Commercial Sale
- Gilbert St, Iowa City, Iowa 52240
QR Code
Description

This is a student-oriented restaurant, bar on Gilbert right between Orchard Green and the Vine. The Box has 1645 feet of seating with full bar on the first floor with pass through windows to the 888 square foot private patio well engineered for social fun! The Box is open daily with weekend hours extending to 2:00 AM and Mon, Tue, Wed and Sun to midnight. There is a full & creative drinks menu as well as a well thought out food selection. The audio system is top quality bringing a lively party vibe to the experience! In 2025 sales were $201,000 with net profit before taxes at $26, 864. This offering is for the business only and it is subject to an existing lease with payments variable from $3,500 to $4,500 to match the busy seasons, plus taxes, insurance and CAM. Taxes are $9.97 per foot per year, and insurance is approximately $2.60 per foot per year.

Property Description

This is a student-oriented restaurant, bar on Gilbert right between Orchard Green and the Vine. The Box has 1645 feet of seating with full bar on the first floor with pass through windows to the 888 square foot private patio well engineered for social fun! The Box is open daily with weekend hours extending to 2:00 AM and Mon, Tue, Wed and Sun to midnight. There is a full & creative drinks menu as well as a well thought out food selection. The audio system is top quality bringing a lively party vibe to the experience! In 2025 sales were $201,000 with net profit before taxes at $26, 864. This offering is for the business only and it is subject to an existing lease with payments variable from $3,500 to $4,500 to match the busy seasons, plus taxes, insurance and CAM. Taxes are $9.97 per foot per year, and insurance is approximately $2.60 per foot per year.

Basic Details
Property Type:
Commercial
Listing Type:
Sale
Listing ID:
202606293
Price:
$125,000
Lot Size:
0.06 Acre
Country:
US
State:
IA
County:
Johnson
City:
Iowa City
Zipcode:
52240
Features
Heating:
Natural Gas, Forced Air
Cooling System:
Central Air
Roof:
Other
Construction:
Frame, Brick
Interior:
Zero Step Entry
Address Map
Street Number:
525
Street Dir Prefix:
S
Street:
Gilbert St
Floor Number:
0
Longitude:
W92° 28' 10.1''
Latitude:
N41° 39' 16.9''
More Information
Office Name:
Lepic-Kroeger, REALTORS
Directions:
S. Gilbert, just north of the Prentiss St intersection.
Zoning:
RFC-SD
Lot Dimensions:
Irregular
LA1Agent Logon Name:
I038
LA1Agent First Name:
Jeff
LA1Agent Last Name:
Edberg
LO1Main Office ID:
ILKR
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Jeff Edberg
Lepic-Kroeger, REALTORS
Additional Details
Central Air
Frame, Brick
Zero Step Entry
10/27/2026
S. Gilbert, just north of the Prentiss St intersection.
Irregular