Description

Well-located small NNN in Iowa City’s established commercial and service corridor, with easy access and good visibility off Orchard Street. Priced at $235,000 reflecting a 7.14% cap rate on current income. Current NNN lease runs through March 2027 with a renewal option in place. Depending on how the tenancy plays out, this could work well for a service-oriented business or investor looking for a functional building in a proven Iowa City location. Building lends itself well to auto repair, light service, or similar uses. The building next door at 121 W Benton St is also available for sale. Brochure coming soon.

Listing ID #202605068

Commercial Sale

824 Orchard Street
Iowa City, Iowa 52246

$235,000
Lot Size0.35 Acre
Country : US
State : IA
County : Johnson
City : Iowa City
Zipcode : 52246
StatusActive
Listing Agent
Mark Lynch
Skogman Realty Co.
Mortgage Calculator
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Features

202605068
Block
Located between W Benton Street and S Riverside Drive/Highway 6 in Iowa City
Additional Details
0.35 Acre
Central Air, Office Area Only
Natural Gas
Composition
08-17-2026
Irregular

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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