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203 5th St Kalona, IA 52247 • Commercial - Business • Active

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Description

Step into a rare opportunity to own a beloved piece of Kalona history while carrying forward the legacy of Tuscan Moon, an established, award-winning restaurant with 20+ years of success. Located in the heart of downtown Kalona, a quintessential Midwestern town & popular tourist destination, this distinctive property blends timeless character, proven business appeal, & multiple income opportunities. Tuscan Moon is beloved by locals & has earned a loyal following of out-of-town guests. Honors include the Press-Citizen's Best Fine Dining award & 4 Wine Spectator Magazine awards. Dating to the early 1900s as Kalona's first hotel, the building retains original architectural details including wood floors, exposed brick, & soaring ceilings. The main floor seats 56 & features a casual Bistro with wooden booths & custom walnut bar, plus a main dining room with exposed brick, dramatic staircase, & large windows overlooking 5th Street. Upstairs, the intimate Top of the Moon seats 25 & includes a lounge, bar, & fireplace. A charming patio seats 50 & is ideal for warm-weather dining & live music. A custom wine cellar stores up to 1,000 bottles.

Property Highlights

Property Type: Commercial - Business
Year Built: 1900

General Information

County: Washington
Listed By:
Lepic-Kroeger, REALTORS Jeff Edberg 319-351-8811
ICAAR MLS
$595,000
Est. $4,290/mo
Active
SQUARE FEET4,900 MLS#202605585
STATUSActive PROPERTY TYPECommercial - Business

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Agent Name: Sydney Freeman
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Agency Title: Ruhl&Ruhl Realtors
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203 5th St, Kalona, IA 52247.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $595,000$595,000$595,000
Down Payment $119,000$20,825$148,750
Monthly Mortgage Amount $3,288$3,936$3,918
Taxes $828$828$828
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$262$0
Monthly Estimated Total $4,290$5,200$4,920

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About this area

Iowa/Kalona
Kalona

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Find homes for sale in Kalona, Wellman and Riverside, IA and learn about the local community and real estate market. 

Ruhl&Ruhl offers plenty of real estate options and homes for sale in Kalona, Wellman and Riverside, IA for you to choose from. Continue browsing this page to see all houses for sale in Kalona, Wellman and Riverside and if you need to do a little more research before buying, check out the pages below for additional real estate options:

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Kalona, Wellman and Riverside are located outside of Iowa City. View homes for sale in the Iowa City area for more real estate options.


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Exploring the communities of Kalona, Wellman and Riverside will take you on a trip through time. When you visit the historic village of Kalona, you’ll be transported back into the 1800s. Traveling to Riverside transports you to the year 2233, as it is the birthplace of Captain James T. Kirk from Startrek. All three towns sit along Route 22, which runs parallel to Interstate 80. Wellman, Iowa is the farthest west, Riverside is the furthest east, and Kalona sits in between. No matter which of these small towns you call home, there is a deep sense of community that leads to a high quality of life. Each city is within commuting distance to Iowa City, but still far enough away to escape the “big city feel.”

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/07/2026. The listing information on this page last changed on 10/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 10/07/2026 12:05:43 AM EST) or MRED MLS (last updated Wed 10/07/2026 12:02:22 AM EST) or SCWMLS (last updated Tue 10/06/2026 11:55:25 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 10/06/2026 10:15:19 PM EST) or Cedar Rapids MLS (last updated Tue 10/06/2026 10:44:13 PM EST) or NEIRBR MLS (last updated Tue 10/06/2026 11:58:40 PM EST) or ICAAR MLS (last updated Tue 10/06/2026 11:37:37 PM EST) or ECIMLS (last updated Tue 10/06/2026 11:44:32 PM EST) or RMLSA (last updated Wed 10/07/2026 12:00:55 AM EST) or Muscatine MLS (last updated Wed 10/07/2026 12:00:07 AM EST) or No Coast MLS (last updated Wed 10/07/2026 12:04:22 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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