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28688211
28688228

101 Huber Drive, Calmar, IA 52132

MB
IA 342001137
Pella Real Estate Services
Pella Real Estate Services, LLC
Listed by Pella Real Estate Services, Pella Real Estate Services, LLC
$1,650,000
211 days on market
Updated 42 days ago

PIVO Brewery

Details
APN 142625101300
Property Type Business for Sale, Mixed Use (+3)
Sub Type Business and Building
Square Footage 19,379
Units 1
Cap Rate 5.01%
NOI $82,721
Occupancy 100%
Pro-Forma Cap Rate 12.52%
Pro-Forma NOI $206,511
Price per SqFt $85
Broker Co-Op Yes
Class A
Year Built 2017
Year Renovated 2019
Buildings 1
Stories 1
Acreage 3.990
Zoning Commercial
Investment Type Owner/User

Appealing investment in a Brewery/Event Center with option for additional commercial / residential.

Marketing description

NEW PRICE ~ Come explore this opportunity: PIVO Brewery - NE Iowa: Turnkey commercial property offering a brewery, taproom, commercial kitchen, event venue, secondary commercial space and retail space, with added possibilities. Sale includes the building, land, business, and brewing equipment. Features a fully operational brewhouse, customer-facing taproom, commercial kitchen setup, flexible event space and retail area for merchandise and carry-out sales. The property provides ample square footage for production, storage, events, and customer service. Strong visibility, on-site parking, and a well-established business presence. Financials and equipment list available to qualified buyers with signed NDA.

ADDED OPPORTUNITY ~ Owner will sell The PIVO Brewery and Event Center Business only! Price: $529,294. Included assets: Furnishings , Fixtures, Full Branding, Marketing rights for the PIVO's beer and cider. Merchandising rights for PIVO apparel & branded products. Lease terms of building with business purchase; contact agent for added details on this!

Investment highlights

Key Items:

Business revenues from Brewery + Tap Room + Kitchen + Event Venue.

Ability to sublease portions of the building for both Retail Space and Commercial Space.

Ability to expand restaurant for immediate income potential.

Strong regional identity and customer base located along Highway 52 and just 20 minutes south of Decorah.

Growth potential in the areas of distribution, food service, and hosting events.

Listing Contacts

MB
IA 342001137
Pella Real Estate Services
Pella Real Estate Services, LLC
Listed by Pella Real Estate Services, Pella Real Estate Services, LLC

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$82,721.00
$6,893.42/mo

Valuation Metrics

0
DSCR
5.01%
Cap Rate
5.01%
ROI

Map

Zoning

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C-1 CommercialGeneral CommercialGeneral Commercial
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View all 31 uses
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Last updated Mar 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Mike Buchheit
License
342001137
Brokerage
Pella Real Estate Services
Brokerage Phone
641-628-1289
Title
Broker
Brokerage Address
701 Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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