111 N Main StreetRake, IA 50465
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$228Are you searching for your next lucrative investment? Look no further! This fully operational bar and grill located in Rake, IA, offers a fantastic opportunity for new income streams. Spanning a surprising amount of space, this establishment boasts an inviting 8-person sit-up bar, a generous open dining area, and an impressive range of amenities to enhance your patrons' experience. The current leased features include a pool table, jukebox, dartboard, gambling machine, and ATM, all providing additional revenue potential if new owner chooses to continue them. Adjacent to the bar area, you'll find a second sit-up bar, along with ample tables and chairs for the restaurant side, perfect for casual dining. The property has a kitchen & two restrooms for guest convenience. But that's not all! A stylish back room with sliding glass doors opens up to a fenced-in patio, offering an inviting outdoor space for customers to relax and enjoy their time. **Please note that all food and beverage inventory, cash register, and Red Bull fridge are excluded from the sale.** Ohhhh, the possibilities!!
3 hours ago | Listing updated with changes from the MLS® | |
yesterday | Price changed to $49,900 | |
4 weeks ago | Listing first seen on site |
Listing information is provided by Participants of the Iowa Association of REALTORS MLS. IDX information is provided exclusively for 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 not guaranteed. Copyright 2025, Iowa Association of REALTORS MLS.
Data last updated at: 2025-08-29 03:39 AM UTC
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