1104 S Gilbert St, Iowa City, IA 52240
1104 S Gilbert St, Iowa City, IA 52240
1104 S Gilbert St, Iowa City, IA 52240
18
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$1,975,000
Est. payment /mo
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14,879 SqFt
Active

1104 S Gilbert St Iowa City, IA 52240

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Tim Scherbring

Tim Scherbring

+1(319) 361-5111

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 14,879 sqft

Price per Sqft $132

MLS Listing ID 2603468

HOA Y/N No

Total Fin. Sqft 14879

Year Built 1950

Annual Tax Amount $16,206

Lot Size 0.770 Acres

Acres 0.77

Property Sub-Type Office

Property Description

Exceptional development opportunity in the heart of Iowa City! This high-visibility commercial property includes three commercial parcels and offers endless potential for investors, developers, or owner-occupants seeking a prime location and excellent accessibility. The property features fully leased multi-family units with month-to-month leases, with future flexibility for redevelopment or repositioning. Current commercial tenants include Old Screen Printers, Summer of the Arts, and Drip Couture, with the Coin Shop space scheduled to be vacated in July. Just minutes from the University of Iowa campus, this property benefits from steady pedestrian and vehicle traffic, outstanding visibility, and close proximity to shopping, dining, and public transportation. Ample parking and flexible commercial space make this an ideal setting for retail, mixed-use redevelopment, office, restaurant, or investment purposes.

Location

State IA

County Johnson

Area Iowa City/Coralville

Zoning C

Interior

Interior Features InteriorFeatures

Heating Gas, Steam

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Concrete

Inclusions Building, Land

Fireplace No

Exterior

Utilities Available Electricity Available, Natural Gas Available

Water Access Desc Public

Roof Type Asphalt,Metal,Shingle

Building

Sewer Public Sewer

Water Public

Structure Type Block,Frame,Concrete

Others

Tax ID 1015305002-1015305004

Virtual Tour https://www.propertypanorama.com/instaview/cdr/2603468

Listed by LEPIC-KROEGER, REALTORS

NEARBY SCHOOL & BUSINESS

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Tim Scherbring

Tim Scherbring

Broker Associate | License ID: 61218000

+1(319) 361-5111

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1104 S Gilbert St