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.

Features
: Ductless
: City Sewer/Connected
Construction
Retail
Other
On Street
$2,382
None
$0
$0
Listing Office Info
6327054
28067
Exit Realty Frontier
saleswithemily@gmail.com
226157
Location
120
Street
Illinois
US
IA
Calhoun
Lake City
51449
W95° 16' 3.6''
N42° 16' 5.4''
863307466001
N
From Hwy 175 turn North onto Illinois St. Go 1 block it is sit

Commercial Sale For Sale

120 Illinois Street, Lake City, Iowa 51449

Visits : 43 in 297 days
$115,000
Listing ID #6327054
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Price : $115,000
Status : Active
Days On Market : 86
Year Built : 1900
Agent info
Matt Karjalahti
RE/MAX Partners Realty
932 Main St., Grinnell, IA 50012
Contact Agent

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