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Ernest Abell

ernieabell.realty@hotmail.com +1(641) 414-3893

Listed by Emily Melody Exit Country Realty

$ 85,000

Est. payment | -/mo

Save

$ 85,000

Est. payment | -/mo

Save

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID NOC6327054

Style Retail

Year Built 1900

Annual Tax Amount $2,382

Tax Year 2025

Lot Dimensions 124'X 44'

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.

Location

State IA

County Calhoun

Direction From Hwy 175 turn North onto Illinois St. Go 1 block it is sit

Interior

Heating Ductless

Exterior

Parking Features On Street

Utilities Available None

View Y/N true

Accessibility Accessible Elevator Installed

Building

Sewer City Sewer/Connected

Water City Water - In Street

Architectural Style Retail

Structure Type Brick

Schools

School District 6091 - South Central Calhoun

Others

Energy Description Electric

Acceptable Financing NOC6327054

Listing Terms NOC6327054

Schools and Properties Nearby

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+1(641) 414-3893

ernieabell.realty@hotmail.com

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120 N Illinois ST Lake City, IA 51449