13 S Linn ST, Iowa City, IA 52240
13 S Linn ST, Iowa City, IA 52240
13 S Linn ST, Iowa City, IA 52240
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$2,500,000
Est. payment /mo
10,704 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 10,704 sqft

Price per Sqft $233

MLS Listing ID 2607114

HOA Y/N No

Total Fin. Sqft 10704

Year Built 1917

Annual Tax Amount $37,462

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Investment

Property Description

Vibrant Investment Opportunity in Downtown Iowa City! 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.

Location

State IA

County Johnson

Area Iowa City/Coralville

Zoning CB10/OHD

Interior

Interior Features InteriorFeatures

Heating Central, Steam

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Concrete, Wood

Inclusions Building, Land

Fireplace No

Window Features Display Window(s)

Exterior

Exterior Feature Irrigation Sprinklers

Utilities Available Electricity Available, Natural Gas Available

Water Access Desc Public

Roof Type Asphalt,Shingle

Building

Building Description Frame, Kitchen Facilities,Multi-Tenant,Overhead Doors,Private Restrooms,Pole Sign

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Frame

Others

Tax ID 1010312004

Security Features Security System

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Virtual Tour https://www.propertypanorama.com/instaview/cdr/2607114


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Listed by LEPIC-KROEGER, REALTORS

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Kevin Heinbuch

Kevin Heinbuch

+1(319) 360-7139

Broker / CRS, ABR, SFR, ePro

Broker / CRS, ABR, SFR, ePro

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