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Industrial Properties
97 Commercial Drive Iowa City, IA 52246
Details & Description
Price: $439,000
    Reduced with aggressive Seller-bring your offer! Leased investment with long term, quality tenant in place. Current term ends on 12-31-2023 with three 2-year options to renew with CPI adjustments. Building is 6,000 feet with approx. 1,200 feet of office and the balance in warehouse/storage/production. Three doc doors and one OH door. Full HVAC in office space, radiant heat in warehouse area. Above ground gas storage and pump for tenant fleet. 7.1% cap rate investment return.
    Property ID:    201664
    Property URL: melqr.com/201664
    Generated:    01-18-26
    Listing Agents
    Jeff Edberg

    O: 319-248-0509
    M: 319-331-6187
    jeff@icrealestate.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Iowa / Iowa City / 52246 / 97 Commercial Drive

    97 Commercial Drive

    Iowa City, IA 52246

    Listing ID: 201664
    Print Single-Page Version
    97 Commercial Drive Iowa City, IA 52246 | for Sale | Photo 1
    Building Size: 6,000 SF
    Lot Size: 0.440 AC
    Land Size: 19,166 SF
    Building $/SF: $73.17
    Land $/SF: $22.91
    Price
    $439,000
    Description

    Reduced with aggressive Seller-bring your offer! Leased investment with long term, quality tenant in place. Current term ends on 12-31-2023 with three 2-year options to renew with CPI adjustments. Building is 6,000 feet with approx. 1,200 feet of office and the balance in warehouse/storage/production. Three doc doors and one OH door. Full HVAC in office space, radiant heat in warehouse area. Above ground gas storage and pump for tenant fleet. 7.1% cap rate investment return.

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    Iowa City Area Market Trends

    Listing Demographics for 97 Commercial Drive Iowa City, IA 52246

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 97 Commercial Drive in Iowa City?
    The asking price for 97 Commercial Drive is $439,000
    What is the building size of this Industrial property in Iowa City, IA?
    The size of the building/unit at 97 Commercial Drive in Iowa City is 6,000 square feet
    How much land does the Iowa City, IA property at 97 Commercial Drive include?
    97 Commercial Drive in Iowa City includes 0.440 acres of land
    What kind of Industrial is the property at 97 Commercial Drive?
    The property at 97 Commercial Drive Iowa City, IA 52246 is listed as a Flex-Office-Warehouse Industrial property
    What is the population within 1 mile of 97 Commercial Drive in Iowa City?
    The population within 1 mile of 97 Commercial Drive Iowa City, IA 52246 is 3,184 people.
    Who do I contact for questions about 97 Commercial Drive?
    You should contact the listing agent, Jeff Edberg, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Closest Commercial Airports

    Airport Distance (mi) Directions
    The Eastern Iowa Airport (CID) 20
    Quad City International Airport (MLI) 55
    Dubuque Regional Airport (DBQ) 68
    Price
    $439,000
    Listing Agent
    Jeff Edberg - CRE Agent at

    Jeff Edberg

    IC Real Estate

    VIEW AGENT PROFILE

    CONTACT AGENT

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