Buyer opportunity abounds with this well maintained business located in downtown Lost Nation, Iowa. With a seating capacity of over 400, and two fully stocked bar rooms, as well as a 2440 square ft like new reception hall, the possibilities are endless. The second large reception hall includes 2040 square ft., and the main bar area and formal dining room add another 1800 square ft of useable area for patrons. In addition to the retail area the property also has an upstairs apartment with laundry hookup that is ready for use and a 2nd apartment that could be available after final construction being completed. This is an excellent investment opportunity, as this business has an established background, for many years, as being the "go to" place for good food and fun.
The median home value in Lost Nation, IA is $80,000. This is lower than the county median home value of $147,000. The national median home value is $338,100. The average price of homes sold in Lost Nation, IA is $80,000. Approximately 57.39% of Lost Nation homes are owned, compared to 31.3% rented, while 11.3% are vacant. Lost Nation real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lost Nation real estate agent to arrange a tour today!
Lost Nation, Iowa has a population of 420. Lost Nation is less family-centric than the surrounding county with 6.31% of the households containing married families with children. The county average for households married with children is 25.79%.
The median household income in Lost Nation, Iowa is $42,750. The median household income for the surrounding county is $56,345 compared to the national median of $69,021. The median age of people living in Lost Nation is 46.4 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 10.1 degrees. The average rainfall is approximately 37 inches per year, with 31.2 inches of snow per year.