940 Main St - Retail FOR SALE


Havelock, IA 50546
$39,999 USD
712-358-0042
940 Main St, Havelock, IA for Sale
$39,999 USD
Retail - FOR SALE
1/1
null | Request Cap Rate

940 Main St
Havelock, IA 50546


HIGHLIGHTS

  • Additional historic post office building included in the offering
  • Located on Main Street with established commercial frontage
  • Walk-in cooler already in place for food service operations
  • Opportunity Zone location may provide qualifying tax incentives

OVERVIEW

940 Main Street presents an opportunity to acquire a fully equipped restaurant and bar property in the center of Havelock, Iowa. The offering includes the operating business contents, multiple parcels, an outdoor stage area, a walk-in cooler, and a historic former post office building that can support additional indoor seating, event space, or storage functions. The property has undergone extensive remodeling and is configured for continued food and beverage operations. Positioned along Main Street, the asset benefits from visibility within Havelock's downtown area and serves as a gathering place within the local community. The combination of restaurant infrastructure, outdoor entertainment space, and supplemental building area creates flexibility for owner-users seeking to establish or expand a hospitality concept. Investors may also recognize value in the property's existing improvements and included equipment package. The site's multiple parcels provide additional functionality beyond the primary building footprint, supporting outdoor events and operational flexibility. Public water service, paved street frontage, and an established commercial setting contribute to the property's usability. The location offers access to surrounding communities throughout Pocahontas County while maintaining a presence on the town's primary commercial corridor. The property is located within a designated Opportunity Zone, which may allow qualifying investors to pursue applicable Opportunity Zone tax benefits. Combined with the property's modest acquisition cost and existing restaurant infrastructure, the offering presents a unique entry point for hospitality operators, entrepreneurs, and local business investors.

FOR SALE DETAILS

PRICE

$39,999 USD

PRICE/SF

$20 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,876 SF

ZONING

-

APN/PARCEL ID

000000235234004

ASK ABOUT THIS PROPERTY

Dana ReindersExit Realty Midwest- SpencerMore Info
712-358-0042

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Dana ReindersExit Realty Midwest- SpencerMore Info
712-358-0042

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