2142 WATER Muscatine IA 52761

$ 950,000.00
  • Property ID: 378675
  • Date added: 10/06/23
  • OriginalListPrice: 950000
  • Post Updated: 2024-07-04 10:56:46
  • Type:
  • Status:
  • Lot size: 3.35 sq ft
  • MLS #: RMAQC4247049

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Description

Owner is willing to lease restaurant. This is a once in a lifetime opportunity to own a landmark bar and restaurant located on the banks of the Mighty Mississippi River w/a 35 year history.This rare property features aprox 3.4 acres of owned land w/850 feet of river frontage & a marina & docks.There is a 2 bedroom home,above ground pool, several garages & a large covered building for boat storage.This popular restaurant is set up to serve large crowds w/300+ seats. The huge kitchen has several stations including a pizza prep area & oven, a salad station & large grill line.The bar & dining area is something that you might see in Key West with a large screen porch & an additional screen porch that is great for parties & large groups.There is a stage area for live music & a game room.The outdoor space is great for additional seating & events.There is a laundry & bathrooms w/showers for boaters to use.There is also a successful marina business that can be bought as part of this property.

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Location Details

  • County: Muscatine
  • Directions to Property: Off of IA 22-E
  • Zoning: Commerical

Property Details

  • BuildingAreaTotal: 8352
  • BuildingName: Lighthouse
  • Cooling: Central Air
  • Levels: Free Standing
  • LEASE INFORMATION: Not Applicable
  • # of Buildings: 2

Property Features

  • MlgCanView: 1
  • ParkingTotal: 8
  • HEATING: Propane
  • FRONTAGE/ACCESS: Country Road
  • FLOORING: Concrete
  • SEWER SOURCE: Septic Tank
  • WATER SUPPLY: Other
  • ADDITIONAL AMENITIES: Muscatine

Fees & Taxes

  • Tax Year: 2022
  • TaxAnnualAmount: 13304.01
  • TenantPays: None

Miscellaneous

  • OWNER PAYS: All Utilities
  • PROPERTY USE: Other, Retail
  • Net Operating Income: -13304

Courtesy of

  • Office Name: RE/MAX Professionals

This style property is located in Muscatine is currently and has been listed on Rhoades Real Estate. This property is listed at $ 950,000.00. It has bedrooms, bathrooms, and is . The property was built in year.

  • 130 N. Main Street Canton, IL 61520

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  • RhoadesRealtors@gmail.com