For Sale
$399,000

200 Main StLansing, IA 52151

Iowa Riverfront Business Opportunity: Three Buildings, Huge Potential!

Overview

Added:
Dec 11, 2024
Days on market:
117
Own a piece of Lansing, Iowa history with this exceptional multi-building commercial property at 200 Main St, 52151. This turnkey business opportunity encompasses 12,845 square feet across three historic buildings, built in 1888, situated on a 0.18-acre lot. The main building houses a thriving bar and restaurant, complete with a spacious banquet area ideal for generating additional revenue through event rentals and private parties. Enjoy stunning river views from this bright and airy establishment. Above the commercial space, four fully rented apartments and a bonus Airbnb unit provide a consistent rental income stream. These charming apartments feature updated interiors and hardwood floors. The property is zoned commercial and offers significant flexibility for future business ventures. While currently operating as a successful bar and restaurant, the space is adaptable to various other commercial uses. The sale includes all three buildings, though options for separate sales may be considered. This is a rare opportunity to acquire a substantial and established business with significant upside potential in a desirable location.

Highlights

  • $399,000 asking price for this Iowa bar and restaurant.
  • 12,845 square feet on a 0.18-acre lot.
  • Three historic buildings, two stories each, built in 1888.
  • Includes a restaurant, bar, and banquet area.
  • Features five apartments (four rented, one Airbnb).
  • Commercial zoning.

Property Details for 200 Main St

Property type
Retail properties, Restaurants
Square Feet
12,845 SF
Year Built
1888
Buildings
3
Stories
2
Lot Size (sq. ft)
7,841 SF

Location Insight

City
Lansing
County
Allamakee
State
Iowa
Latitude
43.3609059
Longitude
-91.2187754
200 Main St, Lansing, Iowa

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200 Main St
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