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.

Listing ID #202401220

Commercial For Sale

1204 S Gilbert St, Unit and 1210, Iowa City, Iowa 52240

$2,704,000
Beds0
Square Feet0
Construction Year1973
Lot Size0.96 Acre
Country : US
State : IA
County : Johnson
City : Iowa City
Zipcode : 52240
Baths0
Status CategoryActive
Agent info
Jeff Edberg
Lepic-Kroeger, REALTORS
Mortgage Calculator
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Features
202401220
Commercial
0 Sqft
1973
Cash
Negotiable
See Remarks
Just north of the Gilbert St & Hwy 6 intersection. Across the street from Big Grove.
Additional Details
0.96 Acre
Central A/c
Forced Air Gas
Other
2024-03-01 21:10:19
140x300

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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