Sale Price $2,400,000 - MLS: 202504097
This site has potential for a new development or to keep the 3 office buildings and use as is. There is 17,427 SF of office on a 2.67 acre lot. The asking price is 2,400,000, which is only $137 psf; significantly below the replacement value. The 2.67 acre lot can also be re-zoned and redeveloped into a multi-family development with up to 100 units. The office building can also be leased. There are 3 suites for lease; suite 1 has 5,833 SF, suite 2 has 7,191 SF, and suite 3 has 4,400 SF. Each office suite has numerous offices, restrooms, conference rooms, kitchenettes, reception area, and cubicles. The suites can be leased @ $20 psf . The lease is is a full service lease; which includes taxes, insurance, CAM, and utilities. Call agent for details.
MLS #: 202504097
Sale Price: $2,400,000
Year Built: 1991
Sq Ft: 17427.0
Business: Office Building
Construction: Brick, Frame
Floor Type: Concrete Slab Grade, Carpet
Financing:
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, City Water
Acreage: 2.67
Lot: 2.67
Frontage: County Road
Energy Generation:
Heat/Cooling: Electric, Natural Gas, Central, Central Air
Information deemed reliable but not guaranteed
 | Edge Realty Group 319-351-3355 |
Listing Office: Skogman Realty Co. - Agent: Mark Lynch - Information furnished by Iowa City Area Association of Realtors