$400,000

112 E College St

Iowa City IA, 52240

Description

Saloon restaurant and bar for sale right on the Pedestrian Mall at 112 College Street in downtown Iowa City. Sale includes all equipment, fixtures, name, website and lease with 15 years in options remaining. Sales have been over $800K with Net after salaries and before taxes at around $80k-$90K. 2018 was an off year due to Ped Mall construction, but that is complete and sales are back on track. Ped Mall patio is included. Lease includes the upstairs apartment.

Details

MLS#20197035
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1900
Days On Site111

Features

SQ Feet3,430
Story(s)1
ZoningCB-10

Market Activity 52240

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Area Information

StateIA
CountyJohnson
CityIowa City
Zip Code52240
AreaIowa City
Listing VS Median (in 52240)
Price:
$400,000
low | high
Med:
$227,000
93.25% of Average
SqFt:
3,430
low | high
Med:
1,967
92.65306122449% of Average
$ / SqFt:
$117
low | high
Med:
$116
50.312184060493% of Average
On Site:
111
low | high
Med:
79
100% of Average
Listing Updated: 03/27/2020
MLS Number: 20197035
Listing Provided By:
Jeff Edberg  of  Lepic-Kroeger REALTORS
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Iowa City Area Association of Realtors
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