Back to Search
Downtown Office Suite with Reception

125 S Dubuque St Iowa City, IA 52240

Claim this Listing
For Sale
$1,050,000

COMMERCIAL - IowaCity, IA

Property size:
4,720 SF
Lot size:
0.41 Acres
Price / SF:
$222/SF
Added:
Feb 6, 2025
Days on Market:
520
Last Refresh:
Jul 11 at 10:06 am

Property Features for 125 S Dubuque St

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
CB10
Interior features
Elevator, ZeroStepEntry
Accessibility
Accessible Elevator Installed
Standard status
Active
APN
1010386004
Lot size
0.41 Acres

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
26290

Utilities

Heating system
Natural Gas, Forced Air
Cooling system
Central Air

Building Details

Year built
1977
Flooring type
Carpet
Building materials
Brick, Frame
Roof type
Tar/Gravel

Listing agent Jeff Edberg License #IA B33730000

Listing office Lepic-Kroeger, REALTORS 2346 MORMON TREK BLVD SUITE #2000, Iowa City, IA

Listing date Feb 6, 2025

MLS# 202500919

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.

The property is a for-sale office suite located on the 4th floor of Plaza Center One. The elevator-served suite includes a reception desk and is largely open, along with 12 private offices, conference rooms, and a break room. The suite is sized to include its pro-rata portion of common area assigned to it. Building access is supported by a first-floor lobby that is open 7–5, Monday through Friday for public use, with card-key access available at any time.

The building is in downtown Iowa City at 125 S Dubuque St, and the offering is described as being in the heart of the Ped Mall.

For tenants or buyers seeking an office configuration with multiple private offices plus shared meeting and break space, this suite provides a practical interior layout within a served office building. The remarks also note a recently negotiated 10-year lease, and that lease details will be provided after signing an NDA. According to the information provided, CAM charges include all utilities.

Key Highlights

  • 4th‑floor office suite with 4,720 SF in Plaza Center One in downtown Iowa City.
  • Accessible elevator serves the suite; zero‑step entry and accessible elevator installed.
  • Suite layout includes reception area, 12 private offices, conference rooms, and a break room.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $85.0k $18.00
− Vacancy −$12.7k −$2.70
EGI $72.2k $15.30
− OpEx −$18.1k −$3.82
NOI $54.2k $11.48
4,720 SF · lease $18.00/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$773.7K
$677.0K – $902.7K (±1% cap)
NOI $54,162 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$897.2K – $1.20M (±1% cap)
NOI $71,774 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

James Beeghly Physician Kone Inc General Contractor Candor Conference Consultant Representative Dave Loebsack Government Office Aspen Leaf Frozen ... Cafe & Coffee Shop

Suggested Use

Furniture & Home Goods (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Storage Facility Tanning Salon (Bike/Boat/Book/etc) Store Electrical Service Pet Store Home Appliance Store

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

FAQs

What type of property is this?
Office units - 4th-floor office suite offers a reception area, private offices, conference rooms, and break room with card-key access.
Where is this office units located?
The property is located at 125 S Dubuque St Iowa City, IA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 4th‑floor office suite with 4,720 SF in Plaza Center One in downtown Iowa City.; Accessible elevator serves the suite; zero‑step entry and accessible elevator installed.; Suite layout includes reception area, 12 private offices, conference rooms, and a break room.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message