Commercial Lease Sale
- Gilbert Street, Iowa City, Iowa 52240
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Description

Former Sanctuary Pub – Turnkey Restaurant & Bar for Lease | Downtown Iowa City! A rare opportunity to lease one of downtown Iowa City’s most recognizable restaurant and bar locations. The former Sanctuary Pub, a longtime local favorite, is ideally situated in the heart of the downtown entertainment district just steps from the University of Iowa campus. This fully equipped, turnkey space features a commercial kitchen, spacious bar, multiple dining and seating areas, and a stage for live music and entertainment. The existing layout is designed for efficient restaurant and bar operations, allowing a new owner or tenant to open quickly with minimal build-out. Surrounded by restaurants, retail, nightlife, and year-round pedestrian traffic, this prime location offers exceptional visibility and access to students, residents, visitors, and downtown professionals. Whether you’re launching a new concept or expanding an established brand, this is an outstanding opportunity to establish your business in one of Iowa City’s premier hospitality locations. Contact the listing agent today for additional information or to schedule a private tour.

Property Description

Former Sanctuary Pub – Turnkey Restaurant & Bar for Lease | Downtown Iowa City! A rare opportunity to lease one of downtown Iowa City’s most recognizable restaurant and bar locations. The former Sanctuary Pub, a longtime local favorite, is ideally situated in the heart of the downtown entertainment district just steps from the University of Iowa campus. This fully equipped, turnkey space features a commercial kitchen, spacious bar, multiple dining and seating areas, and a stage for live music and entertainment. The existing layout is designed for efficient restaurant and bar operations, allowing a new owner or tenant to open quickly with minimal build-out. Surrounded by restaurants, retail, nightlife, and year-round pedestrian traffic, this prime location offers exceptional visibility and access to students, residents, visitors, and downtown professionals. Whether you’re launching a new concept or expanding an established brand, this is an outstanding opportunity to establish your business in one of Iowa City’s premier hospitality locations. Contact the listing agent today for additional information or to schedule a private tour.

Basic Details
Property Type:
Commercial Lease
Listing Type:
Sale
Listing ID:
202604354
Price:
$22
Construction Year:
1900
Country:
US
State:
IA
County:
Johnson
City:
Iowa City
Zipcode:
52240
Property Sub Type:
Commercial
Features
Heating:
Central
Cooling System:
Central Air
Roof:
Metal, Tar Gravel
Construction:
Brick
Address Map
Street Number:
405
Street Dir Prefix:
S
Street:
Gilbert Street
Floor Number:
0
Longitude:
W92° 28' 10.1''
Latitude:
N41° 39' 22.8''
More Information
Office Name:
Barkalow & Associates, Realtors
Directions:
Just one block up from Gilbert Street and Burlington Street right Downtown Iowa City
Zoning:
Commercial
Lot Dimensions:
Irregular
LA1Agent Logon Name:
I734
LA1Agent First Name:
Tracy
LA1Agent Last Name:
Barkalow
LO1Main Office ID:
IBAR
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Tracy Barkalow
Barkalow & Associates, Realtors
Additional Details
Central Air
Brick
07/14/2026
Just one block up from Gilbert Street and Burlington Street right Downtown Iowa City
Irregular