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33596947
33596944

2 Locations For Sale

PF
IA S68701000
Cedar Valley Iowa Realty
Listed by Cedar Valley Iowa Realty
$269,000
77 days on market
Updated 37 days ago

Stinkys

Details
APN 1429126024, 1429126025, 1429126026
Property Type Retail, Mixed Use (+1)
Sub Type Bar, Business and Building (+1)
Cap Rate 48.33%
NOI $130,000
Occupancy 100%
Tenancy Single
Broker Co-Op True
Stories 1
Lot Size (SqFt) 9,732
Investment Type Owner/User
Ground Lease No
Dock High Doors 2

Retail | 48.33% CAP

Marketing description

A versatile **multi-building commercial property** in the heart of Aplington, offering exceptional shop, storage, and event space with the added bonus of a fully operational bar and grill included in the sale. This rare package centers around the two adjoining buildings at **920 Parriott Street**, which provide substantial square footage, flexible layouts, and multiple revenue or operational pathways.

The property features a **large heated back shop measuring 50' x 50'**, ideal for vehicles, equipment, workshop use, or business operations. The **front storage/shop area (25' x 40')** adds even more functionality, with excellent access through a **10' x 12' front door on Main Street** and an **8' x 12' rear door**—perfect for deliveries, commercial use, or hobby/side-business needs.

Also included is a dedicated **party room/event space** with its own entrance, offering opportunities for private events, community gatherings, celebrations, overflow seating, or expanded service concepts. This flexible venue enhances the property’s income potential and broadens its appeal for owner-operators and investors seeking multi-use commercial space.

As an added advantage, the package includes **Stinky’s Bar & Grill at 924 Parriott Street**, a long-standing local favorite with a well-maintained building, established clientele, and a clean, functional interior featuring dining space, bar seating, and a full kitchen. The business, real estate, and inventory are all included—providing a turnkey operation for those who wish to continue the legacy or integrate it into a broader commercial vision.

Together, these three connected buildings deliver an unmatched combination of **shop, storage, event, and restaurant capabilities** in one location. The property sits within a supportive small-town community known nationally for its remarkable football legacy—four Aplington-Parkersburg alumni played in the NFL during overlapping years—and that pride is reflected throughout the area. Located just 15 minutes north of Highway 20, the site offers convenient access to Cedar Falls/Waterloo and surrounding communities.

**Serious, financially qualified buyers only. Proof of pre-approved financing required prior to scheduling a showing.**

Investment highlights

3 parcels, bar/restaurant, party/events building plus warehouse storage/shop space

Listing Contacts

PF
IA S68701000
Cedar Valley Iowa Realty
Listed by Cedar Valley Iowa Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$130,000.00
$10,833.33/mo

Valuation Metrics

0
DSCR
48.33%
Cap Rate
48.33%
ROI

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Additional Information

Name
Peggy Jo Feltus
License
S68701000
Brokerage
Cedar Valley Property Solutions
Brokerage Phone
3192696319
Title
Broker
Brokerage Address
1206 Gilbert Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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