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4696 Robin Woods Ln NE - The Celebration Farm — Premier Wedding & Even 20,000 SF Specialty Building Offered at $4,800,000 in Iowa City, IA 52240
INVESTMENT HIGHLIGHTS
- Demonstrated operating stability with robust current and future bookings, offering a foundation for continued growth with substantial upside potential
- Offered for sale for the first time in its history by the original developer.
- Built in 2011 at a cost exceeding $5 million, reflecting superior craftsmanship, durable materials, and long-term value with limited near-term capital
- No in-house food and beverage operations or liquor license currently in place, presenting an immediate opportunity to expand offerings and capture add
- Property includes 6.6 acres of conveniently located land easily accessible for guests traveling from Iowa City, Coralville, Cedar Rapids, and surround
- Highly regarded, fully operational event facility located just minutes from downtown Iowa City, positioned within one of Iowa’s most dynamic regional
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present The Celebration Farm, a premier event venue nestled just minutes from downtown Iowa City and the University of Iowa. This
distinctive property offers investors a rare opportunity to acquire a fully operational and highly regarded event facility located within one of the state’s most dynamic
regional markets. This is a legacy property being offered for sale for the first time by the original developers. Set amid scenic woodlands, The Celebration Farm is best
known for its architecturally stunning Double Round Barn, Timber Frame Barn, and Amphitheater Arches offering flexible indoor and outdoor spaces that host weddings,
corporate retreats, and community events throughout the year. Given its overall appeal, scenic aesthetics and high regard in the local community, the venue has hosted
multiple celebrity events.
Situated on 6.6 acres of land and constructed in 2011 at a total cost in excess of $5 million, The Celebration Farm combines rustic elegance with modern functionality. The
property features multiple event venues, including the Double Round Barn, The Timber Frame Barn, and The Amphitheater, providing flexibility for events ranging from
intimate gatherings to large-scale celebrations. The facility operates without in-house food and beverage service and does not currently hold a liquor license—offering
significant upside potential for an incoming investor to expand revenue through catering partnerships and on-site beverage operations.
Conveniently located in Iowa City, the property draws strong regional demand as a premier destination wedding venue, attracting couples seeking a picturesque yet easily
accessible setting. It’s proximity to Iowa City, Coralville, and Cedar Rapids provides access to extensive lodging, dining, and entertainment options, enhancing the overall
event experience for clients and guests.
The Celebration Farm maintains a strong calendar of confirmed bookings, demonstrating consistent demand and stable cash flow. Forward-looking reservations extend
well into future seasons, underscoring the venue’s exceptional market position and brand reputation. Further upside exists through the integration of in-house food and
beverage operations and the addition of a liquor license, which would allow an investor to capture substantial incremental revenue while enhancing the overall guest
experience. Combined with its proven operating history and unmatched aesthetic appeal, The Celebration Farm represents an outstanding opportunity to acquire a
high-performing, growth-ready event venue in one of Iowa’s most desirable markets.
distinctive property offers investors a rare opportunity to acquire a fully operational and highly regarded event facility located within one of the state’s most dynamic
regional markets. This is a legacy property being offered for sale for the first time by the original developers. Set amid scenic woodlands, The Celebration Farm is best
known for its architecturally stunning Double Round Barn, Timber Frame Barn, and Amphitheater Arches offering flexible indoor and outdoor spaces that host weddings,
corporate retreats, and community events throughout the year. Given its overall appeal, scenic aesthetics and high regard in the local community, the venue has hosted
multiple celebrity events.
Situated on 6.6 acres of land and constructed in 2011 at a total cost in excess of $5 million, The Celebration Farm combines rustic elegance with modern functionality. The
property features multiple event venues, including the Double Round Barn, The Timber Frame Barn, and The Amphitheater, providing flexibility for events ranging from
intimate gatherings to large-scale celebrations. The facility operates without in-house food and beverage service and does not currently hold a liquor license—offering
significant upside potential for an incoming investor to expand revenue through catering partnerships and on-site beverage operations.
Conveniently located in Iowa City, the property draws strong regional demand as a premier destination wedding venue, attracting couples seeking a picturesque yet easily
accessible setting. It’s proximity to Iowa City, Coralville, and Cedar Rapids provides access to extensive lodging, dining, and entertainment options, enhancing the overall
event experience for clients and guests.
The Celebration Farm maintains a strong calendar of confirmed bookings, demonstrating consistent demand and stable cash flow. Forward-looking reservations extend
well into future seasons, underscoring the venue’s exceptional market position and brand reputation. Further upside exists through the integration of in-house food and
beverage operations and the addition of a liquor license, which would allow an investor to capture substantial incremental revenue while enhancing the overall guest
experience. Combined with its proven operating history and unmatched aesthetic appeal, The Celebration Farm represents an outstanding opportunity to acquire a
high-performing, growth-ready event venue in one of Iowa’s most desirable markets.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $4,800,000 | Lot Size | 5.26 AC |
| Price Per SF | $240 | Building Size | 20,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2011 |
| Building Class | B |
| Price | $4,800,000 |
| Price Per SF | $240 |
| Sale Type | Investment |
| Property Type | Specialty |
| Building Class | B |
| Lot Size | 5.26 AC |
| Building Size | 20,000 SF |
| No. Stories | 1 |
| Year Built | 2011 |
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PROPERTY TAXES
| Parcel Number | 0818281001 | Improvements Assessment | $2,713,200 |
| Land Assessment | $572,900 | Total Assessment | $3,286,100 |
PROPERTY TAXES
Parcel Number
0818281001
Land Assessment
$572,900
Improvements Assessment
$2,713,200
Total Assessment
$3,286,100
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4696 Robin Woods Ln NE - The Celebration Farm — Premier Wedding & Even
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