Property profile & analytics
702 Lake St Ventura, IA 50482
- Turn key restaurants
- 1,547 SF
- 0.08 lot acres
For Sale
View listing
$4,500,000
Value Estimation
Location Intelligence
Property ID
US25-2263410
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
- Muskie Lounge / Bar & Grill
Property Details for 702 Lake St
- Year built
- 1975
- Construction
- FRAME
- Lot size
- 0.08 lot acres
- Property size
- 1,547 SF
- Property type
- Turn key restaurants
- APN
- 51745201100
- APU
- 51745201100
Description
This exceptional 5.88-acre lakeshore property in Ventura, IA, presents a unique investment opportunity. The iconic Muskie Lounge, a turnkey restaurant and marina business, is offered at $4,500,000. The property boasts breathtaking views and prime location near McIntosh Woods State Park, making it a sportsman's paradise. The existing 40x73-foot building features a concrete floor and 200-amp service. Included in the sale are two pontoon boats, two trailers, and a dock, allowing for immediate operation of the boat slip and rental business. The restaurant equipment is included, excluding coke coolers/machines and a few personal items
Value Estimation
Powered by Realmo proprietary methodology
Last update: July 3, 2025
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ventura
- County
- Cerro Gordo
- State
- Iowa
- Longitude
- -93.4646
- Latitude
- 43.1266
- CBSA code
- 32380
- CBSA name
- MASON CITY, 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
2022
$7,488
$310,770
$143,240
$454,010
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$310,770
$143,240
$454,010
