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Listed by Timothy Lalk • Century 21 Signature Real Estate-Waverly
$499,900
Est. payment /mo
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office/Retail
Listing Status Active
Purchase Type For Sale
Subdivision Sumner Clocktower
MLS Listing ID 20252664
Year Built 1897
Annual Tax Amount $7,216
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Office/Retail
Property Description
Now is the perfect time to own this iconic property in Sumner, which has been meticulously remodeled with no expenses spared, ensuring a wonderful experience for all who visit. The building currently houses a bar and restaurant on the ground floor, while the upper level is designated for short-term rentals. Property highlights include: - 6,416 sq ft of historic charm and character - Three bedrooms, each with its own private bath - A vintage 20 ft mahogany bar featuring an armrest, footrest, and brass waiter bar - Three floor-to-ceiling stone fireplaces - An elevator to the second-floor living area - A 1,200 sq ft deck on the second floor - A lift to a partially finished basement 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 a complete gut renovation. With a simple change of three door knobs on the second floor, it could be converted back into a 3,200 sq ft residence featuring three bedrooms and 3.5 baths or continue it as a successful short term rental. Furnishings, equipment, and inventory are negotiable. (The owner is a licensed real estate agent in Iowa, but is not the listing agent.)
Location
State IA
County Bremer
Zoning C & R
Interior
Heating Forced Air, Natural Gas, Hot Water, Individual Unit
Cooling Central Air, Multi Units
Flooring Wood
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available, Sewer Available
View Y/N true
Roof Type Metal
Building
Sewer Public Sewer
Others
Acceptable Financing NBR20252664
Listing Terms NBR20252664
Special Listing Condition Normal Sale
Virtual Tour https://youtu.be/3O0ADdX-6D0
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