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Neighborhood Bar and Restaurant
For Sale
$465,000

1208 Highland Court, Iowa City, IA 52240

Established neighborhood bar with current liquor license, leased games, and two newer AC units on a paved parking lot.

Property Size4,320 SF
Price / SF$107.64
Days on Market130

Property Features for 1208 Highland Court

General Information

Standard status Active
Size 4,320 SF
Total Parking Spaces 34
Property subtype Commercial
Zoning Commercial

Additional Details

Business Included Yes
Liquor License Yes

Taxes and HOA fees

Annual Taxes $15,872

Amenities

ConcreteSlabGrade,CeramicTile
ZeroStepEntry
100 x 210
0.48
CountyRoad

Building Details

Year Built 1973
Listing Agency: Fischels Commercial Group
Listed By: Ali Fortin
Source: Pinnaclerealtyia
Added: May 1 Changed: Sep 7 Last Checked: Sep 7 at 5:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fischels Commercial Group

Investment Insights

Based on property information with market context.

This established neighborhood bar and restaurant offers the option to operate as-is or update and customize. The building is currently metered accordingly and may be subdivided to support two separate users. The liquor license is reported as current. Games and tables are leased, with the exception of three pool tables, and all personal property is negotiable, including animal mounts.

The property is located at 1208 Highland Court in Iowa City, IA. Approximately 34 parking spaces are available. Two newer AC units are in place. The building is not sprinkled, and the buyer should inquire with the City regarding sprinkler and occupancy requirements.

Additional details such as the lot size should be confirmed with the Assessor.

Key Highlights

  • Long‑time established neighborhood bar with a current liquor license
  • Two newer AC units
  • Approximately 34 parking spaces on a paved parking lot

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Furniture & Home Goods HVAC Service Florist Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

1,066
Businesses Nearby
149k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 36% Dining 27% Shops & Services 23% Home Improvements & Furnishings 8%
Hy-Vee Groceries
48,058 visits/mo 0.4 miles
Kwik Trip Shops & Services
25,518 visits/mo 0.3 miles
Taco Bell Dining
16,057 visits/mo 0.4 miles
Tractor Supply Co. Home Improvements & Furnishings
9,357 visits/mo 0.3 miles
Burger King Dining
8,707 visits/mo 0.2 miles

Demographics for 52240, IA

34,224
Population
17,035
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
94%
High-School Grad
142.1 sq mi
ZIP Area
241
Density / Sq Mi
$55,189
Median Household Income
$25,508
Median Earnings
$1,065
Median Rent
$241,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Starbucks 1720 Waterfront Dr, Iowa City, IA 52240
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  • Red Ginger 1301 S Gilbert St Ste. 6, Iowa City, IA 52240
  • Grizzly's South Side Pub & Grill 1210 Highland Ct, Iowa City, IA 52240
  • Jobsite 928 Maiden Ln, Iowa City, IA 52240

Frequently Asked Questions

What type of property is this?
Bar & Pub - Established neighborhood bar with current liquor license, leased games, and two newer AC units on a paved parking lot.
Where is this bar & pub located?
The property is located at 1208 Highland Court Iowa City, IA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Long‑time established neighborhood bar with a current liquor license; Two newer AC units; Approximately 34 parking spaces on a paved parking lot
More about this property
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