Contact us: 563.441.1776
Description
Turnkey restaurant opportunity in a highly visible, high-traffic Iowa City location just minutes from downtown. Surrounded by established businesses and residential neighborhoods, the property offers convenient access to nearby residents, employees, and visitors, with on-site parking for customers and staff. This fully built-out space features a functional layout, well-equipped kitchen, and inviting dining area, providing a ready-to-operate foundation for a new owner. The versatile setup accommodates a variety of restaurant concepts, making it attractive to experienced operators and entrepreneurs alike. Value lies in the location, restaurant assets, and existing lease. Contact the listing agent for additional information and showing.
Property Highlights
Property Type: Commercial - Business
Year Built: 1984
General Information
County: Johnson
Listed By:
Skogman Realty Co.
Kevin Sun
319-625-6427
ICAAR MLS
MLS ID: 202606099
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5 Sturgis Corner Drive, Iowa City, IA 52246.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $155,000 | $155,000 | $155,000 |
| Down Payment | $31,000 | $5,425 | $38,750 |
| Monthly Mortgage Amount | $856 | $1,038 | $1,029 |
| Taxes | $216 | $216 | $216 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $68 | $0 |
| Monthly Estimated Total | $1,172 | $1,422 | $1,345 |
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 10/14/2026. The listing information on this page last changed on 10/14/2026. 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 Wed 10/14/2026 3:37:22 AM EST) or MRED MLS (last updated Tue 10/13/2026 3:39:53 PM EST) or SCWMLS (last updated Tue 10/13/2026 11:55:13 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 10/13/2026 10:24:28 PM EST) or Cedar Rapids MLS (last updated Tue 10/13/2026 10:44:13 PM EST) or NEIRBR MLS (last updated Wed 10/14/2026 1:18:42 AM EST) or ICAAR MLS (last updated Tue 10/13/2026 11:37:36 PM EST) or ECIMLS (last updated Tue 10/13/2026 11:44:31 PM EST) or RMLSA (last updated Wed 10/14/2026 1:10:56 AM EST) or Muscatine MLS (last updated Wed 10/14/2026 2:00:08 AM EST) or No Coast MLS (last updated Wed 10/14/2026 12:44:20 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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