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    Iowa City, IA

    Iowa City, IA Commercial Real Estate for Sale

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    Two-Level Office Suite with Atrium
    Updated: Apr 22
    Two-Level Office Suite with Atrium

    2834 NORTHGATE DR, Iowa City, IA 52245

    $2,500,000
    17,967 sqft
    Total office suite size of 17,967 SF across two levels with open plan work areas, cubies, and offices
    First floor about 12,000 SF plus walk‑out lower level about 6,000 SF, with both levels ADA accessible
    Two ADA‑compliant bathrooms on each floor for a total of four ADA‑compliant bathrooms
    Central atrium plus an east‑facing patio
    85 parking places, with county road paved frontage
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    This listing looks promising.

    Here's a quick look at some key insights for

    2834 NORTHGATE DR, Iowa City, IA 52245

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    • Est. Cap Rate

      8.3%
      Above avg (5.9%)

    • Est. NOI

      $206K
      Annual

    • Price @ 7% Cap

      $2.95M
      Above asking

    • Property Type

      Commercial (General)
      Built 1996
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    Class A Office Building with Underground Parking
    Updated: Jul 13
    Class A Office Building with Underground Parking

    Iowa City, IA 52246

    $4,750,000
    1.45 AC lot
    28,545 SF class A office building with 25,246 SF leased space
    1.45‑acre lot zoned CO1
    Two surface parking lots plus underground parking
    Fully elevator served from the lower level garage to the second floor
    Year built 1996 with brick and frame construction and a metal roof
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    Mixed-Use Development Opportunity with Three Parcels
    Mixed-Use Development Opportunity with Three Parcels

    Iowa City, IA 52240

    $1,975,000
    0.77 AC lot

    Mixed-use property on 0.77 acres with three parcels, fully leased residential units on month-to-month terms, and active commercial space.

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    ADA-Accessible Office Suite with Atrium
    ADA-Accessible Office Suite with Atrium

    Iowa City, IA 52245

    $2,500,000
    1.98 AC lot

    Flexible office configuration with ADA access, atrium, and patio, plus 85 parking spaces.

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    Heated Automotive Shop with Pull-Through
    Heated Automotive Shop with Pull-Through

    1208 Gilbert Ct, Iowa City, IA 52240

    $700,000
    7,000 sqft

    Heated shop space with pull-through access, oversized overhead doors on both ends, and two garage bays plus an in-place bathroom.

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    NNN Retail Property with Long-Term Tenants
    NNN Retail Property with Long-Term Tenants

    Iowa City, IA 52240

    $4,995,000
    2.57 AC lot

    Zoned CC2 and occupied by long-term tenants, including an 8,086 SF Advanced Auto Parts suite.

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    Elevator-Served Office Suites
    Elevator-Served Office Suites

    Iowa City, IA 52245

    $1,050,000
    0.12 AC lot

    Elevator-served office suites in CC2 zoning with a total of 50 off-street parking spaces.

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    Office Suite with Abundant Windows
    Office Suite with Abundant Windows

    Iowa City, IA 52245

    $1,000,000
    0.12 AC lot

    Blank-slate office suite in CH1 zoning with central air, forced-air heat, and elevator access in a 2016 brick-frame building.

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    Downtown Executive Office Suites
    Downtown Executive Office Suites

    332 S Linn St, Iowa City, IA 52240

    $1,100,000
    4,139 sqft

    Executive office suites with shared lobby, kitchenette, and bathrooms, plus deeded parking included with the unit.

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    Flex Office-Bay Building
    Flex Office-Bay Building

    Iowa City, IA 52246

    $1,599,000
    0.99 AC lot

    Industrial-style bays plus office space and four upstairs units, supported by 3-phase electric and on-site parking.

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    Flex Building with Office and Shop
    Flex Building with Office and Shop

    Iowa City, IA 52240

    $355,000
    0.55 AC lot

    Front office with large windows plus heated shop space with multiple overhead doors and outdoor storage on a parking-heavy lot.

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    Medical Office Suite for Buildout
    Medical Office Suite for Buildout

    2545 N Dodge St, Iowa City, IA 52245

    $1,000,000
    5,060 sqft

    A flexible medical office suite with abundant windows, finished restrooms, and space already configured for two areas.

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    Large Office Suite with Private Offices
    Large Office Suite with Private Offices

    Iowa City, IA 52240

    $371,520
    0.07 AC lot

    Office suite with 14 private offices, enclosed reception, kitchenette, and multiple flexible areas in Eastdale Plaza.

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    Elevator-Served Office Condo
    Elevator-Served Office Condo

    Iowa City, IA 52240

    $825,000
    0.09 AC lot

    Elevator-served downtown office condo with central air, forced-air heating, and corner daylight exposure.

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    Flex Building with Multiple Bays
    Flex Building with Multiple Bays

    615 Highway 1 W, Iowa City, IA 52246

    $1,599,000
    18,390 sqft

    Flex/industrial building features large vehicle bays, office area, and separate bays with bathrooms.

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    Mixed-Use Development Land Parcel
    Mixed-Use Development Land Parcel

    Iowa City, IA 52246

    $1,000,000
    7.20 AC lot

    7.2-acre parcel with MU zoning, city utilities, and strong roadway traffic counts along Camp Cardinal Blvd.

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    Commercial Development Land with Utilities
    Commercial Development Land with Utilities

    Iowa City, IA 52240

    $2,500,000
    4.86 AC lot

    Level commercial parcel with strong highway visibility and utilities available for CI1 uses.

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    Brick Office and Attached Warehouse
    Brick Office and Attached Warehouse

    408 Highland Ct, Iowa City, IA 52240

    $1,200,000
    8,420 sqft

    Brick office building with an attached warehouse featuring an oversized garage door, multiple restrooms, and a break room.

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    Mixed-Use Development Land Site
    Mixed-Use Development Land Site

    Iowa City, IA 52240

    $1,700,000
    0.55 AC lot

    Development land with a CI1 RFC framework that supports dense, mixed-use projects with ground-floor commercial space.

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    Flexible Office Building
    Flexible Office Building

    1916 Waterfront Dr, Iowa City, IA 52240

    $1,100,000
    13,010 sqft

    Distinctive office layout with abundant open areas and parking, with updates needed to realize its full potential.

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    Commercial Land Development Site
    Commercial Land Development Site

    Iowa City, IA 52240

    $1,800,000
    0.58 AC lot

    Riverfront Crossing District site with existing improvements and redevelopment flexibility for ground-floor retail and upper housing.

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    Executive Office Suites
    Executive Office Suites

    Iowa City, IA 52240

    $1,100,000
    0.10 AC lot

    Downtown Iowa City office suites with a shared lobby, kitchenette, and bathrooms, plus central air and deeded parking.

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    Office Suite with Multiple Entrances
    Office Suite with Multiple Entrances

    1700 S 1st Ave, Iowa City, IA 52240

    $371,520
    3,096 sqft

    Office suite includes 14 private offices, enclosed reception, kitchenette, and multiple restrooms, with brand-new HVAC.

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    Agricultural Land with Highway Frontage
    Agricultural Land with Highway Frontage

    Highway 1 SW, Iowa City, IA 52246

    $1,125,000
    45.00 AC lot

    45-acre farm site with productive tillable acreage and paved highway frontage, with 2026 crop lease in place.

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    Iowa City, IA Commercial Real Estate Market Trends and Statistics

    Explore 111 commercial real estate for sale in Iowa City, IA, showcased through 111 active listings on our real estate platform. These investment opportunities span a total of 1,006,032 square feet of properties for sale, with an estimated market value of $78,654,719.

    Sale prices for business properties in Iowa City, IA start at $94,960, averaging $1,191,738, and reaching up to $4,995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 108K
    Population Growth (5Y) +35.7%
    Median Household Income $62,209
    College Educated 50.5%

    High-Yield Neighborhoods for Investment

    Identify Iowa City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    52240 $1M
    52245 $1.3M
    52246 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 3.25%
    Property Tax per SF $18.14 per SF
    Tax Rate vs County Average 0.17 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Johnson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Iowa City fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Iowa City, IA

    • 52240
    • 52245
    • 52246
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