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Restaurant with Equipped Kitchen
New
For Sale
$155,000

5 Sturgis Corner Drive, Iowa City, IA 52246

A built-out restaurant space includes a dedicated dining area and on-site parking in Iowa City.

Property Size3,200 SF
Price / SF$48.44
Days on Market3

Property Features for 5 Sturgis Corner Drive

General Information

Standard status Active
Size 3,200 SF
Property subtype Commercial
Zoning Commercial
Lease Type NNN

Taxes and HOA fees

Annual Taxes $3

Amenities

CeramicTile
CountyRoad,Highway

Building Details

Year Built 1984
Listing Agency: Urban Acres Real Estate
Listed By: Angie Buck
Source: Pinnaclerealtyia
Added: Oct 16 Last Checked: Oct 16 at 2:15PM

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 Urban Acres Real Estate

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Investment Insights

Based on property information with market context.

This 3,200-square-foot restaurant in Iowa City has a built-out dining area and kitchen, with ceramic tile among its interior finishes. On-site parking serves the property, which was constructed in 1984 and is zoned Commercial. An existing lease is part of the property offering.

The property is in Iowa City, minutes from downtown, and is described as surrounded by businesses and residential neighborhoods. County road and highway features are also listed.

Key Highlights

  • 3,200‑square‑foot restaurant property
  • Built in 1984
  • Commercial zoning

Property Analytics

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Current Use

Bur Oak Land ... Charitable Organization Custom vape and glass (Bike/Boat/Book/etc) Store Oryza Asian Cuisine ... Restaurant

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility HVAC Service Building Supply Garden Center (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

1,145
Businesses Nearby
205k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 56% Shops & Services 27% Office Supplies 5% Home Improvements & Furnishings 5%
McDonald's Dining
37,057 visits/mo 0.2 miles
Kum & Go Shops & Services
26,219 visits/mo 0.2 miles
Starbucks Dining
24,488 visits/mo 0.1 miles
Staples Office Supplies
11,026 visits/mo 0.2 miles
Arby's Dining
10,746 visits/mo 0.1 miles

Demographics for 52246, IA

22,829
Population
10,627
Households
2.1
Avg Household Size
29
Median Age
67%
College-Educated
95%
High-School Grad
16.7 sq mi
ZIP Area
1,367
Density / Sq Mi
$55,088
Median Household Income
$28,598
Median Earnings
$1,049
Median Rent
$327,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A built-out restaurant space includes a dedicated dining area and on-site parking in Iowa City.
Where is this conventional restaurant located?
The property is located at 5 Sturgis Corner Drive Iowa City, IA.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: 3,200‑square‑foot restaurant property; Built in 1984; Commercial zoning
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