1713 165th St - Specialty FOR SALE


Manchester, IA 52057
$685,000 USD
515-291-8701
1713 165th St, Manchester, IA for Sale
$685,000 USD
Specialty - FOR SALE
1/27
null | Request Cap Rate

NEW


1713 165th St
Manchester, IA 52057


OVERVIEW

This is a rare opportunity to acquire an **established, operating event business** in eastern Iowa, offered turnkey with a forward calendar of booked events, transferable contracts, a recognized brand, and the full inventory needed to run it from day one. For an investor or owner-operator, the hard part is already done: the space is built out, the reputation is established, and the bookings are on the calendar. The business operates out of a purpose-built **34 x 70, two-story event barn** with a classic round-top design that opens the entire upper level into a clear, unobstructed space seating **up to 250 guests**, with room for **50 more outdoors**. Large doors open on both ends, two walkout decks overlook the grounds, and it comes equipped with sound systems on each level, a flat-screen for photos and video, three indoor restrooms, a caterer's kitchen, and a chair lift to the upper level. A separate, heated and air conditioned building houses a **private bridal suite**, a groom's lounge with its own bar, a break area, and a kids' area, everything an event host needs on site. The property that supports the business sits on **2.3 beautifully kept acres** framed by mature maple trees, with a two-level patio, firepit, and an 18-foot grain-bin gazebo creating a setting where the ceremony, reception, and every photo happen in one place. Parking accommodates roughly 80 vehicles with front-door drop-off. Adding to the value, a **2,288 square foot ranch home** sits on the property, three bedrooms, two baths, an updated kitchen, newer HVAC, a 2022 roof, and an oversized two-car garage. For a business owner it is a genuine asset: on-site owner housing, lodging for wedding parties, or an additional income stream on non-event nights. The property can also be owner-occupied as a primary residence for a buyer who wants to live where they work. Established, well maintained, and thoughtfully equipped, this is a turnkey event business with an operating history, a booked calendar, and clear room to grow.

FOR SALE DETAILS

PRICE

$685,000 USD

PRICE/SF

$157 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.55 AC

LAND SF

111,078 SF

ZONING

-

APN/PARCEL ID

140-05-00-003-00

ASK ABOUT THIS PROPERTY

Elli JenningsRe Max Real Estate CenterMore Info
515-291-8701

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Elli JenningsRe Max Real Estate CenterMore Info
515-291-8701

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.