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Scott Athmer

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120 N Illinois Street, Lake City, IA 51449

$110,000
  • 120 N Illinois Street, Lake City, IA 51449 Main Photo

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Active
MLS#6327054
STATUS PROPERTY TYPECommercial - Business

Property Description

Located on the square in Lake City's charming downtown square, this beautifully restored Carnegie Library offers a unique opportunity to own a piece of history reimagined as a vibrant commercial space. Originally constructed in 1900 with a grant from Andrew Carnegie, this iconic building has been thoughtfully converted into a versatile retail space, previously operating as the Carnegie Café, a beloved restaurant and bar since 2003. The building retains its classic Carnegie architectural details, including high ceilings, large windows, and a stately brick exterior, while featuring extensive interior and exterior renovations completed in 2016 and updated in 2024. Currently configured as a retail space, the property has a proven track record as a successful restaurant and bar, with a themed menu and signature drink list inspired by literary classics. Its layout is adaptable for various business concepts, including office space, retail, dining, or event spaces. The main floor spans 1,833 square feet, offering ample room for customer seating, displays, or operations. A full basement (approximately 1,800 SF) provides additional potential for storage, office space, or a possible conversion into a living area. This property is ideal for entrepreneurs, restaurateurs, or retailers seeking a distinctive venue with a story to tell. Whether you envision a boutique shop, a cozy café, or a lively bar, the Carnegie Library is an unique opportunity in a picturesque small-town.

120 N Illinois Street | MLS# 6327054

This commercial property located at 120 N Illinois Street, Lake City, IA 51449 is currently listed for sale with an asking price of $110,000. Search Lake City real estate on sathmer.trophypa.com today.

Property Features

Property Type: Commercial - Business
Fuel Type: Electric
Heating: Ductless
Home Style: Retail
Lot Size: 124'X 44'
Taxes: $2,382
Year Built: 1900

Feature Descriptions

Accessibility Features: Accessible Elevator Installed
Current Use: Retail
Days on Site: 399
Exterior: Brick
Lot Dimensions: 124'X 44'
Parcel #: 863307466001
Parking: On Street
Possible Use: Lounge/Bar, Restaurant
Sewer: City Sewer/Connected
SQFT Building Finished: 1833
Units: 1
Water: City Water - In Street

Listed By / Shown

Listed By

Agency Name: Exit Country Realty
Agency Phone: 515-227-7355

Shown By

Agent Name: Scott Athmer
Agent Phone: (618) 830-6192
Agency Title: Trophy Properties & Auction

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