Iowa City, IA 52240,2881 Independence RD
Iowa City, IA 52240,2881 Independence RD
Iowa City, IA 52240,2881 Independence RD
20
$2,350,000
$2,599,900
9.6%
Est.Price: ?

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24,581 SqFt

2881 Independence RD Iowa City, IA 52240

Est. payment /mo
SOLD DATE : 08/18/2025

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Key Details

Sold Price $2,350,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 24,581 sqft

Price per Sqft $95

MLS Listing ID 2502329

Sold Date 08/18/25

HOA Y/N No

Total Fin. Sqft 24581

Year Built 2013

Annual Tax Amount $89,722

Lot Size 2.570 Acres

Acres 2.57

Property Sub-Type Office

Property Description

*Sale Pending With Contingencies. Premier 2.57-acre commercial property features two high-quality buildings. Impressive 2-story, fully sprinkled office building & a 12,825 SF warehouse. The office building, constructed by Calacci Construction, reflects top-tier craftsmanship. Each floor offers 5,878 SF. The main level is Class A office space, and the upper level is shell ready for your buildout. Additional highlights: basement for mechanicals/storage, geothermal HVAC, membrane roof, elevator shaft, security system, ImOn Fiber internet, Johnson Controls irrigation. Site is fully fenced with automatic gates. Warehouse is divided into 2 sections: 4,275 SF area with racking, two new electric heaters (maintaining temps above 50°), and (3) 14' overhead doors; 8,550 SF area includes in-floor heat, paint booth, floor drains, small office with mezzanine storage, and (4) 14' overhead doors. Built on 8” concrete for heavy-duty use.

Location

State IA

County Johnson

Area Iowa City/Coralville

Zoning I-1

Interior

Interior Features InteriorFeatures

Heating See Remarks, Central, Gas

Cooling See Remarks, Central Air

Flooring Carpet, Concrete

Fireplace No

Exterior

Exterior Feature Sprinkler/Irrigation

Parking Features Off Street

Fence Fenced

Utilities Available Electricity Available, Natural Gas Available

Water Access Desc Public

Roof Type Membrane,Metal

Building

Building Description Pre-Cast Concrete,Steel, Multi-Tenant,Overhead Doors,Private Restrooms,Pole Sign,Single-Tenant

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Pre-Cast Concrete,Steel

Others

Tax ID 0919354009

Security Features Security System,Security Lights

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

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Listed by GLD COMMERCIAL
Bought with Cedar Rapids Area Association of REALTORS

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agent

Tim Scherbring

Broker Associate | License ID: 61218000

+1(319) 361-5111

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