PENDING
3D VIEW
118 W 1st St
Sumner, IA 50674
3 Beds
5 Baths
7,616 sqft
- 3 Beds
- 5 Baths
- 7,616 sqft
3 Beds
5 Baths
7,616 sqft
Local Information
© Google
-- mins to
Commute Destination
Description
TURN KEY Business/Residence: Welcome to this truly iconic and historic gem nestled in Sumner, Iowa, at 118 W 1st Street. This turnkey property seamlessly blends the charm of a bygone era with modern functionality, offering a unique opportunity to own a piece of Sumner's history. The current business, Clocktower Koselig, enjoys a central location, providing easy access to local amenities and attractions. Be not just an owner but a cornerstone of the community, contributing to Sumner's rich tapestry. Originally built in 1897 as the Bank of Sumner by Stephen F. Cass, this magnificent building has witnessed the ebb and flow of time, surviving the Great Depression and transforming through various uses. Listed on the National Register of Historic Places in 2004, it stands as a testament to Sumner's enduring spirit. You will be amazed by this property’s gorgeous features. The first floor boasts a full bar and a separate party room (aka two car attached garage) offering the perfect setting for social gatherings, events, and celebrations. The second floor includes a spacious common area with a full kitchen, living room, dining room, and a 1200 sq ft deck. Currently set up as three short term rental suites; with a change of three door knobs, it could be converted back into a 3200 sq ft residence with 3 bedrooms and 3.5 baths. Property Highlights: 6,416 square feet of historic charm and character ~ 3 well-appointed bedrooms for a comfortable stay ~ 5 bathrooms catering to the needs of both overnight guests and event/bar customers ~ Vintage 20 ft mahogany bar with arm rest, foot rest, and brass waiter bar ~ 3 floor to ceiling stone fireplaces, 2 gas and 1 electric ~ Elevator to second-floor living areas ~ Partially finished basement ~ Comfortable furnishings as well as all equipment included for a turnkey business ~ Repeat bar and airbnb customer base established ~ Wine and retail inventory negotiable. Seize the opportunity to own this historic masterpiece. Whether you're captivated by its rich history or enticed by its potential for endless opportunities and either rent the second story or live above your business, The Clocktower Building awaits your vision and passion. Schedule a viewing today and step into a living piece of Iowa's past. (Seller is agent licensed to sell real estate in Iowa.)
Home Highlights
Parking
2 Car Garage
Outdoor
Patio, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$79
Listed
155 days ago
Home Details for 118 W 1st St
Interior Features |
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Interior Details Basement: BlockNumber of Rooms: 7 |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 5Number of Bathrooms (full): 3Number of Bathrooms (half): 2 |
Dimensions and Layout Living Area: 7616 Square Feet |
Appliances & Utilities Appliances: Disposal, Microwave Built In, Free-Standing RangeDisposalLaundry: Laundry Closet |
Heating & Cooling Heating: Forced Air,Natural Gas,ZonedHas CoolingAir Conditioning: Ceiling Fan(s),Central Air,ZonedHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Fireplace: Multiple, Electric, Gas, Family Room, Living RoomHas a Fireplace |
Windows, Doors, Floors & Walls Door: French Doors, Paneled DoorsFlooring: Hardwood |
Levels, Entrance, & Accessibility ElevatorFloors: Hardwood |
Security Security: Smoke Detector(s) |
Exterior Features |
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Exterior Home Features Roof: Rolled Hot Mop SteelPatio / Porch: Deck, PatioExterior: Sidewalk |
Parking & Garage Number of Carport Spaces: 2Number of Covered Spaces: 2GarageHas an Attached GarageParking Spaces: 2Parking: 2 Stall,Attached Garage |
Frontage Road Surface Type: Concrete |
Finished Area Finished Area (below surface): 1120 Square Feet |
Days on Market |
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Days on Market: 155 |
Property Information |
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Year Built Year Built: 1897 |
Property Type / Style Property Type: ResidentialProperty Subtype: Zero Lot Line |
Building Construction Materials: Brick, StoneNo Additional Parcels |
Property Information Parcel Number: 0424366007 |
Price & Status |
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Price List Price: $599,000Price Per Sqft: $79 |
Status Change & Dates Off Market Date: Thu Apr 25 2024 |
Active Status |
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MLS Status: Pending |
Location |
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Direction & Address City: Sumner |
School Information Elementary School: SumnerJr High / Middle School: SumnerHigh School: Sumner-Fredericksburg |
Agent Information |
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Listing Agent Listing ID: 20234964 |
HOA |
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HOA Fee: No HOA Fee |
Lot Information |
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Lot Area: 5227.2 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Transaction Broker Commission: 2Transaction Broker Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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BasementMls Number: 20234964Projected Close Date: Mon Jun 24 2024 |
Additional Information |
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Mlg Can ViewMlg Can Use: IDX |
Last check for updates: about 21 hours ago
Listing courtesy of Kelly S Schaufenbuel, (319) 404-0718
The Property Shoppe
Source: Northeast Iowa Regional BOR, MLS#20234964
Price History for 118 W 1st St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/26/2024 | $599,000 | Pending | Northeast Iowa Regional BOR #20234964 |
| 01/11/2024 | $599,000 | PriceChange | Northeast Iowa Regional BOR #20234964 |
| 11/26/2023 | $625,000 | Listed For Sale | Northeast Iowa Regional BOR #20234964 |
| 07/27/2022 | $465,000 | Sold | N/A |
| 10/10/2018 | $80,000 | Sold | N/A |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $3,838 |
| Assessment | $412,660 |
Home facts updated by county records
Comparable Sales for 118 W 1st St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
3.98 | Lot/Land | $155,000 | 11/09/23 | 5 | 1.8 | 2,176 | |
6.43 | Lot/Land | $1,602,888 | 10/20/23 | - | - |
What Locals Say about Sumner
- Lee R.
- Resident
- 3y ago
"Lived in our house for 30 years and will stay as long as we can. Good neighbors, Good cost of living."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Kelly S Schaufenbuel, The Property Shoppe
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Based on information submitted to the MLS GRID as of 2024-02-12 13:19:33 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Based on information submitted to the MLS GRID as of 2024-02-12 13:19:33 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
118 W 1st St, Sumner, IA 50674 is a 3 bedroom, 5 bathroom, 7,616 sqft lot/land built in 1897. This property is currently available for sale and was listed by Northeast Iowa Regional BOR on Nov 26, 2023. The MLS # for this home is MLS# 20234964.