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Multi-Tenant Office Condo with Elevator Access
For Sale
$2,500,000

327 2nd St., Coralville, IA 52241

SINGLE_FAMILY - Coralville, IA

Property SizeContact for details
Lot Size2.32 Acres
Days on Market367

Property Features for 327 2nd St.

General Information

Property type Residential
Property subtype Office
Zoning CPUD
Interior features Elevator
Accessibility Accessible Elevator Installed
Elementary school Central
Middle school Northwest
Directions Building is located at the NE corner of 2nd St./ Hwy 6 and 4th Avenue. .
Subdivision Coralville
Standard status Active
APN 1008208002
Lot size 2.32 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 84080

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Year built 2004
Flooring type Concrete, Carpet
Building materials PrecastConcrete, SteelOrMetal
Roof type Metal
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Ryan O'leary · License #S41249
Added: Aug 11, 2025 Changed: Aug 3 Last Checked: Aug 12 at 10:06AM
MLS# 202505120

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.

Multi-tenant, first-floor office condo offering elevator access and long-term tenant occupancy. The interior includes an elevator and an accessible elevator installation, with flooring spanning carpet and concrete. Heating is forced air with natural gas, and the space is served by central air conditioning. Construction materials include precast concrete and steel or metal, with a metal roof.

The property is located at 327 2nd St., Coralville, IA 52241, on a 2.32-acre site and is zoned CPUD. The building is designed for convenient parking and elevator access, supporting daily tenant and customer flow.

Built in 2004, this office condo configuration provides a straightforward way to add a multi-suite, long-term occupied asset within the Coralville area near major local destinations including UIHC, IRL, Coral Ridge Mall, and the University of Iowa campus.

Key Highlights

  • CPUD zoning on a 2.32‑acre site
  • Elevator access with accessible elevator installed
  • Built in 2004 with metal roof

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Grocery & Convenience Store HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Garden Center

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

852
Businesses Nearby

Demographics for 52241, IA

22,319
Population
10,294
Households
2.2
Avg Household Size
34
Median Age
57%
College-Educated
95%
High-School Grad
13.5 sq mi
ZIP Area
1,653
Density / Sq Mi
$66,508
Median Household Income
$40,504
Median Earnings
$1,021
Median Rent
$286,000
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Multi-tenant first-floor office condo in CPUD zoning with elevator access and convenient on-site parking.
Where is this office units located?
The property is located at 327 2nd St. Coralville, IA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: CPUD zoning on a 2.32‑acre site; Elevator access with accessible elevator installed; Built in 2004 with metal roof
More about this property
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