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    1010 Martin St Iowa City, IA 52245

    For Sale
    $529,000

    Commercial - IA

    Days on Market:
    32
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 1010 Martin St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    OPD5
    APN
    1004327061
    Interior features
    Zerostepentry

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    2014
    Flooring type
    Vinyl, Wood
    Building materials
    Brick
    Architectural style
    Other

    Lepic-Kroeger, REALTORS (319) 351-8811 [email protected]

    Listing agent Jeff Edberg (319) 351-8811

    Listing date Nov 5, 2025

    MLS# 202506803 Listing URL

    Copyright © 2025 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Live/Work Building in Peninsula Neighborhood

    This three-story mixed-use building is located on Emma Harvat Square, in the Peninsula Neighborhood. The property features a commercial space designed as a neighborhood pub, including a main bar and dining room with two-story ceilings, a 715-square-foot wraparound patio, and a commercial kitchen. A mezzanine overlooks the bar and dining area. Currently operating as an Asian noodle restaurant, the space has the potential to become a neighborhood gathering place, offering dine-in and takeout options. The location provides park views, access to the University of Iowa and downtown, and a setting three minutes from I-80. The first floor includes 1,341 square feet of prep and dining space, with 90 square feet of mezzanine seating. An additional 288 square feet of prep area on the second level brings the total commercial space to 1,630 square feet. The property also includes a 1,300-square-foot luxury condo spanning two floors, with 3 bedrooms and 2 baths. The residence is currently leased at $1,400 per month and could serve as a live/work space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ramen Belly Authentic Japanese Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Iowa City
    County
    Johnson
    State
    Iowa
    Longitude
    -91.556332
    Latitude
    41.675952

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    FAQs

    What type of property is this?
    Mixed-use property - Three-story mixed-use building with commercial space and residential condo.
    Where is this mixed-use property located?
    The property is located at 1010 Martin St Iowa City, IA.
    What is the asking price?
    The asking price for this property is $529,000.
    What are key features of this property?
    This property features: - Unique live/work property in the vibrant Peninsula Neighborhood.; - Fully equipped commercial space designed as a neighborhood pub with a welcoming bar, dining room, and a **715-square-foot wraparound patio.**; - Includes a **1,300-square-foot luxury condo with 3 bedrooms and 2 baths**, currently leased for $1,400 per month.
    (319) 351-8811
    Request Owner's contact information
    1010 Martin St Iowa City, IA 52245
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1010 Martin St Iowa City, IA 52245
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