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
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