Description

A tenant occupied investment property close to downtown Iowa City. This investment property is a 7.50% cap rate with a tenant in place that generates income, APOD attached. The rent rate is $40 PSF gross or $2,350/month. Lease is good until 11/30/2027. 2 parking spaces at the rear of the building.

Listing ID #202306254

Commercial Sale For Sale

518 Bowery St, IowaCity, Iowa 52240

$300,000
Square Feet0
Construction Year1890
Lot Size0.03 Acre
Country : US
State : IA
County : Johnson
City : IowaCity
Zipcode : 52240
Status CategoryActive
Agent info
Mark Lynch
Skogman Realty Co.
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Features
202306254
Commercial Sale
0 Sqft
1890
Other
From Gilbert St turn east onto Bowery St. There is parking at the rear of the building.
Additional Details
0.03 Acre
Central Air
Natural Gas
Other
12-08-2023
.03

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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