Flexible Flex Space with Multiple
For Sale
$1,599,000
615 Highway 1 W, Iowa City, IA 52246
CommercialSale, IowaCity, IA
Property SizeContact for details
Lot Size0.99 Acres
Days on Market140
Property Features for 615 Highway 1 W
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
commercial
Directions
Please use navigation device
Subdivision
IowaCity
Standard status
Active
APN
1016-43-00-09
Lot size
0.99 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
32536
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Zoned, Central Air
Building Details
Year built
1990
Flooring type
Concrete
Building materials
SteelOrMetal
Roof type
Metal
Listing Agency:
Lepic-Kroeger, REALTORS
(319) 351-8811
Listed By:
Russell Yoder
(319) 750-3248
Added: Apr 8
Changed: Aug 19
Last Checked: Aug 25 at 10:06PM
MLS# 202602335
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.
Located at 615 Highway 1 W in Iowa City, this 0.99-acre commercial property combines office, warehouse, and service-oriented space within a steel-and-metal building constructed in 1990. One side contains two bays measuring approximately 85 feet deep by 60 feet wide, plus a wash bay and storage area. Approximately 2,700 square feet of office space forms the central portion of the building, while the opposite side includes three additional bays, two with private bathrooms.
Above the office area are four units currently used as offices: two configured with two bedrooms and two configured with one bedroom. The property is equipped with 3-phase electric service, concrete flooring, natural gas and forced-air heating, zoned and central air conditioning, and a metal roof. Added outdoor parking and storage space complement the building’s interior configuration. Commercial zoning is identified for the property.
Above the office area are four units currently used as offices: two configured with two bedrooms and two configured with one bedroom. The property is equipped with 3-phase electric service, concrete flooring, natural gas and forced-air heating, zoned and central air conditioning, and a metal roof. Added outdoor parking and storage space complement the building’s interior configuration. Commercial zoning is identified for the property.
Key Highlights
- Two large bays measure approximately 85' deep by 60' wide
- Approximately 2,700 sq ft of office area
- Three additional bays, including two with private bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
4
Office units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
626
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 52246, IA
22,829
Population
10,627
Households
2.1
Avg Household Size
29
Median Age
67%
College-Educated
95%
High-School Grad
16.7 sq mi
ZIP Area
1,367
Density / Sq Mi
$55,088
Median Household Income
$28,598
Median Earnings
$1,049
Median Rent
$327,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Steel-and-metal commercial building with office areas, service bays, three-phase power, and outdoor parking and storage.
Where is this flex space located?
The property is located at 615 Highway 1 W Iowa City, IA.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Two large bays measure approximately 85' deep by 60' wide; Approximately 2,700 sq ft of office area; Three additional bays, including two with private bathrooms
