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117 S Main Street

Elkader, IA 52043
  • $165,000
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: 2604857
New On Site 6 Days Ago
UPDATED: 42 min ago
$165,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,920
    SQFT
  • $34
    $/SQFT
Neighborhood:
Type:
Business Opportunity
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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© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. 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 the MLS or Graf Real Estate ERA Powered. Data last updated: 2026-07-15T11:42:38.613.
www.cedarrapidsareahomes.com/homes/178571348
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117 S Main Street Elkader, IA 52043

  • Price: $165,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 42 min ago
  • MLS #: 2604857
0
Beds
0
Baths
0
½ Baths
0.11
Acres
4,920
SQFT
$34
$/SQFT
1870
Built
Neighborhood:
OT-E (East Of I-380)
County:
Clayton
Area:
OT-E (East Of I-380)
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

Roof Membrane Metal

Interior Features

Basement YN Yes Cooling See Remarks Central Air Wall / Window Unit(s) Cooling YN Yes Flooring Carpet Wood Heating See Remarks Gas Heating YN Yes Interior Features Storage Levels Two Window Features Display Window(s)

Property Features

Association YN No Building Features Private Restrooms Inclusions Building Business Land See Remarks Lease Considered YN No Listing Terms Cash Other Possession Negotiable Property Sub Type Business Property Sub Type Additional Business Retail Special Purpose Sewer Public Sewer Tax Annual Amount 2724 Utilities Electricity Available Natural Gas Available Water Source Public Zoning C Resi Zoning Description C Resi

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Chassy Pollard of Better Way Realty: 319-720-5700.
© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. 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 the MLS or Graf Real Estate ERA Powered. Data last updated: 2026-07-15T11:42:38.613.
 
https://bt-photos.global.ssl.fastly.net/cedarrapids/1280_boomver_1_2604857-2.jpg https://bt-photos.global.ssl.fastly.net/cedarrapids/1280_boomver_1_2604857-2.jpg https://bt-photos.global.ssl.fastly.net/cedarrapids/1280_boomver_1_2604857-2.jpg
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