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    1621 S 1St Ave Iowa City, IA 52240

    For Lease
    $16 SF/Yr

    Commercial - IA

    Lot size:
    0.76 Acres
    Days on Market:
    55
    Last Refresh:
    Dec 7 at 11:06 am

    Property Features for 1621 S 1St Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CC2
    APN
    1014486007
    Interior features
    Zerostepentry
    Lot size
    0.76 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    2003
    Flooring type
    Concrete
    Building materials
    Block, Frame
    Architectural style
    Other

    Lepic-Kroeger, REALTORS (319) 351-8811 [email protected]

    Listing agent Jeff Edberg (319) 351-8811

    Listing date Oct 14, 2025

    MLS# 202506463 Listing URL

    Copyright © 2025 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.

    Overview

    Restaurant Endcap Suite with Patio

    This former Marcos endcap restaurant suite offers 1,191 square feet of space, complemented by an outside dining patio. The property includes essential restaurant equipment such as an exhaust hood, Ansul system, walk-in cooler and freezer, ice machine, and a built-in counter. Additional kitchen equipment, tables, and stools are available from the former tenant at an additional cost. Situated on 1st Ave in Iowa City, the location benefits from a daily traffic count of 12,200 cars. Ample common parking is available in both the front and rear of the building, providing convenience for both employees and customers. Neighboring tenants include Java House, K&Q Nails, DonutLand, Muddy Feet Hot Yoga, and 2 Dogs Pub. The property is zoned CC2 and is suitable for restaurants and retail properties. The lot size is 0.76 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Marco's Grilled Cheese Fast Food Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Da Flava Unit Xpress, Hy-Vee Catering, Jimmy Jack's Rib Shack - Iowa City

    Location Insight

    • Map
    • Local Demand
    City
    Iowa City
    County
    Johnson
    State
    Iowa
    Longitude
    -91.504395
    Latitude
    41.643

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    FAQs

    What type of property is this?
    Restaurant - Former restaurant suite with patio, equipment, and high traffic.
    Where is this restaurant located?
    The property is located at 1621 S 1St Ave Iowa City, IA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Former restaurant space with EXISTING EXHAUST HOOD, ANSUL SYSTEM, WALK-IN COOLER/FREEZER, ICE MACHINE, and built-in counter included.; - High-traffic location on 1st Ave in Iowa City with 12,200 cars per day.; - Affordable rent at $16.50 NNN, with a total gross monthly rent of $2,219.
    (319) 351-8811
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    Iowa City, IA 52240
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1621 S 1St Ave Iowa City, IA 52240
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