115 & 119 Main St, Iowa Falls, IA 50126

$499,000

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List Price
$499,000
Status
ACTIVE
MLS#
6342358
Subtype
Commercial Sale
Style
Other
Year Built
1998
Lot Size
10,890
Acres
0.25

Property Description

Turnkey riverfront wedding and event venue offering a rare opportunity to own an established and versatile commercial property in Iowa Falls. Currently known as Albrights Bluff, this property is operating as an event venue for the past five years and is designed to accommodate approximately 250-300 guests. The main event space features expansive windows overlooking the scenic Iowa River, filling the venue with natural light and providing a stunning backdrop for weddings and events. A full-service bar positioned along the windows, along with an inviting atrium and fireplace, creates a warm and memorable atmosphere for guests. The property is equipped for events and catering with a potential full-sized commercial kitchen, including cold room storage and a 3-bin refrigerator, adding functionality and efficiency for a wide range of uses. The lower level includes a spacious Airbnb/bridal suite, offering additional income potential and flexibility for overnight accommodations, wedding parties, or short-term rentals. This property is well-suited for a variety of uses including weddings, receptions, corporate events, graduations, and private celebrations. With an established presence and opportunity to expand bookings and increase revenue, this is an ideal investment for an owner-operator or investor seeking a unique income-producing property.

Additional Information

Taxes
$7,664
Property Description
Other
Heating
Forced Air
Parking Features
None

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Calculator source: Real Geeks

Listing courtesy of with Jennings Real Estate