Restaurant with Commercial
For Lease
$22 SF/Yr
405 S Gilbert Street, Iowa City, IA 52240
Equipped hospitality space includes a bar, dining areas, and a stage.
Space SizeContact for details
Days on Market48
Property Features for 405 S Gilbert Street
General Information
Standard status
Active
Property subtype
Com Lease
Zoning
Commercial
Lease Type
NNN
Additional Details
Furnished
Yes
Equipment Included
Yes
Taxes and HOA fees
Annual Taxes
$22,638
Amenities
stage
ConcreteSlabGrade,Vinyl,Wood
Irregular
Paved
Building Details
Year Built
1900
Listing Agency:
ClearView Real Estate, LLC
(319) 361-9457
Listed By:
Angie Buck
(319) 361-9457
Source:
Pinnaclerealtyia
Added: Jul 14
Changed: Aug 29
Last Checked: Aug 29 at 1:58PM
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 ClearView Real Estate, LLC
Investment Insights
Based on property information with market context.
This 3,882-square-foot restaurant property includes a commercial kitchen, spacious bar, several dining and seating areas, and a stage suited to live entertainment. Interior finishes include concrete slab, vinyl, and wood, while the property was built in 1900. The existing configuration supports restaurant and bar operations with substantial infrastructure already in place.
Located at 405 S Gilbert Street in Iowa City, the property sits within downtown’s entertainment district and near the University of Iowa campus. The surrounding area includes restaurants, retail, and nightlife, with pedestrian activity from students, residents, visitors, and downtown professionals. Commercial zoning applies to the property.
Located at 405 S Gilbert Street in Iowa City, the property sits within downtown’s entertainment district and near the University of Iowa campus. The surrounding area includes restaurants, retail, and nightlife, with pedestrian activity from students, residents, visitors, and downtown professionals. Commercial zoning applies to the property.
Key Highlights
- 3,882‑square‑foot restaurant property at 405 S Gilbert Street
- Commercial kitchen and spacious bar already in place
- Multiple dining and seating areas with a dedicated stage
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,668
Businesses Nearby
101k
Monthly Visits Nearby
Under-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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- River Room Café — Iowa Memorial Union, 125 N Madison St, Iowa City, IA 52242
- Burge Market Place — Burge Residence Hall, 301 N Clinton St, Iowa City, IA 52242
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Equipped hospitality space includes a bar, dining areas, and a stage.
Where is this conventional restaurant located?
The property is located at 405 S Gilbert Street Iowa City, IA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: 3,882‑square‑foot restaurant property at 405 S Gilbert Street; Commercial kitchen and spacious bar already in place; Multiple dining and seating areas with a dedicated stage
