118 W 1st Street, Sumner, IA
Retail for Sale - $499,900 - 7,572 Sq. Ft.
Agent Info
Tim Lalk CENTURY 21 Signature Real Estate |
Property Info
CIMLS# | 1177263 |
Location 118 W 1st Street Sumner IA 50674 | |
Updated | June 18th, 2025 |
Type | Retail |
Price | $499,900 |
Building | 7,572 Sq. Ft. |
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.)