Commercial Sale
- Highway 1 W, Iowa City, Iowa 52246
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Description

This unique commercial property offers exceptional flexibility for a variety of business needs. One side features two large bays measuring approximately 85’ deep by 60’ wide, along with a small wash bay/storage area. Separating the space is approximately 2,700 sq ft of office area, leading to the opposite side which includes three individual bays—two equipped with their own bathrooms. The building is serviced by 3-phase electric, making it ideal for a range of commercial or light industrial uses. Above the office space are four units—two 2-bedroom and two 1-bedroom—currently utilized as offices but easily converted back to apartments for additional income potential. The layout allows an owner to operate their business in one portion while leasing out the remaining space. Added outdoor parking and storage space provide a rare advantage not commonly found in commercial condo settings. A versatile property with multiple income streams and room to grow—opportunities like this don’t come around often.

Property Description

This unique commercial property offers exceptional flexibility for a variety of business needs. One side features two large bays measuring approximately 85’ deep by 60’ wide, along with a small wash bay/storage area. Separating the space is approximately 2,700 sq ft of office area, leading to the opposite side which includes three individual bays—two equipped with their own bathrooms. The building is serviced by 3-phase electric, making it ideal for a range of commercial or light industrial uses. Above the office space are four units—two 2-bedroom and two 1-bedroom—currently utilized as offices but easily converted back to apartments for additional income potential. The layout allows an owner to operate their business in one portion while leasing out the remaining space. Added outdoor parking and storage space provide a rare advantage not commonly found in commercial condo settings. A versatile property with multiple income streams and room to grow—opportunities like this don’t come around often.

Basic Details
Property Type:
Commercial
Listing Type:
Sale
Listing ID:
202602335
Price:
$1,599,000
Lot Size:
0.99 Acre
Country:
US
State:
IA
County:
Johnson
City:
Iowa City
Zipcode:
52246
Features
Heating:
Natural Gas, Forced Air
Cooling System:
Central Air, Zoned
Roof:
Metal
Construction:
Steel Or Metal
Address Map
Street Number:
615
Street:
Highway 1 W
Floor Number:
0
Longitude:
W92° 27' 9.7''
Latitude:
N41° 38' 45.7''
More Information
Office Name:
Lepic-Kroeger, REALTORS
Directions:
Please use navigation device
Zoning:
commercial
Lot Dimensions:
200 x 176
LA1Agent Logon Name:
i2748
LA1Agent First Name:
Russell
LA1Agent Last Name:
Yoder
LO1Main Office ID:
ILKR
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Russell Yoder
Lepic-Kroeger, REALTORS
Additional Details
Central Air, Zoned
Steel Or Metal
04/08/2026
Please use navigation device
200 x 176