117 S Main St, Elkader, IA 52043

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