Description
This commercial multi-use building has 5 apartments, three commercial suites and two warehouses with a total of 16,000 square feet on .77 acres of C-2 zoned Arterial Commercial land. Traffic counts on the Coralville Strip are 32,220 cars per day. Tenants include Allegra Printing, Cafe Crema coffee shop and a clothing store. SGI is $154,644, NOI is 95,585 and cap rate is 6.9%. 411 is also offered as a package deal with 517 2nd St in separate listing.
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0BEDS
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0.77ACRES
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0BATHS
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01/2 BATHS
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15,792SQFT
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$87$/SQFT
School Ratings & Info
Description
This commercial multi-use building has 5 apartments, three commercial suites and two warehouses with a total of 16,000 square feet on .77 acres of C-2 zoned Arterial Commercial land. Traffic counts on the Coralville Strip are 32,220 cars per day. Tenants include Allegra Printing, Cafe Crema coffee shop and a clothing store. SGI is $154,644, NOI is 95,585 and cap rate is 6.9%. 411 is also offered as a package deal with 517 2nd St in separate listing.
© 2021 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. Data last updated: 2021-01-26T16:25:42.81