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.
518 Bowery St Iowa City, IA 52240
For Sale
518 Bowery St
Iowa City, IA 52240
Price: $300,000
Type:
Commercial Sale
Commercial
Sqft: 702
Agent:
Mark Lynch
Agent Phone: 319-331-0409
Agent Email: marklynch@skogman.com
Broker:
Skogman Realty Co.
Broker Phone: 319-625-6427
