314 N Main St - Retail FOR SALE


Marcus, IA 51035
$325,000 USD
712-224-2727
314 N Main St, Marcus, IA for Sale
$325,000 USD
Retail - FOR SALE
1/1
null | Request Cap Rate

314 N Main St
Marcus, IA 51035


OVERVIEW

Exceptional Downtown Restaurant & Lounge – Prime Main Street Location | Real Estate Included Here is a rare opportunity to own a successful, 20-year-old restaurant and lounge that’s been a staple in the community. Situated on the main street in a small town, this business serves as the anchor of downtown and is widely considered the best option in town for dining and socializing. Patrons come from miles around, with plenty of loyal locals and out-of-towners making it a regular stop. The restaurant offers a lively, welcoming environment blending a familyfriendly atmosphere with the vibe of a popular downtown bar. The menu features traditional American fare and classic pub food—consistent favorites among a diverse clientele. With seating for up to 150 guests, the space is ideal for everyday dining, special events, and group gatherings. Cleanliness and pride of ownership are evident throughout the spotless, well-maintained premises. This turnkey operation includes the real estate, making it not only a successful business venture but also a sound long-term investment. Whether you're a seasoned operator or an entrepreneur looking to step into a proven opportunity, this restaurant and lounge offers unmatched value, a prime location, and a key role in revitalizing the downtown district. Don't miss your chance to own a cornerstone business with deep community roots and strong growth potential. Bonus - The building has two large, upstairs apartments that could be renovated and leased for additional cash flow! ** Complete information will be provided to qualified buyers upon signing a Confidentiality Agreement and completing a Confidential Buyer Profile. No direct communication with the facility or staff what-so-ever is expected as a part of the pre-due diligence phase of the sale. **

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$33 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

The Old Panhead Restaurant and Building

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

0133456012

ASK ABOUT THIS PROPERTY

Lawrence JensenNAI UnitedMore Info
712-224-2727

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Lawrence JensenNAI UnitedMore Info
712-224-2727

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