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32729228
32729217

405 South Gilbert Street, Iowa City, IA 52240 For Sale

JE
IA IA B33730000
Lepic-Kroeger, REALTORS
Listed by Lepic-Kroeger, REALTORS
$1,500,000
61 days on market
Updated 50 days ago

405 South Gilbert Street

Details
Property Type Retail
Sub Type Restaurant, Bar
Square Footage 3,882
Year Built 1900
Zoning RFC-SD
Investment Type Owner/User
Ground Lease No
Sale Condition N/A

Restaurant Space Downtown Iowa City

Marketing description

Owner is licensed to sell real estate in the state of Iowa. Owner/Tenant is responsible for snow removal directly in front of the building.

Investment highlights

Bring the historic Sanctuary Pub back to life or create your own vision for this iconic location. The property has maintained its 2am liquor license to accommodate the active and vibrant college scene. The interior is rich with history and gives off a dark moody vibe. Kitchen equipment has been removed but the bones are good with the hood and Ansul system, walk-in coolers and walk-in freezer remaining. The upper floor offers offices for management, employees and storage. A convenient walkway leads from the back parking lot to the front of the building but count on lots of foot traffic in this great downtown location. Also for lease in separate listing.

Listing Contacts

JE
IA IA B33730000
Lepic-Kroeger, REALTORS
Listed by Lepic-Kroeger, REALTORS

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Additional Information

Name
Jeff Edberg
License
IA B33730000
Brokerage Phone
3193316187
Brokerage Address
2346 Mormon Trek Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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