The combined parcels for sale are a total of 1.39 acres m/l, and that’s where the real value is! Zoned C2 and I2, this area is considered the next major area for development on a high traffic street with over 24,000 cars per day. These parcels are bordered by 2nd St to the north and 1st St to the south for good traffic circulation. The addresses associated with this offering are 301 1st St, 302, 302 1/2, 304 and 306 2nd Street. Currently on the property is a commercial building with 8,576 SF of office and warehouse space. The entire building is leased for a year at a time at the rate of $5,409 per month, gross (including taxes, insurance and CAM).

This warehouse is 5,200 feet and it sits on 9,583 SF (0.22 acres m/l) of CI-1 zoned land. It abuts a building and parcel under different ownership at 850 Capital that is on the market for $6,500,000 and the two contiguous parcels could be purchased together representing over a half block of development land in the Riverfront Crossing District. This area is close to downtown and the University of Iowa offering an ideal location for higher density mid-rise multifamily development. More information on the Riverfront Crossings development plan is available on the City of Iowa City website: https://www.icgov.org/government/advanced-components/misc-pages/search?q=riverfront%20crossings. If a buyer elected to buy both sites, they would have the site outlined in red on the cover photo (subject property) as well as the site outlined in blue on the cover photo (850 Capital Street) right at the NEC of Capitol and Benton Streets. The value of this offering is in the land for future development and the pricing compares well with other parcels that have been developed and are under development near this site and in the Riverfront Crossing district.

1.65 acres in a prime LOCATION; just 7 blocks from the Old Capitol building, the core of downtown Iowa City & the center of the University of Iowa campus. It’s priced at $6,500,000; approx $91 per foot for land cost. It is comprised of two lots plus the former CRANDIC Railroad ROW which has been abandoned & included with this site. It is in the Riverfront Crossings District with a form-based zone code allowing appropriate housing densities & parking requirements. There is currently a single-story commercial / office building on this site. The lot and building directly to the north, 804 S. Capitol St, are not included in this offering but is listed for sale & can be added to complete a nice building site. The price of 804 Capitol is $1,000,000. The value of this offering is in the land for future development & the pricing compares well with other parcels that have been developed & are under development near this site & also in the Riverfront Crossing District.

You can own The Celebration Farm, the premier event center in Johnson County, just minutes from Iowa City. Renowned for its stunning rural setting, The Celebration Farm is the perfect place to host unforgettable weddings, corporate gatherings, or seasonal celebrations. Guests can capture special moments against a backdrop of artful and photogenic settings, both indoors and outside, making every photograph a cherished memory. The current business model sets this venue apart by providing the flexibility of choosing your own caterers, alcohol, DJ, photographers, and other services, allowing guests to personalize their event to perfection. The facilities boast two magnificent buildings: the Double Round with 8,304 square feet and the Timber Frame with 4,473 square feet as well as an outdoor Amphitheater overlooking the trees and pond. Everything you need, from prep kitchens and seating arrangements to private rooms and décor is included. All on 6.62 acres of gorgeous land. A third building houses the Geothermal equipment, 22,000 gallon water storage tank and fire suppression equipment.

Welcome to an office suite designed to not just meet, but exceed your expectations. Every detail, from the lighting to the state-of-the-art sound system, has been meticulously crafted to set you apart. Imagine the luxury of beautiful built-ins throughout the space. Floor-to-ceiling glass walls provide a sleek divide, creating seamless transitions between the open workspace, conference room, and private office. Plus, enjoy the convenience of a private restroom. Bathe in natural sunlight with large, south-facing windows that brighten the mood and space. And when location matters, you’re just a stone’s throw away from UIHC, making this the perfect spot for your business ambitions.

This quaint 2 bedroom 1 bathroom home on a corner lot has always rented well. Beautiful hardwood floors throughout, cute eat in kitchen, dry basement and single car garage are points to note. Current tenant’s lease is through July 2025. 48 hour notice is required for all showings.

5,060 square foot second floor class A office space with 15 offices, kitchen, reception, two ADA bathrooms and storage. The improvements have just been completed and look great. There are great windows with views from this suite near The Highlander Hotel off North Dodge. It is near the I-80 and N. Dodge interchange for easy access with elevator access and plenty of off-street parking. The suite is a business condo and is for sale or for lease. Vacant and available immediately. Base rent is $16.50 PSF plus $6.72 in NNN charges for a total monthly rent of $9,791.10.

5,060 square foot second floor class A office space with 15 offices, kitchen, reception, two ADA bathrooms and storage. The improvements have just been completed and look great. There are great windows with views from this suite near The Highlander Hotel off North Dodge. It is near the I-80 and N. Dodge interchange for easy access with elevator access and plenty of off-street parking. The suite is a business condo and is for sale or for lease. Vacant and available immediately.

This is a 100-unit cooperative project with all units leased out. 66 are one bedroom with 575 SF and 34 are two bedroom with 800 SF. The building is a quadrangle style with grassy area in the middle. Annual income is $966,180, expenses are 50% at $483,083 and NOI is $483,097 giving a 6.6% CAP Rate. There are separate laundry rooms for extra income and two basement areas with storage units for the tenants. The parcel is 3.765 acres and has approximately 100 parking spaces and bus service nearby. Close to banking, shopping, schools and parks. It is also directly across Arthur street from the new Johnson County Neighborhood Center, a daycare and community center that will offer classrooms, computer lab, bikes for loan, playground and a center for community activities. Also, as a cooperative property, each unit could be sold individually.

Parkside Hills provides an amazing opportunity to put your business in front of 39,000 cars per day on I80. Lot 2 is 1.06 acres and zoned PUD, making it a great retail location. It sits beside a soon to be strip center and flanked by a potential hotel. Residential units are going up at a high rate of speed providing an instant customer base. Additional businesses surrounding the on and off ramps to I80 include a BP gas station, Subway, Casey’s, McDonalds and Kum & Go. Bring your ideas to the current owner, he welcomes your creativity!