525 S Gilbert St, IowaCity, IA 52240

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.