Address
1104 S Gilbert St, Iowa City, IA
Price
$ 1,975,000
Property Attributes
- MLS#2603468
- TypeSingle Family
- Listing Status Active
- CountyJohnson
- CityIowa City
- AreaIowa City/Coralville
- Zip52240
- Style
- Year Built1950
- Taxes$ 16206
- Price$ 1,975,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage14879
- Lot Size0.77 Acres
Data Source:
Cedar Rapids Area Association of REALTORS®
Property Description
Exceptional development opportunity in the heart of Iowa City! This high-visibility commercial property includes three commercial parcels and offers endless potential for investors, developers, or owner-occupants seeking a prime location and excellent accessibility. The property features fully leased multi-family units with month-to-month leases, with future flexibility for redevelopment or repositioning. Current commercial tenants include Old Screen Printers, Summer of the Arts, and Drip Couture, with the Coin Shop space scheduled to be vacated in July. Just minutes from the University of Iowa campus, this property benefits from steady pedestrian and vehicle traffic, outstanding visibility, and close proximity to shopping, dining, and public transportation. Ample parking and flexible commercial space make this an ideal setting for retail, mixed-use redevelopment, office, restaurant, or investment purposes.
| Price History | |
|---|---|
| 5/15/2026 | Listed $1,975,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Utilities | ElectricityAvailable,NaturalGasAvailable |
| Property Subtype | Office |
| County | Johnson |
| Property Type | CommercialSale |
| HOA | false |
| Status | Active |
| Directions | East side of Gilbert St, N of HWY 6, S of Kirkwood |
| ModificationTimestamp | 2026-05-15T22:00:30.373-00:00 |
| City | Iowa City |
| Zoning Description | C |
| MLS Area | Iowa City/Coralville |
| Lot Size Units | Acres |
| Tax Annual Amount | 16206 |
| Lease Considered Y/N | false |
| Standard Status | Active |
| Property Sub Type Additional | Office,Retail,Investment |
| PostalCity | Iowa City |
| Legal Description | COOK SARGENT & DOWNEY ADDITION LOTS 2-5 BLK 4 |
| Virtual Tour | https://www.propertypanorama.com/instaview/cdr/2603468 |
| Heating | Gas,Steam |
| Cooling | CentralAir,WallWindowUnits |
| Roof | Asphalt,Metal,Shingle |
| Zoning | C |
| Year Built | 1950 |
| Construction Materials | Block,Frame,Concrete |
Interior Features
| Basement (Y/N) | false |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Flooring | Carpet,Concrete |
Exterior Features
| Water Source | Public |
|---|---|
| Lot Size Area | 0.77 |
| Lot Dimensions | 240 x 140 |
| Lot Size Acres | 0.77 |
| Inclusions | Building,Land |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 52240
Price
Taxes
Year Built
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
