Flex Office-Bay Building

615 Highway 1 W Iowa City, IA 52246

Claim this Listing
For Sale
$1,599,000

COMMERCIAL - IowaCity, IA

Lot size:
0.99 Acres
Added:
Apr 8, 2026
Days on Market:
95
Last Refresh:
Jul 11 at 11:06 am

Property Features for 615 Highway 1 W

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
commercial
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
Forced Air, Natural Gas
Cooling system
Central Air, Zoned

Building Details

Year built
1990
Flooring type
Concrete
Building materials
SteelOrMetal
Roof type
Metal

Listing agent Russell Yoder

Listing office Lepic-Kroeger, REALTORS 2346 MORMON TREK BLVD SUITE #2000, Iowa City, IA

Listing date Apr 8, 2026

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.

This flex-style commercial building is arranged with two large bays on one side, measuring approximately 85 feet deep by 60 feet wide, along with a small wash bay/storage area. An office section of approximately 2,700 square feet separates the building, and the opposite side includes three individual bays, two of which have their own bathrooms. The property is served by 3-phase electric, supporting a range of commercial and light industrial applications.

Above the office area are four residential units, consisting of two 2-bedroom units and two 1-bedroom units. The units are currently utilized as offices, but the layout supports conversion back to apartments. Outdoor parking and additional storage space are provided, adding practical on-site utility.

The building’s split configuration makes it workable for an owner-operator who wants to run part of the facility while leasing the remainder. With multiple bays, substantial office space, and income-capable upstairs units, it can support tenants or buyers seeking a multi-use setup within a single structure.

Key Highlights

  • Metal commercial building built in 1990 with concrete flooring
  • Two large bays on one side approx. 85' deep by 60' wide plus a small wash bay/storage area
  • Approx. 2,700 sq ft office area between bays; opposite side features three individual bays (two include their own bathrooms)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

SERVPRO of Iowa City/Coralville HVAC Service

Suggested Use

HVAC Service (Bike/Boat/Book/etc) Store Barber Shop Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store Bakery Accounting Firm (Bike/Boat/Book/etc) Store Clothing & Fashion Store

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

Similar Off Market Nearby

  • Catered By Charlotte — 580 Hwy 1 W, Iowa City, IA 52246
  • Heights Catering Iowa City — 901 Melrose Ave Suite 2, Iowa City, IA 52246
  • Firehouse Subs HWY One IC — 161 Hwy 1 W, Iowa City, IA 52246
  • Wich-Uh-Waffle — 1104 S Gilbert St, Iowa City, IA 52240

FAQs

What type of property is this?
Flex space - Industrial-style bays plus office space and four upstairs units, supported by 3-phase electric and on-site parking.
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: Metal commercial building built in 1990 with concrete flooring; Two large bays on one side approx. 85' deep by 60' wide plus a small wash bay/storage area; Approx. 2,700 sq ft office area between bays; opposite side features three individual bays (two include their own bathrooms)
Contact an agent
More about this property
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