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. Total monthly rent, base + NNN charges, is approximately $9330 per mo.

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Listing ID #202602209

Commercial Lease

405 S Gilbert St
Iowa City, Iowa 52240

$22

Construction Year1900

Country : US

State : IA

County : Johnson

City : Iowa City

Zipcode : 52240

StatusActive

Listing Agent

Name: Jeff Edberg

Office: Lepic-Kroeger, REALTORS

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Features

Property ID: 202602209

Property Type: Commercial

Year Built: 1900

Construction: Frame, Brick

Directions: On Gilbert St between Court St and Prestiss St, just south of the Burlington & Gilbert St intersection.

Additional Details

Cooling System: Central Air

Heating Fuel: Natural Gas, Forced Air

Roof: Metal, Tar Gravel

Listing Date: 04-02-2026

Lot Dimensions: Irregular

Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.

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