125 S Dubuque St Iowa City, IA 52240
COMMERCIAL - IowaCity, IA
- 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
- 2022
- Tax Annual Amount
- 19732
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 (319) 331-6187
Listing office Lepic-Kroeger, REALTORS 2346 MORMON TREK BLVD SUITE #2000, Iowa City, IA (319) 351-8811
Listing date Feb 6, 2025
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.
Plaza Center One is located in downtown Iowa City in the area described as the heart of the Ped Mall. Building access includes a lobby that is open 7-5, Monday through Friday for the public, with card key access available at any time. The suite benefits from its position within a managed office building with shared common space.
For an owner-user, the current leasing arrangement leaves 1,740 square feet available within the suite, offering room to occupy part of the space while supporting a flexible workplace setup. For an investor, the asset structure includes a currently leased portion and a defined owner-user footprint. CAM charges are stated to include all utilities for the suite, which can simplify operating expense planning. Zoning is listed as CB10.
Key Highlights
- 3,480 SF suite on the 4th floor of Plaza Center One in downtown Iowa City
- Half the suite is leased; 1,740 SF remains for an owner‑user
- Elevator‑served layout with largely open area plus conference, storage, office, and kitchen areas
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 | $62.6k | $18.00 |
| − Vacancy | −$9.4k | −$2.70 |
| EGI | $53.2k | $15.30 |
| − OpEx | −$13.3k | −$3.82 |
| NOI | $39.9k | $11.48 |
