Norway IA Commercial for Sale
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1880
- Baths:
- MLS#:
- 2407554
ADDITIONAL INFORMATION
Seize the chance to own a fully furnished bar in the heart of Norway, Iowa—a community of approximately 466 residents. This establishment is ready for immediate operation, featuring a complete bar setup, ample seating, and all essential equipment. Norway is conveniently situated near several larger communities, making it an attractive spot for a wide customer base: Cedar Rapids is approximately a 25-minute drive away, Iowa City is around 40 minutes away, Marion is about 30 minutes away, and Coralville is only 35 minutes away. The property is also located near Frontier Co-op, a major local employer with around 550 employees across its sites in Norway and nearby areas. This proximity offers a steady flow of potential patrons from the workforce, providing an excellent opportunity for consistent business. Key features include a fully furnished bar with a complete setup, ample seating arrangements, essential equipment, and a central location within Norway. Its location near major highways offers easy access, making it an ideal choice for a bar owner looking to establish a presence in a welcoming community with a built-in customer base.
Information is provided exclusively for consumers personal, non - commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 , Cedar Rapids Area Association of Realtors
Norway Real Estate
The median home value in Norway, IA is $143,000. This is lower than the county median home value of $203,500. The national median home value is $338,100. The average price of homes sold in Norway, IA is $143,000. Approximately 78.99% of Norway homes are owned, compared to 10.51% rented, while 10.51% are vacant. Norway 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 Norway real estate agent to arrange a tour today!
Norway, Iowa has a population of 534. Norway is less family-centric than the surrounding county with 17.45% of the households containing married families with children. The county average for households married with children is 31.22%.
The median household income in Norway, Iowa is $77,000. The median household income for the surrounding county is $72,334 compared to the national median of $69,021. The median age of people living in Norway is 47.9 years.
Norway Weather
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 10.9 degrees. The average rainfall is approximately 35.2 inches per year, with 26.6 inches of snow per year.