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
Courtesy: Homefront Realty, PLLC
563-927-2111
Prime Commercial Office Building for Sale – Convenient Location and Move-In Ready! Step into a professional, welcoming environment with this well-maintained commercial office building, perfect for businesses seeking a clean, functional, and accessible workspace with no steps for easy entry. The building features a spacious, attractive reception area ideal for greeting clients and creating a strong first impression. Beyond the reception, you’ll find multiple private offices, each offering quiet, dedicated space for productivity, meetings, or team members who need privacy. Flexible layout suitable for a variety of professional uses. This property is ready for your business to make it its own. Call today to talke a look!
Courtesy: EXIT Realty Driftless Group
319-231-9037
Turnkey movie theatre & remodeled residence with stunning river views in the heart of Elkader! This fully updated, operational movie theatre presents a rare opportunity to own a thriving business and a beautifully remodeled living space—all under one roof in downtown Elkader. The theatre has been extensively renovated and features large reclining seats with cup holders, modern concession equipment, updated projection and sound systems, and all inventory needed to continue operations immediately. Upstairs, you’ll find a spacious and stylishly updated residence that's move-in ready. It features two full bathrooms, with multiple bedroom layout options to suit your needs. The new kitchen boasts modern finishes, complemented by gorgeous flooring throughout, updated bathrooms, and comprehensive plumbing and electrical upgrades. A standout detail: the push-button light switches have been replaced with modern versions that maintain the vintage look while offering modern function. Historic charm is preserved with beautiful transom windows above interior doors and original hardware details still in place. All appliances, including the washer and dryer, are included with the sale, making this an easy and functional space to settle into or rent out. Step outside to a spacious deck with what may be the best view in Elkader—overlooking the picturesque Turkey River and offering a direct sightline to the town’s iconic Italianate-style courthouse and its striking clocktower. In addition to the theatre and private residence, the building includes two additional street-facing commercial spaces that are ideal for retail or office use. Each unit has a separate entrance directly from Main Street, street-facing windows, perfect for signage or product displays, separate electric meters and access to their own designated restrooms. These spaces add valuable rental potential or personal workspace flexibility for a new owner. The sellers have made numerous thoughtful upgrades over the years, including modifications to upstairs office windows for safe rooftop access to maintain the marquee lighting and transformers with ease. Whether you’re seeking a one-of-a-kind live/work opportunity, a unique investment with multiple income streams, or a charming home with attached business potential, this turnkey property checks all the boxes.
Elkader is located in Iowa. Elkader, Iowa has a population of 1,270. Elkader is more family-centric than the surrounding county with 38.25% of the households containing married families with children. The county average for households married with children is 27.23%.
The median household income in Elkader, Iowa is $58,021. The median household income for the surrounding county is $58,148 compared to the national median of $69,021. The median age of people living in Elkader is 43 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 8.4 degrees. The average rainfall is approximately 35.2 inches per year, with 33.8 inches of snow per year.
