Active

1204 S Gilbert St Unit: and 1210

Iowa City IA, 52240

$2,704,000


Active

Commercial

Built in 1973

These 2 buildings sit on almost an acre of land giving a developer an amazing opportunity (0.96 acres m/l). Just south of downtown Iowa City and the University of Iowa & directly across the street from Big Grove Brewery, a popular dining & entertainment center; and in the Riverfront Crossing District. S Gilbert St has many newer constructed buildings lending to an attractive streetscape. 1210 Gilbert has a 10,400 SF building on 0.72 acres m/l. 1210 Gilbert is available separately as well. All specific rents and proforma can be found there. 1204 Gilbert has a 2,890 SF building on 0.25 acres m/l. 1204 Gilbert has a single tenant who recently extended their lease to 12-31-2028 at $3,000 per month NNN. This will be the final extension of this lease.

202401220

MLS ID

March 1, 2024

Listed

May 9, 2024

Updated

Map

1204 S Gilbert St Unit: and 1210
Iowa City IA, 52240

Interior Features

Floor Description

Concrete Slab Grade


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Natural Gas, Forced Air

Exterior/Building Features

Lot Size

0.31 Acres


Roof

Other

Other Property Details

Taxes

$37,698


Tax Frequency

Annually


Garage

No


View

No


County

Johnson


Pool

No


Zoning

CI-1

 

Courtesy of Lepic-Kroeger, REALTORS, ,
Listing Contact: 319-331-6187 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Jill Armstrong Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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