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2881 Independence RD Iowa City, IA 52240
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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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Bought with Cedar Rapids Area Association of REALTORS