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33691995
33691994

213 Iowa Ave, Iowa City, IA 52240

Urban Acres Real Estate Corridor
Listed by Urban Acres Real Estate Corridor
$135,000
15 days on market
Updated 15 days ago

George's Best Gyros

Details
Property Type Retail, Business for Sale
Sub Type Restaurant, Food Services
Square Footage 1,380
Tenancy Single
Year Built 1900
Acreage 0.500
Zoning CB10
Ownership Licensed Realtor

Retail | 1,380 SqFt

Marketing description

George's Best Gyros is for sale! (Red Mell food cart and brick & mortar restaurant at 213 Iowa Ave) Established in 1984 as a food cart, George's Gyros has become a staple of Iowa City's downtown public life over 40 years. Enormous profit potential for a hands-on entrepreneur that wants to embark in the downtown Iowa City fast food / late night food business or a seasoned operator already in the business. The restaurant is located between two popular colleges bars and across from the University of Iowa campus. Additional income in local festivals, private parties, tailgates, etc. Gross rent at 213 Iowa Ave, Iowa City is $2882 / month with options to renew. City Plaza cart permit subject to city approval. 213 Iowa Ave lease assignment / sublease is subject to Landlord approval. Great profit margin potential / low food costs. Perfect for a hands-on owner operator. Equipment & Inventory transfers to buyer. Sale is for business only. No real estate is included. Owner is a licensed Realtor in Iowa. Hood Vent and Coolers at restaurant are property of landlord, but maintained by tenant. Additional storage space in basement at 213 Iowa Ave.

Investment highlights


Listing Contacts

Urban Acres Real Estate Corridor
Listed by Urban Acres Real Estate Corridor

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Zoning

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CB10 CommercialCore CommercialCentral Business
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Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

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