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117 S Main Street Elkader, IA 52043 • Commercial - Business • Active

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Description

Historic bar with living quarters above and an adjacent apartment-style home for sale on Main Street in Elkader Iowa near the above and an adjacent Keystone Bridge. The main level features a well-known bar where locals have enjoyed a cold beverage a slice of pizza a game of pool and conversation. Upstairs is a two-bedroom one-bath residence ideal for owner occupancy or rental income. Next door is a two-bedroom two-bath apartment-style home. Both buildings are being sold AS-IS. Cherished by three local families over the past 60 years and by the current owner for 32 years this package offers both commercial and residential income potential. Offered at $87,500 per building.

Property Highlights

Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1870

General Information

County: Clayton
Listed By:
Better Way Realty 319-720-5700 Chassy Pollard
Cedar Rapids MLS
$175,000
Est. $1,161/mo
Active
SQUARE FEET4,920 MLS#2507884
STATUSActive PROPERTY TYPECommercial - Business
TOUR PROPERTY

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Agent Name: Adam Edstrom
 Agent Phone: (563) 210-6814
 Agency Title: Ruhl&Ruhl Realtors
 Agent Email:

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117 S Main Street, Elkader, IA 52043.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $175,000$175,000$175,000
Down Payment $35,000$6,125$43,750
Monthly Mortgage Amount $817$1,003$1,064
Taxes $244$244$244
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$77$0
Monthly Estimated Total $1,161$1,424$1,408

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 03/14/2026. The listing information on this page last changed on 03/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 03/14/2026 5:20:57 AM EST) or MRED MLS (last updated Sat 03/14/2026 2:04:02 AM EST) or SCWMLS (last updated Fri 03/13/2026 11:54:54 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 03/13/2026 10:15:31 PM EST) or Cedar Rapids MLS (last updated Fri 03/13/2026 10:44:26 PM EST) or NEIRBR MLS (last updated Sat 03/14/2026 1:18:41 AM EST) or ICAAR MLS (last updated Fri 03/13/2026 11:37:32 PM EST) or ECIMLS (last updated Fri 03/13/2026 11:44:18 PM EST) or RMLSA (last updated Sat 03/14/2026 1:10:57 AM EST) or Muscatine MLS (last updated Sat 03/14/2026 2:00:24 AM EST) or No Coast MLS (last updated Sat 03/14/2026 12:44:21 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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