118 W 1st Street, Sumner, IA

$499,900

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0.12

Acres

About 118 W 1st Street

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.)

Features of 118 W 1st Street

MLS® # 20252664
Price $499,900
Acres 0.12
Year Built 1897
Type Commercial Sale
Sub-Type Office/Retail
Status Active

Community Information

Address 118 W 1st Street
Subdivision Sumner Clocktower
City Sumner
County Bremer
State IA
Zip Code 50674

Amenities

Utilities Electricity Available, Natural Gas Available, Water Available, Sewer Available
Parking Spaces 2
Is Waterfront No

Interior

Heating Forced Air, Natural Gas, Hot Water, Individual Unit
Cooling Central Air, Multi Units
Fireplace No

Exterior

Exterior Brick
Roof Metal

Additional Information

Date Listed June 8th, 2025
Zoning C & R
Short Sale No
RE / Bank Owned No

Listing Details

AgentTimothy Lalk
OfficeCentury 21 Signature Real Estate-Waverly

Listing Map

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