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5 Sturgis Corner Drive Iowa City, IA 52246 • Commercial - Business • Active

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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
$0.00 / Monthly
Est. $1,141/mo
New to the Market Active
SQUARE FEET3,200 MLS#202606099
STATUSActive PROPERTY TYPECommercial - Business

Get in Touch

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Shown By

Agent Name: Kelley Myers
 Agent Phone: (319) 631-1289
 Agency Title: Ruhl&Ruhl Realtors
 Agent Email:

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5 Sturgis Corner Drive, Iowa City, IA 52246.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $155,000$155,000$155,000
Down Payment $31,000$5,425$38,750
Monthly Mortgage Amount $825$1,013$1,005
Taxes $216$216$216
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$68$0
Monthly Estimated Total $1,141$1,397$1,321

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