525 S Gilbert St, Iowa City, IA 52240
525 S Gilbert St, Iowa City, IA 52240
525 S Gilbert St, Iowa City, IA 52240
525 S Gilbert St, Iowa City, IA 52240
525 S Gilbert St, Iowa City, IA 52240
525 S Gilbert St, Iowa City, IA 52240
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Tony Lueken

Tony Lueken

+1(319) 480-3875
$ 125,000
Est. payment | /mo

1,645 Sqft Lot

Save
$ 125,000
Est. payment | /mo
Save

1,645 Sqft Lot

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202606293

Year Built 1900

Tax Year 2025

Lot Size 1,645 Sqft

Acres 0.06

Lot Dimensions Irregular

Property Sub-Type Business

Property Description

This is a student-oriented restaurant, bar on Gilbert right between Orchard Green and the Vine. The Box has 1645 feet of seating with full bar on the first floor with pass through windows to the 888 square foot private patio well engineered for social fun! The Box is open daily with weekend hours extending to 2:00 AM and Mon, Tue, Wed and Sun to midnight. There is a full & creative drinks menu as well as a well thought out food selection. The audio system is top quality bringing a lively party vibe to the experience! In 2025 sales were $201,000 with net profit before taxes at $26, 864. This offering is for the business only and it is subject to an existing lease with payments variable from $3,500 to $4,500 to match the busy seasons, plus taxes, insurance and CAM. Taxes are $9.97 per foot per year, and insurance is approximately $2.60 per foot per year.

Location

State IA

County Johnson

Zoning RFC-SD

Direction S. Gilbert, just north of the Prentiss St intersection.

Interior

Interior Features Zero Step Entry

Heating Natural Gas, Forced Air

Cooling Central Air

Flooring Ceramic Tile, Wood

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, City Water

Roof Type Other

Building

Lot Size Range Less Than Half Acre

Structure Type Brick,Frame

Others

Tax ID 1015132006

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by Lepic-Kroeger, REALTORS

NEARBY SCHOOL & BUSINESS

Tony Lueken

+1(319) 480-3875

tony@luekenre.com

4515 N River Blvd NE, Cedar Rapids, IA 52411, USA

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525 S Gilbert St