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116-118 W 2nd St.Schaller, IA 51503

Commercial · 3,626 Sq. ft. | 0.24 Acres
$175,000 Active

116-118 W 2nd St. Overview

Time on Site:
56 days
Visits:
19

TURNKEY RESTAURANT / BAR OPPORTUNITY IN SCHALLER, IA Looking to start your own business? Don't miss this opportunity in the heart of small-town Schaller, Iowa! This building is fully equipped and ready for you to open a restaurant, bar, or combination establishment. Everything you need is already in place—saving you time and startup costs. Bar setup included & ready for immediate operation Spacious interior with seating and service areas. Outside seating . Great potential for dine-in, takeout, or nightlife business. Whether you're an experienced restaurateur or a first-time business owner, this is a turnkey opportunity you won't want to pass up. Bring your vision to life and become a part of the Schaller community!

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116-118 W 2nd St. Facts & Features

  • Type Commercial
  • Sq. ft. 3,626
  • Price/Sq.ft. $48
  • Lot 0.24 Acres

Details

General

Listing Information

  • Contingency: None

Building Information

  • Year Built: 1920

Business Information

  • Current Use: Business

Location/Region

  • County Or Parish: Sac

Tax Information

  • Tax Year: 2024

General Information

  • Inclusions: Building
  • Parcel Number: 810426010036 &
  • Property Sub Type: Commercial
  • Property Type: Commercial

Interior

Building Interior

  • Building Area Total: 3626

General Information

  • Basement: Yes
  • Heating: Forced Air

Exterior

Lot Information

  • Lot Size Acres: 0.24
  • Lot Size Square Feet: 10000
  • Water Source: City

Building Exterior/Construction

  • Roof: Shingle

General Information

  • Road Frontage Type: 100
  • Sewer: City

116-118 W 2nd St. Neighborhood

Community

51503 (COUNCIL BLUFFS) Demographics

42
Median Age
307
Population Density (per sq. mile)
41%
College Educated
$66,528
Estimated Median Income
10,068
Estimated Total Home Owners
4,556
Estimated Total Renters
69% / 31%
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.

116-118 W 2nd St. Monthly Cost

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$ %
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$
$
* 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.

116-118 W 2nd St. Market Data

Based on the last 30 days in this zip code

$366,890
Average List Price
$165
Average Price per Square Foot
40
Properties Sold
54
Average Days on Market
158
Properties for Sale
Calculations provided by Reliance Network

116-118 W 2nd St. History

Date Event Value Agent
5/4/2026Source: Northwest Iowa Regional MLS Added to Database
May 04, 2026
Listing provided courtesy of Century 21 The Professional Gr- MLS# 832824MLS Provider