Bar Building with Commercial
New
For Sale
$1,500,000
405 S Gilbert Street, Iowa City, IA 52240
Commercially equipped venue with multiple seating areas, a stage, and a 2am liquor license.
Property Size3,882 SF
Price / SF$386.40
Days on Market2
Property Features for 405 S Gilbert Street
General Information
Standard status
Active
Size
3,882 SF
Property subtype
Commercial
Zoning
Commercial
Lease Type
NNN
Taxes and HOA fees
Annual Taxes
$27,908
Amenities
full commercial kitchen
multiple seating areas
large bar
stage for live music
ConcreteSlabGrade,Vinyl,Wood
Irregular
Paved
Building Details
Year Built
1900
Listing Agency:
GLD Commercial Real Estate Advisors
(319) 393-0900
Listed By:
Ali Fortin
(319) 601-9868
Source:
Pinnaclerealtyia
Added: Sep 11
Last Checked: Sep 12 at 5:35AM
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 GLD Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This 3882-square-foot bar and restaurant building includes a full commercial kitchen, several seating areas, a large bar, and a stage configured for live music. Interior finishes include concrete slab, vinyl, and wood, while the exterior includes paved areas and an irregular layout. Constructed in 1900, the property is zoned Commercial.
Located at 405 S Gilbert Street in downtown Iowa City, the property sits in the heart of the University of Iowa campus. The sale includes a 2am liquor license, supporting continued bar and restaurant use in an established campus-area setting.
Located at 405 S Gilbert Street in downtown Iowa City, the property sits in the heart of the University of Iowa campus. The sale includes a 2am liquor license, supporting continued bar and restaurant use in an established campus-area setting.
Key Highlights
- 3882‑square‑foot bar and restaurant building
- Full commercial kitchen with multiple seating areas
- Large bar and stage for live music
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,668
Businesses Nearby
101k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 43%
Dining 33%
Hotels & Casinos 24%
Kum & Go
Shops & Services
16,225 visits/mo
0.1 miles
Starbucks
Dining
14,510 visits/mo
0.3 miles
Hilton Garden Inn
Hotels & Casinos
11,525 visits/mo
0.2 miles
U.S. Bank
Shops & Services
9,793 visits/mo
0.3 miles
Blick Art Materials
Shops & Services
7,268 visits/mo
0.3 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
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Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Hatchet Jack’s — 101 Hwy 1 W, Iowa City, IA 52246
- 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
- Club Car — 122 Wright St, Iowa City, IA 52240
Frequently Asked Questions
What type of property is this?
Bar & Pub - Commercially equipped venue with multiple seating areas, a stage, and a 2am liquor license.
Where is this bar & pub located?
The property is located at 405 S Gilbert Street Iowa City, IA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 3882‑square‑foot bar and restaurant building; Full commercial kitchen with multiple seating areas; Large bar and stage for live music
