Contact us: 563.441.1776
Description
Vibrant Investment Opportunity in Downtown Iowa City! Welcome to a unique investment opportunity nestled in the heart of downtown IC. This fully leased building is a bustling hub of activity, housing two lively bars on the main and lower levels. Both bars come with active liquor licenses. Commercial tenants are in year 4 of a 10-yr. lease. Adding to its charm is a fully-equipped kitchen, serving as the culinary heart of the establishment. This feature enhances the potential for diverse food and beverage offerings, making it a popular choice among locals and visitors alike. The upper level of the building houses four residential apartments, all currently occupied by tenants.
Property Highlights
Property Type: Commercial - Business
Building Description: 3.0 stories
Year Built: 1917
General Information
County: Johnson
Listed By:
LEPIC-KROEGER, REALTORS
Jon Proud
319-351-8811
Cedar Rapids MLS
MLS ID: 2607114
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13 S Linn Street, Iowa City, IA 52240.
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563-441-1862
toll free 866-441-1862
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $2,500,000 | $2,500,000 | $2,500,000 |
| Down Payment | $87,500 | $0 | $500,000 |
| Monthly Mortgage Amount | $16,331 | $17,205 | $13,814 |
| Taxes | $3479 | $3479 | $3479 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $1,501 | $0 | $0 |
| Monthly Estimated Total | $22,040 | $21,413 | $18,022 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 10/17/2026. The listing information on this page last changed on 10/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 10/17/2026 1:06:39 AM EST) or MRED MLS (last updated Sat 10/17/2026 12:58:03 AM EST) or SCWMLS (last updated Fri 10/16/2026 11:55:23 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 10/16/2026 10:28:40 PM EST) or Cedar Rapids MLS (last updated Fri 10/16/2026 10:50:05 PM EST) or NEIRBR MLS (last updated Sat 10/17/2026 12:58:44 AM EST) or ICAAR MLS (last updated Fri 10/16/2026 11:37:38 PM EST) or ECIMLS (last updated Fri 10/16/2026 11:44:35 PM EST) or RMLSA (last updated Sat 10/17/2026 1:00:59 AM EST) or Muscatine MLS (last updated Sat 10/17/2026 1:00:13 AM EST) or No Coast MLS (last updated Sat 10/17/2026 12:44:23 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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