Building Details

Year built 1982

Flooring type Vinyl, Carpet

Listing Agency: Century 21 Trinity p***@elliottrealtygroup.com Show Phone

Listed By: Jeff Hazelett Show Phone

Added: Mar 31 Changed: Aug 4 Last Checked: Aug 11 at 6:06AM

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MLS# 202602114

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 commercial office space offers a developed interior layout including a reception area, offices, conference rooms, break room areas, and bathrooms. The space totals 3,168 square feet and is currently configured as one suite, with the landlord willing to split it into two self-sufficient units of equal size.

The property is positioned on a high-traffic thoroughfare with frontage on Hwy 92/East Washington St. The building provides ample parking in both the front and rear, and there are front and back entrances for tenant convenience.

The lease structure includes taxes, insurance, cam fees, and utilities in the lease price, which can simplify occupancy budgeting. The landlord is seeking a minimum three-year lease term, though longer terms will be considered. For showings, a lockbox is located on the south door, with the key also supporting the north door.

Key Highlights

• 3,168 sq. ft. commercial space on Hwy 92/East Washington St with frontage in a high‑traffic area
• Layout includes reception, offices, conference rooms, break room areas, and bathrooms
• Landlord will consider splitting into 2 self‑sufficient units with 1,584 sq. ft. each

Property Analytics

Property Profile

Current Use

Professional Home Health ... Home Health Care Service Hertz Farm Management, ... Real Estate Agency US Consolidated Farm ... Sustainability Organization

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office HVAC Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

NNN (Triple Net)

Lease Type

$2.10 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

524

Businesses Nearby

Explore this area Business Placement

Demographics for 52353, IA

9,416

Population

3,995

Households

2.4

Avg Household Size

41

Median Age

22%

College-Educated

93%

High-School Grad

157.4 sq mi

ZIP Area

60

Density / Sq Mi

$63,232

Median Household Income

$36,062

Median Earnings

$912

Median Rent

$155,700

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Flexible office space with reception, offices, conference rooms, and ample front and rear parking.

Where is this office units located?

The property is located at 1621 E Washington St. Washington, IA.

What is the lease rate?

The lease rate is $14 SF/Yr.

What are key features of this property?

This property features: 3,168 sq. ft. commercial space on Hwy 92/East Washington St with frontage in a high‑traffic area; Layout includes reception, offices, conference rooms, break room areas, and bathrooms; Landlord will consider splitting into 2 self‑sufficient units with 1,584 sq. ft. each