One of Iowa City’s most popular business sites is now up for sale. Pearson’s Drug Store and Soda Fountain closed in August, but after selling the business to Hy-Vee, owner Patrick O’Neil held on to the building. The lease gave Hy-Vee the first option to buy the building. The company announced plans to put a liquor store in the building, but reconsidered after strong neighborhood opposition. The West Des Moines-Based supermarket chain now says O’Neil can sell. The building is worth 375-thousand dollars.
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