201 Rath Street

    Waterloo, IA 50703
    • $155,000
    • STATUS: Active
    • ON SITE: 73 days
    • MLS #: 20196447
    $155,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,565
      SQFT
    • $60
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1940
    County:
    Area:

    School Ratings & Info

    Description

    Great opportunity for owning a bar in Waterloo with this turn key sale that includes the land, building, business, and business trade fixtures/equipment. The property features 2565 sq ft of retail space and includes a large mahogany bar, walk-in cooler, tappers, bar stools, tables, chairs, along with bar and food prep equipment, 2 pool tables and foosball table. The parking lot is 6100 sq ft of paved asphalt. This property is also located within the Waterloo CURA and Rath Tif district with potential buyer's incentives for tax abatement. This property/business has a long-storied history as the Packers Inn near the former Rath Packing Company. Not Included in this sale are: 9 wall mounting of animal heads, fish and animal skulls that are the owner's personal items will be removed and are not part of the sale. Also, not included are the Juke Box and Electronic gaming machines that are leased.

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    Listing information © 2020 Waterloo Cedar Falls Board of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS. Data last updated: 2020-02-21T23:53:28.07.
    www.cedarvalleyhomesforsale.com/homes/101634500

    201 Rath Street Waterloo, IA 50703

    • Price: $155,000
    • Status: Active
    • MLS #: 20196447
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    2,565
    SQFT
    $60
    $/SQFT
    1940
    Built
    Neighborhood:
    Morning Side Addition
    County:
    Black Hawk
    Area:
    Black Hawk
    Property Description
    Great opportunity for owning a bar in Waterloo with this turn key sale that includes the land, building, business, and business trade fixtures/equipment. The property features 2565 sq ft of retail space and includes a large mahogany bar, walk-in cooler, tappers, bar stools, tables, chairs, along with bar and food prep equipment, 2 pool tables and foosball table. The parking lot is 6100 sq ft of paved asphalt. This property is also located within the Waterloo CURA and Rath Tif district with potential buyer's incentives for tax abatement. This property/business has a long-storied history as the Packers Inn near the former Rath Packing Company. Not Included in this sale are: 9 wall mounting of animal heads, fish and animal skulls that are the owner's personal items will be removed and are not part of the sale. Also, not included are the Juke Box and Electronic gaming machines that are leased.
    Exterior Features

    Building Description 1 Story Dock Doors 0 Exterior Finish Brick Frontage Access Corner LotCity StreetPaved 2 LanePaved 4 Lane Location Industrial Area Roof Construction Comp RollMetal

    Interior Features

    Common Area No Cooling Individual Units Floor Construction Tile/VinylConcrete Heating Gas Insulation RoofSide Walls Sprinkler No Sq Ft Total Available 2565 Wall Construction BrickBlock

    Property Features

    Agent Owned No Amenities Cable Commercial Type Retail Flood No For Lease No For Sale Yes Gross Income Is Projected Gross Taxes 3486 Investment Yes Lease Type None Multitenant No Ownership IndividualLL Corp Possession At Closing Possible Financing Cash ConventionAt Closing Potential Use RetailLight IndustrialHeavy IndustrialOther Potential Uses Price Type Gross Region Waterloo Downtown Wadt Sale Lease Includes LandBuildingBusinessLicense/PermitsEquipmentTrade FixturesFurniture Sale Type Normal Sale Sewer City Sewer Tax Incentive Tif DistrictCura District Tax Year 2018 Utilities On Site ElectricGasWaterSewerPhone Zoning N-2

    Listing provided courtesy of Wesley Sorge of Midtown Realty.
    Listing information © 2020 Waterloo Cedar Falls Board of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS. Data last updated: 2020-02-21T23:53:28.07.
     
    Amy Wienands Real Estate
    1730 W. Ridgeway Avenue
    Waterloo IA, 50701