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Listed price in listed location currency (USD).
$49,900

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $946
Days Active 76
Approx. Age 1950
MLS® Number 6330293

Property Address: 111 N Main St, Rake, IA, 50465-7709

Average square foot calculated using Size range provided by listing agent.

Description

Are you searching for your next lucrative investment? Look no further! This fully operational bar and grill located in Rake, IA, offers a fantastic opportunity for new income streams. Spanning a surprising amount of space, this establishment boasts an inviting 8-person sit-up bar, a generous open dining area, and an impressive range of amenities to enhance your patrons' experience. The current leased features include a pool table, jukebox, dartboard, gambling machine, and ATM, all providing additional revenue potential if new owner chooses to continue them. Adjacent to the bar area, you'll find a second sit-up bar, along with ample tables and chairs for the restaurant side, perfect for casual dining. The property has a kitchen & two restrooms for guest convenience. But that's not all! A stylish back room with sliding glass doors opens up to a fenced-in patio, offering an inviting outdoor space for customers to relax and enjoy their time. **Please note that all food and beverage inventory, cash register, and Red Bull fridge are excluded from the sale.** Ohhhh, the possibilities!!
MLS® Number6330293
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1950
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 30, 2025List Date
$49,900List Price
  • Commute

Commute

Starting Address
Destination Address
111 N Main St, Rake, IA

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