Restaurant Condo Building with
For Sale
$515,000
1010 Martin St, Iowa City, IA 52245
COMMERCIAL - IowaCity, IA
Lot Size0.07 Acres
Days on Market93
Property Features for 1010 Martin St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
OPD5
Interior features
ZeroStepEntry
Elementary school
Lincoln
Middle school
Southeast
Directions
From N Dubuque St, go west on Foster Rd. Then south on Moses Bloom Ln, at Walker Cir go west then an immediate South turn on to Martin St. Property is on the corner of Martin St and Willenbrock Cir
Subdivision
IowaCity
Standard status
Active
APN
1004327061
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
13480
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
2014
Flooring type
Wood, Vinyl
Building materials
Brick
Listing Agency:
Lepic-Kroeger, REALTORS
(319) 351-8811
Listed By:
Jeff Edberg · License #IA B33730000
(319) 331-6187
Added: May 1
Changed: Jun 30
Last Checked: Aug 1 at 1:06PM
MLS# 202602924
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.
Investment Insights
Based on property information with market context.
This three-story mixed-use building is set up as a neighborhood restaurant concept, with soaring 2-story ceilings over the bar and dining area. The space includes an interior mezzanine and a fully equipped commercial kitchen to support food service operations. The exterior features a huge wraparound patio designed for outdoor dining, and the second floor provides additional prep/storage space along with an office.
The property is located directly on Emma Harvat Square in Iowa City. The building is within the Peninsula Neighborhood area described in the remarks, and it includes park views from the residential level.
The current operation is described as an Asian noodle restaurant, with the restaurant space positioned for continued use or conversion to another concept. The third floor contains a 2-bedroom, 2-bath condo with park views, and the unit is scheduled for a refresh with new flooring and paint. The property is currently tenant occupied, and showings require 24 hours’ notice. Zoning is listed as OPD5.
The property is located directly on Emma Harvat Square in Iowa City. The building is within the Peninsula Neighborhood area described in the remarks, and it includes park views from the residential level.
The current operation is described as an Asian noodle restaurant, with the restaurant space positioned for continued use or conversion to another concept. The third floor contains a 2-bedroom, 2-bath condo with park views, and the unit is scheduled for a refresh with new flooring and paint. The property is currently tenant occupied, and showings require 24 hours’ notice. Zoning is listed as OPD5.
Key Highlights
- 3‑story mixed‑use property on Emma Harvat Square with commercial restaurant space plus a residential condo
- Built in 2014 with brick construction, wood and vinyl flooring, forced‑air natural gas heat, and central air
- Restaurant includes bar and dining area with soaring 2‑story ceilings, interior mezzanine, and fully equipped commercial kitchen
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
748
Businesses Nearby
9k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 100%
Staybridge Suites Iowa City - Coralville
Hotels & Casinos
8,163 visits/mo
0.5 miles
Super 8 Iowa City/Coralville
Hotels & Casinos
669 visits/mo
0.5 miles
Demographics for 52245, IA
21,874
Population
10,210
Households
2.1
Avg Household Size
34
Median Age
68%
College-Educated
99%
High-School Grad
8.4 sq mi
ZIP Area
2,604
Density / Sq Mi
$75,876
Median Household Income
$30,273
Median Earnings
$1,215
Median Rent
$293,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Peking Buffet — 93 2nd St, Coralville, IA 52241
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Three-story restaurant space plus a 2-bedroom, 2-bath condo, featuring a wraparound exterior patio and commercial kitchen.
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 mixed‑use property on Emma Harvat Square with commercial restaurant space plus a residential condo; Built in 2014 with brick construction, wood and vinyl flooring, forced‑air natural gas heat, and central air; Restaurant includes bar and dining area with soaring 2‑story ceilings, interior mezzanine, and fully equipped commercial kitchen
