$179,900 201 Rath Street Waterloo, IA

MLS: 20173156   Type: Commercial   County: Black Hawk   City: Waterloo   Area: Black Hawk   Neighborhood: Morning Side Addition   Zip: 50703   Style: 1 Story     Stories: 1   Taxes: $3,600

Mortgage $845 /mo



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Sqr Footage

Lot Size








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.

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Price History

6/7/2017 Listed $179,900

Amenities Cable
Flood Insurance No
Listing Status Active
Property Name/subdivision Morning Side Addition
Zoning N-2

Interior Features

Available Office Sqft 0
Available Retail Sqft 2565
Avl Mnf/warehouse Sf 0
Common Area No
Cooling Individual Units
Flooring Tile/Vinyl, Concrete
Heating Gas
Insulation Roof, Side Walls
Total Bldg Sqft 2565

Exterior Features

# of Drive-In Doors 0
Approx Lot Size (sqft) 9350
Building Description 1 Story
Dock Doors 0
Exterior Finish Brick
Frontage/Access Corner Lot, City Street, Paved 2 Lane, Paved 4 Lane
Lot Size Area 0.215
Rail Doors 0
Roof Construction Comp Roll, Metal
Sprinkler? No
Tiered Sliding No
Total Available Sqft 2565
Wall Construction Brick, Block

Property Schools

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Gallery (7 photos)

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Property vs Zip Code Avg (50703)

Price 179K Avg 211K

Sqr Feet 2,565 Avg 9,895

Cost / Sqr Ft $70 Avg $21

Taxes $3,600 Avg $27,704

Acres 0.215 Avg 1.92

Visits 14 Avg 28

Days on Site 317 Avg 180

Walkscore® 49 Avg 59

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Listing Provided Courtesy Of: Wesley Sorge with Midtown Realty

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Location & Address

Oakridge Realtors: Licensed in Iowa
3313 Terrace Drive
Cedar Falls, IA