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Listed price in listed location currency (USD).
$190,000

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $648
Days Active 116
Approx. Age 1955
MLS® Number 250773

Property Address: 204 Main St, Terril, IA, 51364

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

Description

Seller financing and contract purchase options are available, making this a flexible opportunity for buyers looking to invest in a well-established business. This locally loved bar and grill offers small-town charm just 10 miles east of the Iowa Great Lakes, attracting both locals and visitors. Known for its excellent food, including popular wing nights and steak nights, the business has built a strong reputation and a loyal customer base. The sale includes three parcels: the bar and restaurant, an adjacent parking lot, and an additional lot to the west that features a cold storage shed. The sellers have made extensive upgrades, including remodeling both bathrooms, adding a new enclosed backroom with updated wiring, installing a new exhaust system, replacing the front windows, pouring a cement pad for outdoor seating, adding two cement pads for new walk-in coolers, and placing fresh rock around exterior areas. Kitchen improvements include a new prep table and a three-compartment sink, along with the installation of a 50-amp outlet. Major updates also include a new roof in 2019 and a new furnace in 2020. The cold storage shed has been raised with new steps and reinforced with new rafters. The property is being sold as-is and turn-key with all furnishings and equipment included, allowing a new owner to step in and continue the successful operation without interruption.
MLS® Number250773
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1955
Stories
Pets

Included in Maintenance Fee

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

Utilities

HeatForced Air
A/CCentral
Heating Fuel

Extras

Building, Business, Fixture/Equipment, Inventory, Land

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 20, 2025List Date
$190,000List Price
  • Commute

Commute

Starting Address
Destination Address
204 Main St, Terril, IA

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