Contact us: 563.441.1776
Description
George's Best Gyros is for sale! (Ped Mall food cart and brick & mortar restaurant at 213 Iowa Ave) Established in 1984 as a food cart, George's Gyros has become a staple of Iowa City's downtown nightlife for over 40 years. Enormous profit potential for a hands on entrepreneur that wants to embark in the downtown Iowa City fast food / late night food business or a seasoned operator already in the business. The restaurant is located between two popular college bars and across from the University of Iowa campus. Additional income in local festivals, private parties, tailgates, etc. Gross rent at 213 Iowa Ave, Iowa City is $2882 / month with options to renew. City Plaza cart permit subject to city approval. 213 Iowa Ave lease assignment / sublease is subject to Landlord approval. Great profit margin potential / low food costs. Perfect for a hands on owner operator. Equipment & inventory transfers to buyer. Sale is for business only. No real estate is included. Owner is a licensed Realtor in Iowa. Hood Vent and Coolers at restaurant are property of landlord, but maintained by tenant. Additional storage space in basement at 213 Iowa Ave.
Property Highlights
Property Type: Commercial - Business
Year Built: 1900
General Information
County: Johnson
Listed By:
Urban Acres Real Estate
Mark Paterno
319-351-1111
ICAAR MLS
MLS ID: 202600882
For Details, Contact
Get in Touch
For Details, Contact
Contact an agent to learn more about
213 Iowa Ave, Iowa City, IA 52240.
Mortgage Calculator
Call or Click to get Pre-Approved!
563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $150,000 | $150,000 | $150,000 |
| Down Payment | $30,000 | $5,250 | $37,500 |
| Monthly Mortgage Amount | $729 | $907 | $927 |
| Taxes | $209 | $209 | $209 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $66 | $0 |
| Monthly Estimated Total | $1,038 | $1,282 | $1,236 |
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 06/02/2026. The listing information on this page last changed on 06/02/2026. 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 Tue 06/02/2026 12:48:31 PM EST) or MRED MLS (last updated Tue 06/02/2026 12:46:23 PM EST) or SCWMLS (last updated Tue 06/02/2026 12:43:13 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 06/02/2026 12:04:26 PM EST) or Cedar Rapids MLS (last updated Tue 06/02/2026 12:44:16 PM EST) or NEIRBR MLS (last updated Tue 06/02/2026 12:38:48 PM EST) or ICAAR MLS (last updated Tue 06/02/2026 12:37:53 PM EST) or ECIMLS (last updated Tue 06/02/2026 12:40:20 PM EST) or RMLSA (last updated Tue 06/02/2026 12:40:58 PM EST) or Muscatine MLS (last updated Tue 06/02/2026 12:45:17 PM EST) or No Coast MLS (last updated Tue 06/02/2026 12:44:36 PM 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.
Privacy Policy / DMCA Notice / ADA Accessibility
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --