1104 Gilbert St, Iowa City, IA 52240
MLS Number: 2603468 |
Subtype: Commercial | Area: Iowa City/Coralville
$
1,975,000
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.
Property
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County: Johnson
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Lot Size: 240 x 140
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Acres: 0.7700
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Year Built: 1950
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Zoning: C
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Gross tax: $16,206.00
Building
Total Building SF: 14,879
Utilities
Utilities: Electricity Available, Natural Gas Available
Heating/Cooling: Gas Heat, Steam Heat, Central Air, Wall/Window Unit(s)
Water Source: City Water
Sewer: City Sewer
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