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JJ Johannes

jj@thejohannesgroup.com +1(319) 540-1002

$ 1,050,000

Est. payment | -/mo

5,434 Sqft Lot

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$ 1,050,000

Est. payment | -/mo

Save

5,434 Sqft Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202603475

Year Built 2007

Annual Tax Amount $38,494

Tax Year 2024

Lot Size 5,434 Sqft

Lot Dimensions Irregular

Property Sub-Type Commercial

Property Description

Eastside office suites at Olde Towne Village with high visibility from Rochester Ave/Herbert Hoover Hwy. This offering is a combination of two attractive & well maintained suites. The top floor suite of 3855 SF plus 1579 SF on the 1st floor suite. The building has a common entry & is elevator served. Top floor has 11 private windowed offices, kitchenette, large conference room, waiting area, reception & 3 ADA bathrooms. The first floor has 4 large private windowed offices, reception & 2 ADA bathrooms. Built in 2007 & in very good condition. There are 50 off-street parking spaces serving this building which has a total of 7,710 square feet. There is a 1st floor unit owned by James Investment Group that is not part of this offering. If leased at a conservative market rent of $12 NNN, the CAP rate is over 11%, although it is ideal for an owner user.

Location

State IA

County Johnson

Zoning CC2

Direction West bound on Herbert Hoover Hwy from Scott Blvd, right on Eastbury Dr, quick left on Westbury Dr.

Interior

Interior Features Elevator, Zero Step Entry

Heating Natural Gas, Forced Air

Cooling Central Air

Flooring Carpet, Ceramic Tile

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Underground Utilities, City Water

Roof Type Other

Building

Lot Size Range Half To One Acre

Structure Type Brick,Frame

Others

Tax ID 0907235010-0907235011

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by Lepic-Kroeger, REALTORS

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(319) 540-1002

jj@thejohannesgroup.com

673 Westbury Dr #Ste 102 & 201 Iowa City, IA 52245

JJ Johannes

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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673 Westbury Dr #Ste 102 & 201