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Storefront Mixed-Use Suite
For Sale
$375,000

11 S Gilbert St, Iowa City, IA 52240

The interior includes reception, private offices, a conference room, kitchen, and bathroom.

Property SizeContact for details
Days on Market25

Property Features for 11 S Gilbert St

General Information

Standard status Active
Property subtype Commercial
Zoning Commercial

Taxes and HOA fees

Annual Taxes $10,962

Building Details

Year Built 2000
Listing Agency: Urban Acres Real Estate Corridor
Listed By: Mike Bails
Source: Kalonarealty
Added: Oct 6 Changed: Oct 25 Last Checked: Oct 29 at 11:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Urban Acres Real Estate Corridor

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Investment Insights

Based on property information with market context.

This mixed-use suite offers more than 1,100 square feet with a window storefront and a layout that includes reception, office space, a conference room, kitchen, and bathroom. The building dates to 2000, and the property is zoned Commercial.

The suite is at 11 S Gilbert St in downtown Iowa City, within the Tower Place Parking Garage. Existing monthly parking permits may be available for a new owner to assume.

Key Highlights

  • More than 1,100 sq ft of space
  • Window storefront
  • Reception, office, conference room, kitchen, and bathroom

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

The Greater Iowa City ... Charitable Organization

Suggested Use

Top Pick Nail Salon (Bike/Boat/Book/etc) Store Furniture & Home Goods Electrical Service Home Appliance Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,400
Businesses Nearby
114k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 53% Dining 26% Hotels & Casinos 21%
Iowa City #1 Shops & Services
19,700 visits/mo 0.2 miles
Kum & Go Shops & Services
16,225 visits/mo 0.3 miles
Starbucks Dining
14,510 visits/mo 0.3 miles
Hilton Garden Inn Hotels & Casinos
11,525 visits/mo 0.4 miles
U.S. Bank Shops & Services
9,793 visits/mo 0.2 miles

Demographics for 52240, IA

34,224
Population
17,035
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
94%
High-School Grad
142.1 sq mi
ZIP Area
241
Density / Sq Mi
$55,189
Median Household Income
$25,508
Median Earnings
$1,065
Median Rent
$241,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The interior includes reception, private offices, a conference room, kitchen, and bathroom.
Where is this mixed-use property located?
The property is located at 11 S Gilbert St Iowa City, IA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: More than 1,100 sq ft of space; Window storefront; Reception, office, conference room, kitchen, and bathroom
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