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Office Units with Highway Frontage
For Lease
$14 SF/Yr

1621 E Washington St., Washington, IA 52353

CommercialLease, Washington, IA

Space Size1,584 SF - 3,168 SF
Lot Size0.99 Acres
Days on Market179

Property Features for 1621 E Washington St.

General Information

Property type Commercial Lease
Property subtype Other
Zoning Commercial
Interior features ZeroStepEntry
Elementary school Washington
Middle school Washington
Directions Located directly on Hwy 92/East Washington St.
Subdivision WashingtonArea
Standard status Active
APN 1116376025
Lot size 0.99 Acres

Taxes and HOA fees

Tax Year 2024

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Year built 1982
Flooring type Carpet, Vinyl
Listing Agency: Century 21 Trinity
Listed By: Jeff Hazelett
Added: Mar 31 Changed: Sep 12 Last Checked: Sep 25 at 4:06PM
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 3,168-square-foot office property provides a practical layout for professional occupancy, with a reception area, offices, conference rooms, break areas, and bathrooms. The interior includes carpet and vinyl flooring, while central air conditioning and forced-air natural gas heating serve the building. Zero-step entry is also provided.

The property has frontage on Hwy 92/East Washington St. and offers parking in both the front and rear. Separate entrances are located at the front and back of the building. The full space may be divided into two self-sufficient units of 1,584 square feet each. Taxes, insurance, CAM fees, and utilities are included in the lease structure, with a minimum three-year term desired by the landlord.

Key Highlights

  • 3,168 square feet of office space with reception, offices, conference rooms, break areas, and bathrooms
  • Potential division into two self‑sufficient 1,584‑square‑foot units
  • Frontage on Hwy 92/East Washington St.

Property Analytics

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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
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

151
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Configured office space offers reception, private offices, meeting rooms, break areas, and restrooms with parking at both building entrances.
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 square feet of office space with reception, offices, conference rooms, break areas, and bathrooms; Potential division into two self‑sufficient 1,584‑square‑foot units; Frontage on Hwy 92/East Washington St.
More about this property
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