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About This Home

This 0-bedroom, 0-bathroom commercial at 405 S Gilbert St in Iowacity, IA is listed for $1,500,000. Built in 1900, on a N/A lot.

Agent Description

Bring the historic Sanctuary Pub back to life or create your own vision for this iconic location. The property has maintained its 2am liquor license to accommodate the active and vibrant college scene. The interior is rich with history and gives off a dark moody vibe.

Kitchen equipment has been removed but the bones are good with the hood and Ansul system, walk-in coolers and walk-in freezer remaining. The upper floor offers offices for management, employees and storage. A convenient walkway leads from the back parking lot to the front of the building but count on lots of foot traffic in this great downtown location. Also for lease in separate listing.

Key Features

  • Built in 1900

Property Details

1900

Monthly Cost Estimate

$8,022/mo

20% down · 6.5% · 30 years

Principal$1,085
Interest$6,500
Insurance$438

Estimates only. Actual payments may vary.

Location

405 S Gilbert St

Iowacity, IA 52240

Property Details

Flooring

ConcreteVinylWood

Construction

BrickFrame

Heating

Forced AirNatural Gas

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 405 S Gilbert St is listed at $1,500,000. The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.

Key features include: Built in 1900.

This property is listed by Jeff Edberg and can be reached at 3193316187 or jeff@icrealestate.com.

JE

Jeff Edberg

Agent at Lepic-Kroeger, REALTORS

(319) 331-6187

Listed by Lepic-Kroeger, REALTORS · View on Broker Site

MLS# 202603054· Source: listhub· Updated 24 days ago

Copyright © 2026 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

405 S Gilbert St, Iowacity, IA 52240

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