118 1st St Sumner, IA 50674-1141
Property profile & analytics
118 1st St Sumner, IA 50674-1141
- Bars & Pubs
- 6,372 SF
- 0.12 lot acres
Property ID
US25-1260551
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- The Property Shoppe / Real Estate Agency
- Clocktower Koselig / Bar & Pub / Nightclub
- S K Rogers Funeral Home / Social Service Agency
- Midwest Trunk Co / Home Decor Store / Furniture & Home Goods
Property Details for 118 1st St
- Year built
- 1897
- Lot size
- 0.12 lot acres
- Property size
- 6,372 SF
- Property type
- Bars & Pubs
- 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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- 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
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,216
$10,000
$405,690
$415,690
-
$10,000
$405,690
$415,690
