118 W 1st ST Active Save Request In-Person Tour Request Virtual Tour
Sumner,IA 50674
Key Details
Property Type Commercial
Sub Type Office/Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20245336
Year Built 1897
Annual Tax Amount $7,216
Tax Year 2024
Lot Size 5,227 Sqft
Property Sub-Type Office/Retail
Property Description
Building is currently a bar/restaurant downstairs and short-term rentals upstairs. Property Highlights include 6,416 sq ft of historic charm and character ~ 3 bedrooms each with its own private bath ~ Vintage 20 ft mahogany bar with arm rest, foot rest, and brass waiter bar ~ 3 floor to ceiling stone fireplaces ~ Elevator to second-floor living area ~ 1200 sq ft second floor deck ~ Lift to Partially finished basement. A cornerstone of the community originally built in 1897 as the Bank of Sumner by Stephen F. Cass, this building was listed on the National Registry of Historic Places in 2004 after the entire building was gutted and refurbished. With a change of three door knobs on the second, it could be converted back into a 3200 sq ft residence with 3 bedrooms and 3.5 baths. Furnishings, equipment, and inventory are negotiable and could possibly be seller financed on contract. (Seller/owner is agent licensed to sell real estate in Iowa.)
Location
State IA
County Bremer
Zoning C & R
Interior
Heating Forced Air,Gas,Individual Unit
Cooling Central Air
Exterior
View Y/N true
Building
Sewer City Sewer
Others
Acceptable Financing NBR20245336
Listing Terms NBR20245336
Special Listing Condition Normal Sale