Restaurant Business with Food
For Sale
$125,000
213 Iowa Ave, Iowa City, IA 52240
Established restaurant operation includes transferred equipment, inventory, and a second food-cart channel subject to city approval.
Property Size1,380 SF
Price / SF$90.58
Days on Market9
Property Features for 213 Iowa Ave
General Information
Standard status
Active
Size
1,380 SF
Property subtype
Commercial
Zoning
CB10
Restaurant
Commercial Hood
Yes
Equipment Included
Yes
Additional Details
Business Included
Yes
Amenities
CeramicTile
20 x 150
CountyRoad
Building Details
Year Built
1900
Listing Agency:
Skogman Realty Co.
(319) 361-9457
Listed By:
Angie Buck
(319) 361-9457
Source:
Pinnaclerealtyia
Added: Aug 3
Changed: Aug 9
Last Checked: Aug 10 at 2:46AM
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 Skogman Realty Co.
Investment Insights
Based on property information with market context.
This restaurant business combines a brick-and-mortar operation at 213 Iowa Ave with a permitted food-cart concept that began in 1984. The sale includes the business, equipment, and inventory, while the restaurant premises and food-cart operation remain subject to separate approval requirements. The 1,380-square-foot restaurant includes ceramic tile, landlord-owned hood ventilation and coolers maintained by the tenant, and additional basement storage. No real estate is included in the sale.
The Iowa City operation sits between two college bars and across from the University of Iowa campus, placing it within the downtown nightlife environment. The business also has a presence at local festivals, private parties, and tailgates. The lease assignment or sublease for 213 Iowa Ave requires landlord approval, and the City Plaza cart permit is subject to city approval. The property is identified with CB10 zoning.
The Iowa City operation sits between two college bars and across from the University of Iowa campus, placing it within the downtown nightlife environment. The business also has a presence at local festivals, private parties, and tailgates. The lease assignment or sublease for 213 Iowa Ave requires landlord approval, and the City Plaza cart permit is subject to city approval. The property is identified with CB10 zoning.
Key Highlights
- Brick‑and‑mortar restaurant at 213 Iowa Ave with food‑cart operation
- Business sale includes equipment and inventory; no real estate included
- 1,380‑square‑foot restaurant with additional basement storage
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
2,368
Businesses Nearby
100k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 30%
Hotels & Casinos 12%
Home Improvements & Furnishings 4%
Iowa City #1
Shops & Services
19,700 visits/mo
0.4 miles
Kum & Go
Shops & Services
16,225 visits/mo
0.4 miles
Starbucks
Dining
14,510 visits/mo
0.5 miles
U.S. Bank
Shops & Services
9,793 visits/mo
0.3 miles
Hyatt Place
Hotels & Casinos
6,593 visits/mo
0.5 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
Questions? Ask Rey
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Similar Off Market Nearby
- Burge Market Place — Burge Residence Hall, 301 N Clinton St, Iowa City, IA 52242
- River Room Café — Iowa Memorial Union, 125 N Madison St, Iowa City, IA 52242
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established restaurant operation includes transferred equipment, inventory, and a second food-cart channel subject to city approval.
Where is this conventional restaurant located?
The property is located at 213 Iowa Ave Iowa City, IA.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Brick‑and‑mortar restaurant at 213 Iowa Ave with food‑cart operation; Business sale includes equipment and inventory; no real estate included; 1,380‑square‑foot restaurant with additional basement storage
