Mixed-Use Development Opportunity with Three
For Sale
$1,975,000
1104 S Gilbert St, Iowa City, IA 52240
COMMERCIAL - IowaCity, IA
Property SizeContact for details
Lot Size0.77 Acres
Days on Market95
Property Features for 1104 S Gilbert St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
commercial
Directions
East side of Gilbert St, N of HWY 6, S of Kirkwood
Subdivision
IowaCity
Standard status
Active
APN
1015305002-1015305004
Lot size
0.77 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
16206
Utilities
Heating system
Steam, Forced Air, Natural Gas
Cooling system
Central Air, Window Unit(s)
Building Details
Year built
1950
Flooring type
Vinyl, Carpet, Concrete
Building materials
Block, Frame
Roof type
Composition, Metal
Listing Agency:
Lepic-Kroeger, REALTORS
(319) 351-8811
Listed By:
Rich Hatch · License #S60692000
(319) 631-8530
Added: May 15
Changed: Aug 4
Last Checked: Aug 17 at 1:06AM
MLS# 202603248
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This mixed-use development opportunity includes three commercial parcels totaling 0.77 acres at 1104 S Gilbert St in Iowa City. The property has fully leased multi-family units with month-to-month leases, providing near-term occupancy and flexibility for future redevelopment or repositioning.
Commercial tenant space is currently occupied by Old Screen Printers, Summer of the Arts, and Drip Couture. The Coin Shop space is scheduled to be vacated in July, which may create an opportunity for owner use or new tenancy. The property is positioned just minutes from the University of Iowa campus and is described as having strong traffic exposure and excellent accessibility.
Improvements include a block and frame construction profile, with concrete, carpet, and vinyl flooring. The building is served by forced air and steam heating using natural gas, with window units and central air for cooling. Roof surfaces are listed as composition and metal.
Commercial tenant space is currently occupied by Old Screen Printers, Summer of the Arts, and Drip Couture. The Coin Shop space is scheduled to be vacated in July, which may create an opportunity for owner use or new tenancy. The property is positioned just minutes from the University of Iowa campus and is described as having strong traffic exposure and excellent accessibility.
Improvements include a block and frame construction profile, with concrete, carpet, and vinyl flooring. The building is served by forced air and steam heating using natural gas, with window units and central air for cooling. Roof surfaces are listed as composition and metal.
Key Highlights
- 0.77‑acre mixed‑use property with three commercial parcels
- Fully leased multi‑family units with month‑to‑month leases
- Current commercial tenants: Old Screen Printers, Summer of the Arts, and Drip Couture
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Explore this area
Business Placement
Demographics for 52240, IA
34,224
Population
17,035
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
94%
High-School Grad
142.1 sq mi
ZIP Area
241
Density / Sq Mi
$55,189
Median Household Income
$25,508
Median Earnings
$1,065
Median Rent
$241,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property on 0.77 acres with three parcels, fully leased residential units on month-to-month terms, and active commercial space.
Where is this mixed-use property located?
The property is located at 1104 S Gilbert St Iowa City, IA.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: 0.77‑acre mixed‑use property with three commercial parcels; Fully leased multi‑family units with month‑to‑month leases; Current commercial tenants: Old Screen Printers, Summer of the Arts, and Drip Couture
