513 2nd St, Lohrville, IA 51453-7705
This exceptional turnkey business opportunity presents itself in the form of Burd's Bar, a well-established and popular establishment located at 513 2nd Street, Lohrville, IA. Boasting 2,000 square feet of space situated on a 0.08-acre lot, this property offers a thriving business with a loyal local clientele. Burd's Bar is known for its relaxed atmosphere and its reputation as a community hub, frequently featuring live music. The sale includes everything needed to immediately begin operations, making this an ideal acquisition for a hands-on owner seeking a pre-existing, successful business. The asking price for this profitable venture is $99,000. This represents a unique chance to own a well-regarded business in a desirable location, ready for immediate income generation. The property's size and established customer base provide a solid foundation for continued success and growth. The current setup is designed for efficiency and ease of operation, minimizing the need for significant initial investment beyond the purchase price. This is a rare opportunity to step into a thriving business with minimal start-up costs and immediate revenue potential. Don't miss out on this chance to own a piece of Lohrville's vibrant community.
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Burd's Bar & Grill Bar & Pub Restaurant
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Ivy Joe's Bar And Grill Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2018Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.