000
    12,168 SF

    Renovated Event Center on Main

    Turn-key event venue with bookings through winter 2026.

    403 E Main St, Belmond, IA 50421
    View Listing
    Property ID
    US25-1462379
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • El Padrino 2 NightClub / DJ & Entertainment / Nightclub

    Property Details for 403 E Main St

    Year built
    1979
    Lot size
    0.30 lot acres
    Property type
    Bars & Pubs
    Property subtype
    Pubs
    APN
    04-30-111-019
    APU
    430111019

    Description

    This exceptional 12,168 square foot commercial property, located at 403 E Main Street in Belmond, Iowa, presents a unique investment opportunity. Situated on a 0.3-acre lot, this building has been completely renovated and transformed into a premier event and music venue. Previously a thriving meat and grocery market, the property underwent a significant transformation during the pandemic. The current owner meticulously updated the space, creating a state-of-the-art facility ideal for a wide range of events. Improvements include a brand-new sound system, updated lighting, and completely remodeled bathrooms. High-quality finishes throughout contribute to the overall upscale feel. The venue is currently booked for various family events throughout the summer of 2024, demonstrating strong existing demand and potential for continued success. This turnkey operation offers immediate income potential and a rare opportunity to own a fully equipped, high-quality event center in a desirable location. The asking price is $875,000. This property is ready for a new owner to continue its success story. The building's history as a well-established local business adds to its appeal and provides a strong foundation for future growth. The ample square footage allows for diverse event configurations, catering to a broad range of clients and events.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Belmond
    County
    Wright
    State
    Iowa
    Longitude
    -93.6127
    Latitude
    42.8462

    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
    $3,222
    $20,000
    $125,100
    $145,100
    -
    $20,000
    $125,100
    $145,100
    View Listing
    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