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118 W 1st Street

$499,900

118 W 1st Street, Sumner, IA 50674

Active
Last Updated: 06/11/2025

7,572 sqft

Building Size

0.12 acres

Lot Area

Details:
Building Size:    7,572 sqft
Lot Area:    0.12 acres
Year Built:    1897
Zoning:    C &
MlsNumber:    20252664
Highlights:
  • Annual Tax: $ 7216.0
Description:

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.)

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Location
Gallery