510 E Burlington, Iowa City, IA 52240
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$ 875,000
Est. payment | /mo

5,184 Sqft Lot


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$ 875,000
Est. payment | /mo
Save

5,184 Sqft Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202603607

Year Built 1971

Annual Tax Amount $14,956

Tax Year 2024

Lot Size 5,184 Sqft

Property Sub-Type Commercial

Property Description

Prime location on one of the most traveled streets in Iowa City. Two commercial spaces roughly 864 sq. ft. each on the street level and 4 two bedroom, two bath apartments at 864 sq. ft. each on the top side. 8 dedicated parking spaces for the apartments, 3 parking spaces for the commercial units and 6 additional parking spaces that can be rented to the surrounding residents or commercial customers in the area for additional income. Tenants rights require a 24 hour notice to show the apartments.

Location

State IA

County Johnson

Zoning C53

Direction Burlington St

Interior

Heating Natural Gas, Forced Air

Cooling Central Air, Whole House Fan

Flooring Carpet, Vinyl

Exterior

Utilities Available Electricity Available, Sewer Available, Phone Available, City Water

Roof Type Other

Building

Lot Size Range Less Than Half Acre

Structure Type Brick,Front Or Other

Others

Tax ID 10100457011

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Edge Realty Group

NEARBY SCHOOLS & PROPERTIES

JJ Johannes

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

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510 E Burlington