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    Restaurant with Wraparound Patio Title is generated by Realmo AI

    1010 Martin St, Iowa City, IA 52245

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    For Sale
    $515,000

    Commercial - IowaCity, IA

    Added:
    May 1, 2026
    Days on Market:
    58
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 1010 Martin St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    OPD5
    Interior features
    Zerostepentry
    Standard status
    Active
    APN
    1004327061

    Taxes and HOA fees

    Tax Annual Amount
    13480

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    2014
    Flooring type
    Vinyl, Wood
    Building materials
    Brick
    Architectural style
    Other

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    Jeff Edberg
    Jeff Edberg

    Listing agent Jeff Edberg

    Listing office Lepic-Kroeger, REALTORS 2346 MORMON TREK BLVD, Iowa City, IA

    Listing date May 1, 2026

    MLS# 202602924 Listing URL

    Copyright © 2026 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 3‑story brick building with commercial restaurant space plus a 2‑bedroom, 2‑bath condo on the 3rd floor with park views
    • Commercial level includes 2‑story ceilings, bar and dining space, interior mezzanine, and a fully equipped commercial kitchen
    • Huge wraparound exterior patio plus additional 2nd‑floor prep/storage and office space
    • Condo planned for a refresh with new flooring and paint
    • Forced air natural gas heating and central air conditioning
    • Year built 2014; interior features include zero‑step entry; currently tenant occupied

    Overview

    This three-story property includes a commercial restaurant space with soaring 2-story ceilings, bar and dining areas, a fully equipped commercial kitchen, and an interior mezzanine. The second level provides additional prep, storage, and an office. The third level is a two-bedroom, two-bath residential condo with park views, and the condo unit is scheduled for a refresh with new flooring and paint. The restaurant is currently being operated as an Asian noodle restaurant, and the space could be converted to another concept.

    Located at 1010 Martin St in Iowa City, the building sits directly on Emma Harvat Square in the Peninsula Neighborhood, a community described as 72 acres with 403 homes, 8 businesses, and over 1,100 residents. Zoning is OPD5. The property is currently tenant occupied, and showings require 24-hour notice.

    For buyers seeking a mixed-use setup, this layout combines hospitality-ready dining and kitchen space with an associated residential condo above. The existing build-out supports restaurant operations today, while the flexible concept approach and in-unit prep and storage area can help accommodate different operating models. The option to keep the residential unit available for rental or to occupy it as a personal residence adds additional control for a new owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ramen Belly Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Peking Buffet — 93 2nd St, Coralville, IA 52241

    Location Insight

    • Map
    • Local Demand
    City
    Iowa City
    County
    Johnson
    State
    Iowa
    Longitude
    -91.556332
    Latitude
    41.675952

    FAQs

    What type of property is this?
    Conventional restaurant - Three-story restaurant space with a fully equipped kitchen and wraparound patio, plus an upper-level two-bedroom condo.
    Where is this conventional restaurant located?
    The property is located at 1010 Martin St Iowa City, IA.
    What is the asking price?
    The asking price for this property is $515,000.
    What are key features of this property?
    This property features: 3‑story brick building with commercial restaurant space plus a 2‑bedroom, 2‑bath condo on the 3rd floor with park views; Commercial level includes 2‑story ceilings, bar and dining space, interior mezzanine, and a fully equipped commercial kitchen; Huge wraparound exterior patio plus additional 2nd‑floor prep/storage and office space
    More about this property
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