The Old Panhead Restaurant and Building 314 N Main St 10,000 SF Retail Building Marcus, IA 51035 $325,000 ($32.50/SF)

Exceptional Downtown Restaurant & Lounge – Prime Main Street Location | Real Estate Included
Here is a rare opportunity to own a successful, 20-year-old restaurant and lounge that’s been a staple in the community. Situated on the main street in a small town, this business serves as the anchor of downtown and is widely considered the best option in town for dining and socializing. Patrons come from miles around, with plenty of loyal locals and out-of-towners making it a regular stop.
The restaurant offers a lively, welcoming environment blending a familyfriendly atmosphere with the vibe of a popular downtown bar. The menu features traditional American fare and classic pub food—consistent favorites among a diverse clientele. With seating for up to 150 guests, the space is ideal for everyday dining, special events, and group gatherings.
Cleanliness and pride of ownership are evident throughout the spotless, well-maintained premises. This turnkey operation includes the real estate, making it not only a successful business venture but also a sound long-term investment.
Whether you're a seasoned operator or an entrepreneur looking to step into a proven opportunity, this restaurant and lounge offers unmatched value, a prime location, and a key role in revitalizing the downtown district. Don't miss your chance to own a cornerstone business with deep community roots and strong growth potential.
Bonus - The building has two large, upstairs apartments that could be renovated and leased for additional cash flow!
** Complete information will be provided to qualified buyers upon signing a Confidentiality Agreement and completing a Confidential Buyer Profile. No direct communication with the facility or staff what-so-ever is expected as a part of the pre-due diligence phase of the sale. **