563-568-4170
Since 1960
$499,000.00
118 W 1st St, Sumner, IA 50674
TURN KEY Business/Residence located in Sumner, Iowa. The current bar/restaurant is a cornerstone of the community originally built in 1897 as the Bank of Sumner by Stephen F. Cass, this magnificent building was listed on the National Registry of Historic Places in 2004 after the entire building was gutted and refurbished. You will be amazed by this property’s gorgeous features. The first floor boasts a full bar and a separate party room (aka two car attached garage) offering the perfect setting for social gatherings, events, and celebrations. In addition, there are two office spaces and a small food prep area with the possibility to expand to a full commercial kitchen. The second floor includes a spacious common area with a full kitchen, living room, dining room, and a 1200 sq ft deck. Currently set up as three short term rental suites; with a change of three door knobs, it could be converted back into a 3200 sq ft residence with 3 bedrooms and 3.5 baths. Property Highlights: 6,416 square feet of historic charm and character ~ 3 well-appointed bedrooms for a comfortable stay ~ 5 bathrooms catering to the needs of both overnight guests and event/bar customers ~ Vintage 20 ft mahogany bar with arm rest, foot rest, and brass waiter bar ~ 3 floor to ceiling stone fireplaces ~ Elevator to second-floor living areas ~ Partially finished basement. Furnishings, equipment, and inventory are negotiable. (Seller/owner is agent licensed to sell real estate in Iowa.)
MLS ID #:
NBR20245336
Property Address:
118 W 1st St
Sumner, IA 50674
Sumner, IA 50674
County:
Bremer
Region:
Outside the Metro Area
Miles to Highway:
Hwy 93
Year Built:
1897
Property Type:
Commercial Sale
Sub-Type:
Office/Retail
Date Listed:
December 9th, 2024
Status:
Active
Price:
$499,000.00
Gross Taxes:
$7,216.00
Tax Year:
2024
Sale/Rent:
For Sale
For Lease:
No
Sale/Lease Type:
Normal Sale
Lease $/SqFt:
$66.00
For Sale:
Yes
Zoning:
C & R
Legal Desc:
24-93-11 ORIGINAL W 39 1/2' LOT 5 BLK 24
Off-Street Parking:
2.00
Drive-In Doors:
1
Sprinkler:
No
Total Building Sq Ft:
7,572 sq ft
Office SqFt:
800 sq ft
Retail SqFt:
2,365 sq ft
Lot Sq Footage:
5,280
Acres:
0.12
Common Area:
Yes
Sewer Type:
City Sewer
Heating:
Forced Air, Gas, Individual Unit
Cooling:
Central Air
Listing provided courtesy of The Property Shoppe.Listing Agent: Kelly Schaufenbuel
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
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