508 W Market St Steamboat Rock, IA 50672
Estimated payment $2,209/month
About This Home
Thriving Bar & Event Center with Multiple Income Streams! Step into a fantastic opportunity with this successful bar and event center in a prime location! Featuring over 9900 sq ft of space & 2 garages. This vibrant venue offers an operable bar that will remain open until the new owner takes over, ensuring a seamless transition and continuous income. The property features a bar and spacious game room that draws regular visitors and keeps the atmosphere lively. The event center room provides an excellent space for private parties, corporate events, and live entertainment, further enhancing your profit potential. Two generous storage rooms with garage doors offer ample space for inventory and equipment. At the same time, the potential for a complete kitchen behind the bar opens the door to food service opportunities. Additionally, the Golf Simulator Room (Pro-Series widescreen, RARE $85,000+ value) presents an exciting extra income stream—perfect for hosting tournaments or renting out to enthusiasts. With regular events such as live bands and food truck nights, this venue will attract a diverse crowd and keep the customers coming back. Located on the west side of the bar, an entire apartment or adaptable office spaces provide the option for additional rental income or convenient living quarters for the owner/operator. The exterior hosts a large beer garden & outdoor patio, rear entrance, and private garage parking.
Open House Schedule
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Wednesday, September 10, 202512:00 to 2:00 pm9/10/2025 12:00:00 PM +00:009/10/2025 2:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,616
Year Built
- Built in 2021
Parking
- 2
Home Design
- Brick Exterior Construction
Additional Features
- Basement Fills Entire Space Under The House
- Forced Air Heating System
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,616 | $163,530 | $1,770 | $161,760 |
| 2023 | $2,776 | $163,530 | $1,770 | $161,760 |
| 2022 | $558 | $126,020 | $1,770 | $124,250 |
| 2021 | $558 | $30,270 | $1,770 | $28,500 |
| 2020 | $676 | $34,530 | $2,180 | $32,350 |
| 2019 | $632 | $34,530 | $0 | $0 |
| 2018 | $632 | $34,530 | $0 | $0 |
| 2017 | $1,038 | $34,530 | $0 | $0 |
| 2016 | $614 | $34,530 | $0 | $0 |
| 2015 | $496 | $27,850 | $0 | $0 |
| 2014 | $480 | $27,850 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/06/2024 11/06/24 | For Sale | $350,000 | -- | $35 / Sq Ft |
Source: NoCoast MLS
MLS Number: NOC6330971
APN: 8819-28-253-014
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