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7282 Columbus St 3,552 SF Vacant Retail Building New Vienna, IA 52065 $199,000 ($56.02/SF)
Investment Highlights
- Each floor offers approximately 1,776 sq. ft. of space
- Prominent corner entrance with large display windows
- Flexibility to use the entire building or divide the upper level for a short or long-term rental
Executive Summary
New Vienna, Iowa
A rare opportunity to own or lease a fully renovated historic building in the heart of New Vienna, just minutes from the world-famous Field of Dreams. This two-story brick landmark was formerly operated as a tavern with living quarters above and is now undergoing a complete renovation, blending modern updates with timeless character.
Each floor offers 1,776 sq. ft. of space, with the flexibility to use the entire building or divide the upper level for a short- or long-term rental. The main floor features a prominent corner entrance with large display windows, making it ideal for a tavern, restaurant, retail, or office use. The second floor offers versatile options, including residential, office, or AirBnB-style accommodations.
Renovations are being completed with attention to preserving the building’s original charm, including the ornate tin ceiling and carefully crafted casework. The property will be delivered fully updated, and the buyer or tenant specifications may be incorporated into the renovation for a truly customized space.
Whether you’re seeking a flagship location for your business, an investment property with rental potential, or a unique live/work opportunity, this property offers outstanding flexibility and historic charm in a central small-town setting.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Corner Lot
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The building offers approximately 3,552 SF of total space, with 1,776 SF on each floor. The main level features an open commercial layout with a prominent corner entrance and large storefront windows, making it well suited for restaurant, tavern, retail, office, or service-oriented businesses. The second floor provides flexible space for residential living quarters, professional offices, or short- and long-term rental accommodations. Renovations are designed to preserve the building's historic character while incorporating modern building systems, and buyer or tenant specifications may still be incorporated during construction.
- 2
- 1,776 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1 | 1,776 SF | Retail | - | Now |
| 2 | 1,776 SF | Retail | - | Now |
1
| Size |
| 1,776 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2
| Size |
| 1,776 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1
| Size | 1,776 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
The building offers approximately 3,552 SF of total space, with 1,776 SF on each floor. The main level features an open commercial layout with a prominent corner entrance and large storefront windows, making it well suited for restaurant, tavern, retail, office, or service-oriented businesses. The second floor provides flexible space for residential living quarters, professional offices, or short- and long-term rental accommodations. Renovations are designed to preserve the building's historic character while incorporating modern building systems, and buyer or tenant specifications may still be incorporated during construction.
Property Taxes
| Parcel Number | 07-05-303-001 | Total Assessment | $37,200 (2025) |
| Land Assessment | $9,800 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $27,400 (2025) | Tax Year | 2024 |
Property Taxes
Contact the Sale Advisor
7282 Columbus St