$285,000

MLS ID #: 20214271
SqFt
4,876 ft2
SqFt
4,876 ft2
Acres
0.08
SELLERS ARE WILLING TO DO A CONTRACT WITH 20% DOWN, CALL FOR MORE DETAILS. Now is your chance to be your own boss and own your own business! This bar/restaurant has been a staple in Marble Rock for over 40 years and it's never looked better!! Whitetails is a popular spot for motorcycle and snowmobile poker runs and was a host for a RAGBRAI stop in 2014. Walk in and take notice of the knotty pine walls, cultured stone bar with a handcrafted lumber top and pillars made from trees. The front room area seats approximately 70 people and the decor throughout the building include mounts of whitetail deer and various fish, including walleye, croppies, bluegills and bass. The wall mounts belong to private individuals who proudly 'show off' their prize trophies. Behind the bar is a NEW ice machine, Glastender automatic glass washer, ice cream machine, 1 single door cooler and 1 double door coolers. In the kitchen you'll find an updated (2021) walk in cooler ($40k), a 3 compartment stainless steel sink, 2 Henny Penny pressure fryers (broasters), a Tri-Star flat top grill with 4 gas burners and double ovens, an 11 burner grill, 1 double basket Anets fryer, a refrigerated prep station, a pizza oven, an Arctic Air double door commercial freezer, 1 large chest freezer, a Nor-Lake single door stand up chest freezer, a Jackson Series 150 dishwasher and a Scotsman ice machine. The banquet room seats 60 people and has a salad bar and hot food table. The re-rocked lower level of Whitetails is called The Beaver Den. It is one of a kind! You have to see this space to believe and understand how awesome it is! With two private entrances, it's the perfect place to host a private party - it consists of two bar areas, a dart board, a foosball table, a pool table and TV. The opportunities to generate income from this space alone are endless. Outdoors you'll find a 9 hole miniature golf course in front of The Rack Shack bar that is also made of handcrafted lumber. Also outside is a two stall garage - half of it is used for storage and the other half is set up with a side window that has served as the music DJ stand. To top it all off...there is a 6 bedroom 1 bath apartment above the bar -- yet another income opportunity for the new owner OR live there to save on personal living expenses. The current owners are willing to stay on to support and train new owners.

Property Details

MLS ID #:
20214271

Property Address:
105 N Main St
Marble Rock, IA 50653

County:
Floyd

Region:
Outside the Metro Area

Location:
Downtown

Property Type:
Commercial

Sub-Type:
Retail

Building Description:
2 Story, Basement, Free Standing, Multi-Tenant

Insulation:
Other Insulation, Side Walls

Date Listed:
September 1st, 2021

Status:
Active

Price:
$285,000.00

Ownership:
Individual

Possession:
At Closing

Gross Taxes:
$1,726.00

Tax Year:
2020

Multi-Tenant:
Yes

Possible Financing:
At Closing, Cash Convention

Sale/Rent:
For Sale

Sale/Lease Type:
Normal Sale

For Sale:
Yes

Ivestment:
Yes

Avail at List Office:
Legal Description

Zoning:
Commercial

Potential Use:
Retail

Restrict/Easements:
Unknown

Legal Desc:
LOT:1,4 MRSD4 EX N33' LOT 1 MRSD4 LOT 4 BLOCK 8 MAP REF:PM 140935300800 MR LOTS 1,2,3 SD 4 BLOCK 8 AND THE MID 1/3 OF LOT 3 BLOCK 8

Amenities:
Wireless Internet

Included:
Building, Business, Equipment, Furniture, Inventory, Land, Trade Fixtures

Total Avail Sq Ft:
4,876 sq ft

Total Building Sq Ft:
4,876 sq ft

Retail SqFt:
4,876 sq ft

Lot Sq Footage:
3,476

Acres:
0.08

Frontage/Access:
Corner Lot, City Street, Paved 2 Lane

Exterior:
Brick, Stucco

Roof Construction:
Comp Shingle, Metal

Wall Construction:
Block

Floor Construction:
Tile/Vinyl

Utilities Available:
Electric, Gas, Phone, Sewer, Water

Sewer Type:
City Sewer

Heating:
Forced Air, Gas, Electric

Cooling:
Central, Individual Control, Individual Units

Realtor/Equal Housing Lender Listing provided courtesy of Focus Real Estate, LLC.
Listing Agent: Peggy Feltus
IDX data comes from the Northeast Iowa Regional Board of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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