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$ 1,800,000
Est. payment | /mo
5,150 Sqft Lot
$ 1,800,000
Est. payment | /mo
5,150 Sqft Lot
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202604689
Year Built 2006
Annual Tax Amount $29,178
Tax Year 2024
Lot Size 5,150 Sqft
Lot Dimensions Condo
Property Sub-Type Commercial
Property Description
Rare opportunity to own both a successful restaurant business and the real estate in one of Coralville's premier commercial destinations. Offered at $1,800,000, this package includes the established Konomi Japanese Restaurant along with the approximately 5,150-square-foot commercial condominium located in the highly sought-after Iowa River Landing. The restaurant features a beautifully finished dining room, sushi bar, hibachi tables, full commercial kitchen, bar, and quality furniture, fixtures, and equipment (FF&E), providing a true turnkey opportunity for an owner/operator or investor. Konomi has established a strong reputation and loyal customer base, making this an exceptional opportunity to step into an operating business while benefiting from ownership of the underlying real estate. Situated in a high-traffic mixed-use district surrounded by retail, restaurants, hotels, offices, entertainment, and residential developments, the property offers outstanding visibility, convenient access, and ample parking. Whether you continue operating the existing concept or introduce your own, this property offers tremendous long-term investment potential in one of the Corridor's most desirable commercial locations.
Location
State IA
County Johnson
Zoning Commercial
Direction 1st Ave to Quarry Rd located in IRL S of Marriott
Interior
Heating Natural Gas, Forced Air
Cooling Central Air
Flooring Concrete Slab Grade, Carpet
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, City Water
Roof Type Other
Building
Lot Size Range None
Structure Type Block,Brick
Others
Tax ID 1005187001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Ambrose & Associates, REALTORS
NEARBY SCHOOL & BUSINESS