Remarks

Historic mixed use building in Iowa City's Northside Neighborhood. The first floor commercial space is currently setup as a beautiful restaurant space, the second and third floors house 20 dorm style rooms and 2 - 2 bedroom apartments. The owner pays the water, gas and electric on the house meter for the residential and commercial tenants. The residential units are leased at 100% occupancy until end of July, 2025 and 45% capacity until end of July 2026. Commercial space is open for business opportunity.

Details

MLS#: 202405901
Price: $1,750,000

Style: Commercial
Year Built: 1890

County: Johnson
Lot Size: 50x80x50x80
Tax Fee: 33576