201 Rath St, Waterloo, IA 50703

201 Rath St, Waterloo, IA 50703
201 Rath St, Waterloo, IA 50703
201 Rath St, Waterloo, IA 50703
201 Rath St, Waterloo, IA 50703
201 Rath St, Waterloo, IA 50703
201 Rath St, Waterloo, IA 50703
201 Rath St, Waterloo, IA 50703
MLS ID #:
20173156

Property Address:
201 Rath St
Waterloo, IA 50703

County:
Black Hawk

Region:
Waterloo Downtown WADT

Area:
Waterloo

Location:
Industrial Area

Miles to Airport:
7

Miles to Highway:
1

Miles to Highway:
US 218/27

Year Built:
1940

Property Type:
Commercial

Sub-Type:
Retail

Building Description:
1 Story

Insulation:
Roof, Side Walls

Date Listed:
June 6th, 2017

Status:
Active

Price:
$179,900.00

Ownership:
Individual,LL Corp

Possession:
At Closing

Gross Taxes:
3600.00

Tax Year:
2015

Tax Incentives:
TIF District, Cura District

Possible Financing:
Cash Convention, At Closing

Sale/Rent:
For Sale

Sale/Lease Type:
Normal Sale

For Sale:
Yes

Ivestment:
Yes

Zoning:
N-2

Potential Use:
Retail, Light Industrial, Heavy Industrial, Other Potential Uses

Legal Desc:
MORNIGN SIDE ADDITION LOT 11 BLK 3 EXC SE 10 FT SW 75 FT LOT 12 BLK 3

Amenities:
Cable

Included:
Land, Building, Business, License/Permits, Equipment, Trade Fixtures, Furniture

Total Avail Sq Ft:
2,565 sq ft

Total Building Sq Ft:
2,565 sq ft

Retail SqFt:
2,565 sq ft

Lot Sq Footage:
9,350

Acres:
0.2150

Frontage/Access:
Corner Lot, City Street, Paved 2 Lane, Paved 4 Lane

Exterior:
Brick

Roof Construction:
Comp Roll, Metal

Wall Construction:
Brick, Block

Floor Construction:
Tile/Vinyl, Concrete

Utilities Available:
Electric, Gas, Water, Sewer, Phone

Sewer Type:
City Sewer

Heating:
Gas

Cooling:
Individual Units

Remarks: Great opportunity for owning a bar in Waterloo with a long-storied history as the Packers Inn near the former Rath Packing Company. This is a turn key sale that includes the land, building, business, and business trade fixtures/equipment. The property features 2565 sq ft of retail space and includes a large mahogany bar, walk-in cooler, tappers, bar stools, tables, chairs, along with bar and food prep equipment, 2 pool tables and foosball table. The parking lot is 6100 sq ft of paved asphalt. This property is also located within the Waterloo CURA and Rath Tif district with potential buyer's incentives for tax abatement. Not Included in this sale are: 9 wall mounting of animal heads, fish and animal skulls that are the owner's personal items will be removed and are not part of the sale. Also, not included are the Juke Box and Electronic gaming machines that are leased.
Realtor/Equal Housing Lender Listing provided courtesy of Midtown Realty.
Listing Agent: Wesley Sorge
IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed accurate by the MLS.

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