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Rare opportunity to own both a successful restaurant business and the real estate in one of Coralville's premier commercial destinations. Offered at $1,800,000, this package includes the established Konomi Japanese Restaurant along with the approximately 5,150-square-foot commercial condominium located in the highly sought-after Iowa River Landing. The restaurant features a beautifully finished dining room, sushi bar, hibachi tables, full commercial kitchen, bar, and quality furniture, fixtures, and equipment (FF&E), providing a true turnkey opportunity for an owner/operator or investor. Konomi has established a strong reputation and loyal customer base, making this an exceptional opportunity to step into an operating business while benefiting from ownership of the underlying real estate. Situated in a high-traffic mixed-use district surrounded by retail, restaurants, hotels, offices, entertainment, and residential developments, the property offers outstanding visibility, convenient access, and ample parking. Whether you continue operating the existing concept or introduce your own, this property offers tremendous long-term investment potential in one of the Corridor's most desirable commercial locations.
| DAYS ON MARKET | 35 | LAST UPDATED | 7/27/2026 |
|---|---|---|---|
| YEAR BUILT | 2006 | COMMUNITY | Coralville |
| COUNTY | Johnson | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Coralville |
| CONSTRUCTION | Block, Brick |
| HEAT | Forced Air, Natural Gas |
| LOT DIMENSIONS | Condo |
| TAXES | 29178 |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Tina Frantz, Ambrose & Associates, REALTORS
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