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1204 S Gilbert St , And 1210

Iowa City, IA 52240
  • $2,704,000
  • STATUS: Active
  • ON SITE: 137 Days
  • MLS #: 202401220
$2,704,000
  • 0
    BEDS
  • 0.96
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1973
County:
Area:

School Ratings & Info

Description

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.

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© 2024 Iowa City Area Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team | Skogman Realty. Data last updated: 2024-07-17T00:26:02.997
www.gwenjohnson.com/homes/148199165
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1204 S Gilbert St , And 1210 Iowa City, IA 52240

  • Price: $2,704,000
  • Status: Active
  • On Site: 137 Days
  • MLS #: 202401220
0
Beds
0
Baths
0
½ Baths
0.96
Acres
1973
Built
Neighborhood:
Iowa City
County:
Johnson
Area:
Iowa City
Property Description
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.
Exterior Features

Construction Materials BlockFrame Lot Size Acre Range LessThanHalfAcre Lot Size Dimensions 140x300 Road Frontage Type CountyRoadPaved Roof Other

Interior Features

Bathrooms Total Integer 0 Cooling CentralAir Flooring ConcreteSlabGrade Heating NaturalGasForcedAir

Property Features

Auction Online Bid YN No Business Type Retail Buyer Financing Cash Commercial Building Features DisplayWindow Common Area Maintenance 0 Compensation Remarks 3 Expiration Date 2024-08-20 Green Verification YN No Listing Terms Cash Possession Negotiable Property Sub Type Commercial Special Features Other Tax Annual Amount 37698 Tax Year 2022 Utilities CableAvailableElectricityAvailableNaturalGasAvailableSewerAvailablePhoneAvailableCityWater Zoning CI-1

Listing information © 2024 Iowa City Area Association of Realtors.
Listing provided courtesy of Jeff Edberg of Lepic-Kroeger, REALTORS: 319-351-8811.



© 2024 Iowa City Area Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team | Skogman Realty. Data last updated: 2024-07-17T00:26:02.997
 
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