508 W Market StreetSteamboat Rock, IA 50672

Multi-Family · 9,924 Sq. ft. | 0.54 Acres
$219,900 Active

508 W Market Street Overview

Time on Site:
315 days
Visits:
43

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.

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508 W Market Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 9,924
  • Price/Sq.ft. $22
  • Lot 0.54 Acres

Details

General

Income/Expenses

  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 0
  • Maintenance Expense: 0
  • Operating Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Listing Information

  • Contingency: None

Building Information

  • Year Built: 2021

Location/Region

  • County Or Parish: Hardin
  • Postal City: Steamboat Rock

Tax Information

  • Tax Annual Amount: 5041
  • Tax Year: 2023

General Information

  • Parcel Number: 881928253014
  • Property Type: Residential Income

Interior

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Accessibility Features: No Stairs Internal,No Stairs External
  • Basement: Full
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: Forced Air
  • Living Area: 9924
  • Living Area Units: Square Feet
  • Stories: 1

Exterior

Lot Information

  • Lot Size Acres: 0.54
  • Lot Size Dimensions: See assessor
  • Lot Size Square Feet: 23522.4
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Other
  • Construction Materials: Brick,Metal Siding

General Information

  • Number Of Units Total: 2
  • Sewer: City Sewer/Connected

Room Information

Room: Extra Room 1

    Room: Extra Room 2

      Room: Extra Room 3

        Room: Extra Room 4

          Room: Extra Room 5

            Room: Extra Room 6

              508 W Market Street Neighborhood

              Community

              50672 (Steamboat Rock) Demographics

              47
              Median Age
              14
              Population Density (per sq. mile)
              38%
              College Educated
              $54,554
              Estimated Median Income
              159
              Estimated Total Home Owners
              64
              Estimated Total Renters
              71% / 29%
              Estimated Owner / Renter Divide
              2
              Estimated Average Household Size
              Community data courtesy of LiveBy, Inc.

              Schools

              School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

              508 W Market Street Monthly Cost

              $
              $ %
              %
              $
              $
              * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

              508 W Market Street Market Data

              Based on the last 30 days in this zip code

              $958,266
              Average List Price
              $237
              Average Price per Square Foot
              0
              Properties Sold
              54
              Average Days on Market
              3
              Properties for Sale
              Calculations provided by Reliance Network

              508 W Market Street History

              Date Event Value Agent
              3/6/2026Source: NoCoast MLS Price Reduction
              $219,900 -26.5%
              9/19/2025Source: NoCoast MLS Price Reduction
              $299,000 -14.6%
              8/19/2025Source: NoCoast MLS Added to Database
              August 19, 2025
              Listing provided courtesy of Oakridge Real EstateNoCoast MLS- MLS# 6330971MLS Provider