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117 S Main Street

Elkader, IA 52043
  • $165,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 20263101
UPDATED: 37 min ago
$165,000
  • 0
    BEDS
  • 0.01
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1870
County:

School Ratings & Info

Description

This offering includes two buildings located on Main Street near the Keystone Bridge. The first building is currently operating as a well-known neighborhood bar, where locals have long gathered to enjoy a cold beverage, a slice of pizza, a game of pool, and great conversation. Above the commercial space is a two-bedroom, one-bath residence, ideal for owner occupancy or additional rental income. The neighboring building was formerly used entirely as residential space. Per City of Elkader requirements, the main level must now be used as commercial space, while the upper level may remain residential if desired by the new owner. It currently features a two-bedroom, two-bath apartment-style residence. Both buildings are being sold AS-IS. Cherished by three local families over the past 60 years, including the current owner for the past 32 years, this unique property offers the opportunity for commercial use, residential living, and income-producing potential in a prime downtown location. *There are some virtually staged or altered photos

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Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. 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. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2026-07-17T22:41:47.917 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.movewithvvre.com/homes/178578407
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117 S Main Street Elkader, IA 52043

  • Price: $165,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 37 min ago
  • MLS #: 20263101
0
Beds
0
Baths
0
½ Baths
0.01
Acres
1870
Built
Neighborhood:
Gene's Place
County:
Clayton
Property Description
This offering includes two buildings located on Main Street near the Keystone Bridge. The first building is currently operating as a well-known neighborhood bar, where locals have long gathered to enjoy a cold beverage, a slice of pizza, a game of pool, and great conversation. Above the commercial space is a two-bedroom, one-bath residence, ideal for owner occupancy or additional rental income. The neighboring building was formerly used entirely as residential space. Per City of Elkader requirements, the main level must now be used as commercial space, while the upper level may remain residential if desired by the new owner. It currently features a two-bedroom, two-bath apartment-style residence. Both buildings are being sold AS-IS. Cherished by three local families over the past 60 years, including the current owner for the past 32 years, this unique property offers the opportunity for commercial use, residential living, and income-producing potential in a prime downtown location. *There are some virtually staged or altered photos
Exterior Features

Garage YN No Open Parking Spaces 1 Roof MetalMembrane

Interior Features

Building Area Total 4920 Building Features Wireless Internet Cooling Central AirOther Flooring WoodCarpet Heating Forced AirNatural GasOther Total Available Square Footage 4920 Warehouse Square Footage 0

Property Features

Agent Owned YN Yes Available Office Square Footage 0 Available Retail Square Footage 0 Building Description 2 Story Building Location Downtown Buyer Financing Cash Convention Common Area No Existing Lease Type None Expense History Historical Flood Insurance Possible For Lease YN No For Sale Rent For Sale For Sale YN Yes Gross Income 200000 Investment YN Yes Lease Per Month 0 Lease Term N/A Miles To Highway 2 Multi Tenant YN No Nearest Highway Hwy 13 Net Operating Income 0 Number Dock Doors 0 Number Drive In Doors 0 Number Rail Doors 0 Operating Expense 0 Possession Negotiable Possible Use Other Property Sub Type Office/Retail Sale Lease Includes LandBuildingBusiness Sewer Public Sewer Special Listing Conditions Normal Sale Sprinkler YN No Tax Annual Amount 2724 Tax Year 2024 Tenant Pays N/A Tiered Sliding No Utilities Electricity AvailableNatural Gas AvailableWater AvailableSewer AvailablePhone Available Zoning Commercial



Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. 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. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2026-07-17T22:41:47.917 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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Vine Valley Real Estate
808 E. 18th St.
Cedar Falls IA, 50613