405 S Gilbert Street, Iowa City, IA 52240
405 S Gilbert Street, Iowa City, IA 52240
405 S Gilbert Street, Iowa City, IA 52240
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JJ Johannes

JJ Johannes

+1(319) 540-1002
$ 22

3,882 Sqft Lot

Save
$ 22
Save

3,882 Sqft Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Rent

MLS Listing ID 202604354

Year Built 1900

Annual Tax Amount $22,638

Tax Year 2024

Lot Size 3,882 Sqft

Lot Dimensions Irregular

Property Sub-Type Commercial

Property Description

Former Sanctuary Pub – Turnkey Restaurant & Bar for Lease | Downtown Iowa City! A rare opportunity to lease one of downtown Iowa City's most recognizable restaurant and bar locations. The former Sanctuary Pub, a longtime local favorite, is ideally situated in the heart of the downtown entertainment district just steps from the University of Iowa campus. This fully equipped, turnkey space features a commercial kitchen, spacious bar, multiple dining and seating areas, and a stage for live music and entertainment. The existing layout is designed for efficient restaurant and bar operations, allowing a new owner or tenant to open quickly with minimal build-out. Surrounded by restaurants, retail, nightlife, and year-round pedestrian traffic, this prime location offers exceptional visibility and access to students, residents, visitors, and downtown professionals. Whether you're launching a new concept or expanding an established brand, this is an outstanding opportunity to establish your business in one of Iowa City's premier hospitality locations. Contact the listing agent today for additional information or to schedule a private tour.

Location

State IA

County Johnson

Zoning Commercial

Direction Just one block up from Gilbert Street and Burlington Street right Downtown Iowa City

Interior

Heating Central

Cooling Central Air

Flooring Concrete Slab Grade, Vinyl, Wood

Exterior

Utilities Available Cable Available, Electricity Available, City Water

Roof Type Metal,Tar Gravel

Building

Lot Size Range Less Than Half Acre

Structure Type Brick

Others

Tax ID 1015131002

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by Barkalow & Associates, Realtors

NEARBY SCHOOLS & PROPERTIES

JJ Johannes

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(319) 540-1002

jj@thejohannesgroup.com

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405 S Gilbert Street