Remarks

These 2 buildings sit on almost an acre of land giving a developer an amazing opportunity (0.96 acres m/l). Just south of downtown Iowa City and the University of Iowa & directly across the street from Big Grove Brewery, a popular dining & entertainment center; and in the Riverfront Crossing District. S Gilbert St has many newer constructed buildings lending to an attractive streetscape. 1210 Gilbert has a 10,400 SF building on 0.72 acres m/l. 1210 Gilbert is available separately as well. All specific rents and proforma can be found there. 1204 Gilbert has a 2,890 SF building on 0.25 acres m/l. 1204 Gilbert has a single tenant who recently extended their lease to 12-31-2028 at $3,000 per month NNN. This will be the final extension of this lease.

Details

MLS#: 202401220
Price: $2,704,000

Style: Commercial
Year Built: 1973

County: Johnson
Lot Size: 140x300
Tax Fee: 37698