Commercial Sale For Sale
- Sugar Creek Ln, North Liberty, Iowa 52317
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Description

Fully Leased Mixed-Use Investment | 13 Units | Prime Location Outstanding opportunity to acquire a turnkey mixed-use investment property offering a diversified income stream and 100% occupancy. This well-positioned asset features 4 street-level commercial units and 9 residential apartments, including 8 second-floor units and 1 ADA-compliant first-floor unit. The commercial spaces are leased to long-term tenants with solid operating histories, ensuring dependable cash flow. The residential units are fully leased and well-maintained, with strong rental demand and minimal vacancy history. Investment Highlights: • 13 total units (4 commercial / 9 residential) • Fully occupied – immediate, reliable income • 8 residential units upstairs, 1 ADA unit on main level • High-traffic area with strong visibility and access • Professional management in place • Diverse tenant mix reduces risk exposure • Excellent 1031 exchange candidate Detailed financials and rent roll available upon request.

Property Description

Fully Leased Mixed-Use Investment | 13 Units | Prime Location Outstanding opportunity to acquire a turnkey mixed-use investment property offering a diversified income stream and 100% occupancy. This well-positioned asset features 4 street-level commercial units and 9 residential apartments, including 8 second-floor units and 1 ADA-compliant first-floor unit. The commercial spaces are leased to long-term tenants with solid operating histories, ensuring dependable cash flow. The residential units are fully leased and well-maintained, with strong rental demand and minimal vacancy history. Investment Highlights: • 13 total units (4 commercial / 9 residential) • Fully occupied – immediate, reliable income • 8 residential units upstairs, 1 ADA unit on main level • High-traffic area with strong visibility and access • Professional management in place • Diverse tenant mix reduces risk exposure • Excellent 1031 exchange candidate Detailed financials and rent roll available upon request.

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
202502890
Price:
$2,200,000
Lot Size:
0.68 Acre
Country:
US
State:
IA
County:
Johnson
City:
North Liberty
Zipcode:
52317
Status Category:
Active
Features
Heating:
Natural Gas
Cooling System:
Central Air
Roof:
Metal
Construction:
Brick
Interior:
Zero Step Entry
Address Map
Street Number:
85
Street:
Sugar Creek Ln
Floor Number:
0
Longitude:
W92° 23' 26.1''
Latitude:
N41° 44' 38.4''
More Information
Office Name:
Urban Acres Real Estate
Directions:
Highway 965 to west on Zeller Street, south on Sugar Creek Lane. First building on right.
Zoning:
C - Commercial; M -MR3+
Lot Dimensions:
180 x 165
LA1Agent Logon Name:
i1186
LA1Agent First Name:
Peggy
LA1Agent Last Name:
Slaughter
LO1Main Office ID:
IUAR
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Additional Details
Central Air
Brick
Zero Step Entry
05/01/2025
Highway 965 to west on Zeller Street, south on Sugar Creek Lane. First building on right.
180 x 165