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804 Capitol St

Iowa City, IA 52240
  • $1,000,000
  • STATUS: Active
  • ON SITE: 122 Days
  • MLS #: 202400851
UPDATED: 151 min ago
$1,000,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,200
    SQFT
  • $192
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1940
County:
Area:

School Ratings & Info

Description

This warehouse is 5,200 feet and it sits on 9,583 SF (0.22 acres m/l) of CI-1 zoned land. It abuts a building and parcel under different ownership at 850 Capital that is on the market for $7,000,000 and the two contiguous parcels could be purchased together representing over a half block of development land in the Riverfront Crossing District. This area is close to downtown and the University of Iowa offering an ideal location for higher density mid-rise multifamily development. More information on the Riverfront Crossings development plan is available on the City of Iowa City website: https://www.icgov.org/government/advanced-components/misc-pages/search?q=riverfront%20crossings. If a buyer elected to buy both sites, they would have the site outlined in red on the cover photo (subject property) as well as the site outlined in blue on the cover photo (850 Capital Street) right at the NEC of Capitol and Benton Streets. The value of this offering is in the land for future development and the pricing compares well with other parcels that have been developed and are under development near this site and in the Riverfront Crossing district. Showings will require at least 48 hour notice, no keys have been provided.

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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: 2024-06-16T15:26:11.633
www.gwenjohnson.com/homes/147620277
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804 Capitol St Iowa City, IA 52240

  • Price: $1,000,000
  • Status: Active
  • On Site: 122 Days
  • Updated: 151 min ago
  • MLS #: 202400851
0
Beds
0
Baths
0
½ Baths
0.22
Acres
5,200
SQFT
$192
$/SQFT
1940
Built
Neighborhood:
Iowa City
County:
Johnson
Area:
Iowa City
Property Description
This warehouse is 5,200 feet and it sits on 9,583 SF (0.22 acres m/l) of CI-1 zoned land. It abuts a building and parcel under different ownership at 850 Capital that is on the market for $7,000,000 and the two contiguous parcels could be purchased together representing over a half block of development land in the Riverfront Crossing District. This area is close to downtown and the University of Iowa offering an ideal location for higher density mid-rise multifamily development. More information on the Riverfront Crossings development plan is available on the City of Iowa City website: https://www.icgov.org/government/advanced-components/misc-pages/search?q=riverfront%20crossings. If a buyer elected to buy both sites, they would have the site outlined in red on the cover photo (subject property) as well as the site outlined in blue on the cover photo (850 Capital Street) right at the NEC of Capitol and Benton Streets. The value of this offering is in the land for future development and the pricing compares well with other parcels that have been developed and are under development near this site and in the Riverfront Crossing district. Showings will require at least 48 hour notice, no keys have been provided.
Exterior Features

Construction Materials BlockFrame Lot Size Acre Range LessThanHalfAcre Lot Size Dimensions 90 x 105 Road Frontage Type CountyRoadPaved Roof Other

Interior Features

Bathrooms Total Integer 0 Cooling Other Flooring Other Heating NaturalGasForcedAir

Property Features

Auction Online Bid YN No Business Type WarehouseWholesaleOther Buyer Financing CashConventional Commercial Building Features DeliveryDoor Common Area Maintenance 0 Compensation Remarks 2 Expiration Date 2024-07-15 Green Verification YN No Listing Terms CashConventional Possession Negotiable Property Sub Type Commercial Special Features Other Tax Annual Amount 12760 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: 2024-06-16T15:26:11.633
 
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