Mixed-Use Property with Retail
For Lease
$1,975,000
1104 S Gilbert St, Iowa City, IA 52240
Three commercial parcels combine leased residential units with flexible commercial space and on-site parking.
Space SizeContact for details
Days on Market52
Property Features for 1104 S Gilbert St
General Information
Standard status
Active
Property subtype
Commercial
Zoning
C
Building Details
Year Built
1950
Listing Agency:
LEPIC-KROEGER, REALTORS
(319) 631-8530
Listed By:
Rich Hatch · License #S60692000
Source:
Q4realestate
Added: Jul 10
Changed: Aug 28
Last Checked: Aug 30 at 12:50PM
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 LEPIC-KROEGER, REALTORS
Investment Insights
Based on property information with market context.
This mixed-use property comprises three commercial parcels with retail-oriented space and multifamily units. The residential units are fully leased on month-to-month agreements, while the commercial component includes existing tenants Old Screen Printers, Summer of the Arts, and Drip Couture. The Coin Shop space is scheduled to be vacated in July. Built in 1950, the property carries C zoning and includes on-site parking.
The property is located at 1104 S Gilbert St in Iowa City, near the University of Iowa campus. Shopping, dining, public transportation, and both pedestrian and vehicle activity are identified in the surrounding area. The existing configuration supports continued commercial occupancy alongside residential use, with month-to-month residential leases providing flexibility for future repositioning.
The property is located at 1104 S Gilbert St in Iowa City, near the University of Iowa campus. Shopping, dining, public transportation, and both pedestrian and vehicle activity are identified in the surrounding area. The existing configuration supports continued commercial occupancy alongside residential use, with month-to-month residential leases providing flexibility for future repositioning.
Key Highlights
- Three commercial parcels at 1104 S Gilbert St, Iowa City, Iowa 52240
- C zoning and a 1950 construction date
- Multifamily units are fully leased on month‑to‑month leases
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,207
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three commercial parcels combine leased residential units with flexible commercial space and on-site parking.
Where is this mixed-use property located?
The property is located at 1104 S Gilbert St Iowa City, IA.
What is the lease rate?
The lease rate is $1,975,000.
What are key features of this property?
This property features: Three commercial parcels at 1104 S Gilbert St, Iowa City, Iowa 52240; C zoning and a 1950 construction date; Multifamily units are fully leased on month‑to‑month leases
