501 & 503 Iowa Avenue, Essex, IA 51638

Don’t miss this rare opportunity to own a versatile, income-producing property all in one package. This multi-use commercial property features a bar area, kitchen space, warehouse, and residential living quarters—all conveniently located in one location.

The main level offers a bar setup with existing fixtures and equipment in place; however, the business is not currently operating and will require licensing prior to reopening. This creates an excellent opportunity for a new owner to renovate, rebrand, and bring their own vision to life. The kitchen area provides the potential to expand food service options and increase revenue once operational.

The attached warehouse adds significant value, offering additional storage, workspace, or future expansion possibilities with a flexible layout. Whether utilized for inventory, equipment storage, event space, or business growth, this area enhances the property's versatility.

Above the warehouse is a 3-bedroom, 1-bath apartment with a separate entrance, ideal for owner-occupancy or rental income. Live on-site while developing the business, or lease the residential unit to generate additional cash flow.

This property is well-suited for entrepreneurs, investors, or visionaries looking for a mixed-use opportunity with multiple revenue streams. While not turnkey, it offers substantial potential for those ready to invest in improvements and capitalize on its unique layout and income possibilities.