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4 Beds
5 Baths
4,920 sqft

$165,000

117 S Main St, Elkader IA, 52043

Price per sqft$33.54
Built in1870
Property size4,920 sqft
Property typeResidential

Overview

Active

Listed Jul 8, 2026

Updated Jul 16

This offering includes two buildings located on Main Street near the Keystone Bridge. The first building is currently operating as a well-known neighborhood bar, where locals have long gathered to enjoy a cold beverage, a slice of pizza, a game of pool, and great conversation. Above the commercial space is a two-bedroom, one-bath residence, ideal for owner occupancy or additional rental income. The neighboring building was formerly used entirely as residential space. Per City of Elkader requirements, the main level must now be used as commercial space, while the upper level may remain residential if desired by the new owner. It currently features a two-bedroom, two-bath apartment-style residence. Both buildings are being sold AS-IS. Cherished by three local families over the past 60 years, including the current owner for the past 32 years, this unique property offers the opportunity for commercial use, residential living, and income-producing potential in a prime downtown location. *There are some virtually staged or altered photos

$1,098/mo

Est. mortgage payment based on a $165,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202604230

Interior Features

Bedrooms
4
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$2,724
Tax Frequency
Annually
Association Fee Frequency
Yearly

 

Courtesy of Better Way Realty, ,
Listing Contact: 319-720-5700 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Blank & McCune Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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