Description

Vacant business space on main level, plus condo upstairs that is successful on short-term rental sites as additional income. Current bookings for 2026 convey. Excellent location that does especially well during football season for bookings. Seller is open to leasing main level to a business tenant as well. Business space set up as functional and operational cafe. Upstairs is a sun-filled two story townhome with open floor plan & quality finishes, featuring 2 bedrooms, 2.5 baths and private 21×16 rooftop deck overlooking the neighborhood. Kitchen has a center island and plenty of cabinet space. Fabulous Primary suite with dual vanities, separate tub and shower. 2nd floor laundry. Purchase includes the condo and main level business space. Equipment and furniture negotiable. Nearby amenities include park space across street, nearby dog park. Walking trails also cross the river to Coralville business area.

Listing ID #202507239

Commercial Sale

1040 Martin St
Iowa City, Iowa 52245

$449,900
Lot Size0.07 Acre
Country : US
State : IA
County : Johnson
City : Iowa City
Zipcode : 52245
StatusActive
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Listing Agent
Leeann Bluske
Exchange Brokers
Mortgage Calculator
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Features
202507239
Brick
Dubuque St to Foster Rd to Walker Cir to Martin St. Access to property from Walker Circle door.
Additional Details
0.07 Acre
Central Air
Natural Gas
Composition
12-05-2025
Condo

Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.

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