118 W 1St St Sumner, IA 50674

Property Details for 118 W 1St St

Year built

1897

Lot size

0.12 lot acres

Property size

6,372 SF

Property type

Bars

Property subtype

Pubs

APN

04-24-366-007

APU

424366007

Description

This stunning 7,572 sq ft commercial property, located at 118 W 1st Street in Sumner, IA, is a true gem. Originally built in 1897 as the Bank of Sumner and listed on the National Registry of Historic Places in 2004, this building offers a unique blend of historic charm and modern functionality. The main floor features a full bar with a separate party room (adaptable as a two-car garage), two office spaces, and a food prep area with potential for expansion into a full commercial kitchen. Upstairs, a spacious area currently configured as three short-term rental suites can easily be converted into a 3,200 sq ft residence with three bedrooms and 3.5 bathrooms (requiring only minor modifications). This level also includes a full kitchen, living room, dining room, and a large 1,200 sq ft deck. The property boasts impressive features including a vintage 20-foot mahogany bar, three floor-to-ceiling stone fireplaces, and an elevator servicing the second floor. A partially finished basement adds further potential. The 0.12-acre lot provides ample space. Furnishings, equipment, and inventory are available for negotiation. This exceptional property presents a rare opportunity to own a piece of Sumner's history while enjoying significant income potential.

Location Insight

City

Sumner

County

Bremer

State

Iowa

Longitude

-92.0988

Latitude

42.8477

CBSA code

47940

CBSA name

WATERLOO-CEDAR FALLS, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments