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118 W 1st Street

Sumner, IA 50674
  • $499,900
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 20252664
UPDATED: 53 min ago
$499,900
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1897
County:

School Ratings & Info

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.)

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Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2025-07-11T19:42:17.233 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
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118 W 1st Street Sumner, IA 50674

  • Price: $499,900
  • Status: Active
  • On Site: 31 Days
  • Updated: 53 min ago
  • MLS #: 20252664
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1897
Built
Neighborhood:
Sumner Clocktower
County:
Bremer
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.)
Exterior Features

Frontage Type Corner LotCity Street Garage YN Yes Open Parking Spaces 2 Roof Metal

Interior Features

Building Area Total 7572 Cooling Central AirMulti Units Flooring Wood Heating Forced AirNatural GasHot WaterIndividual Unit Insulation RoofSide Walls Total Available Square Footage 7492 Warehouse Square Footage 0

Property Features

Agent Owned YN Yes Available Office Square Footage 800 Available Retail Square Footage 2365 Building Description Multi-Tenant2 Story Building Location Downtown Common Area Yes Existing Lease Type None Expense History Projected Flood Insurance No For Lease YN No For Sale Rent For Sale For Sale YN Yes Gross Income 0 Investment YN Yes Lease Per Month 0 Multi Tenant YN Yes Net Operating Income 0 Number Dock Doors 0 Number Drive In Doors 1 Number Rail Doors 0 Operating Expense 0 Possession Closing Possible Use OfficeRetailOther Property Sub Type Office/Retail Sale Lease Includes Building Sewer Public Sewer Special Listing Conditions Normal Sale Sprinkler YN No Tax Annual Amount 7216 Tax Year 2024 Tiered Sliding No Utilities Electricity AvailableNatural Gas AvailableWater AvailableSewer Available Zoning C & R



Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2025-07-11T19:42:17.233 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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Vine Valley Real Estate
808 E. 18th St.
Cedar Falls IA, 50613