Marcus & Millichap is pleased to present The Celebration Farm, a premier event venue nestled just minutes from downtown Iowa City and the University of Iowa. This
distinctive property offers investors a rare opportunity to acquire a fully operational and highly regarded event facility located within one of the state’s most dynamic
regional markets. This is a legacy property being offered for sale for the first time by the original developers. Set amid scenic woodlands, The Celebration Farm is best
known for its architecturally stunning Double Round Barn, Timber Frame Barn, and Amphitheater Arches offering flexible indoor and outdoor spaces that host weddings,
corporate retreats, and community events throughout the year. Given its overall appeal, scenic aesthetics and high regard in the local community, the venue has hosted
multiple celebrity events.
Situated on 6.6 acres of land and constructed in 2011 at a total cost in excess of $5 million, The Celebration Farm combines rustic elegance with modern functionality. The
property features multiple event venues, including the Double Round Barn, The Timber Frame Barn, and The Amphitheater, providing flexibility for events ranging from
intimate gatherings to large-scale celebrations. The facility operates without in-house food and beverage service and does not currently hold a liquor license—offering
significant upside potential for an incoming investor to expand revenue through catering partnerships and on-site beverage operations.
Conveniently located in Iowa City, the property draws strong regional demand as a premier destination wedding venue, attracting couples seeking a picturesque yet easily
accessible setting. It’s proximity to Iowa City, Coralville, and Cedar Rapids provides access to extensive lodging, dining, and entertainment options, enhancing the overall
event experience for clients and guests.
The Celebration Farm maintains a strong calendar of confirmed bookings, demonstrating consistent demand and stable cash flow. Forward-looking reservations extend
well into future seasons, underscoring the venue’s exceptional market position and brand reputation. Further upside exists through the integration of in-house food and
beverage operations and the addition of a liquor license, which would allow an investor to capture substantial incremental revenue while enhancing the overall guest
experience. Combined with its proven operating history and unmatched aesthetic appeal, The Celebration Farm represents an outstanding opportunity to acquire a
high-performing, growth-ready event venue in one of Iowa’s most desirable markets.