Sale Price $2,500,000 - MLS: 202606028
Vibrant Investment Opportunity in Downtown IC! Welcome to a unique investment opportunity nestled in the heart of downtown IC. This fully leased building is a bustling hub of activity, housing two lively bars on the main and lower levels. Both bars come with active liquor licenses. Commercial tenants are in year 4 of a 10-yr. lease. Adding to its charm is a fully-equipped kitchen, serving as the culinary heart of the establishment. This feature enhances the potential for diverse food and beverage offerings, making it a popular choice among locals and visitors alike. The upper level of the building houses four residential apartments, all currently occupied by tenants.
MLS #: 202606028
Sale Price: $2,500,000
Year Built: 1917
Sq Ft: 10704.0
Business: Food And Beverage, Retail
Construction: Block, Brick, Frame
Floor Type: Concrete Slab Grade, Carpet, Ceramic Tile, Wood
Financing:
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, City Water
Acreage: 0.08
Lot: N/A
Frontage: County Road, Paved
Energy Generation:
Heat/Cooling: Natural Gas, Baseboard, Steam, Central Air, Whole House Fan, Window Units
Information deemed reliable but not guaranteed
 | Edge Realty Group 319-351-3355 |
Listing Office: Lepic-Kroeger, REALTORS - Agent: Jon Proud - Information furnished by Iowa City Area Association of Realtors