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$49,900
29 Days On Site

111 N Main Street
Rake, IA 50465

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
1950
Built
County:
Winnebago
111 N Main Street111 N Main Street111 N Main Street111 N Main Street
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Monthly Payment (Est.)

$228
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Are 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!!

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Listing Snapshot
Price 
$49,900
Days On Site 
29 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.24 Acres
Year Built 
1950
MLS® Number 
6330293
Status 
Active
Property Tax 
$946
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
yesterdayPrice changed to $49,900
4 weeks agoListing first seen on site
General Features
Acres 
0.24
Additional Property Use 
Retail
Parking 
None
Parking Spaces 
8
Sewer 
Public Sewer
Style 
Business
Water Source 
Public
Interior Features
Heating 
Forced Air
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Exterior Features
Construction Details 
Brick
Listing courtesy of Realty ONE Group Black Diamond



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

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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