Mixed-Use Property with Leased
1104 S Gilbert St, Iowa City, IA 52240
For Sale
$1,750,000
Commercial Sale, Iowa City, IA
Property SizeContact for details
Lot Size0.77 Acres
Days on Market182
Property Features for 1104 S Gilbert St
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Tenant in Place
Mixed-Use Components
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Heating system
Cooling system
Building Details
Year built
Flooring type
Building materials
Roof type
Listing Agency:
Lepic-Kroeger, REALTORS
(319) 351-8811
Listed By:
Rich Hatch · License IA S60692000
(319) 631-8530
Added: May 15
Changed: Nov 9
Last Checked: Nov 12 at 12:06AM
MLS# 202603248
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.
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Investment Insights
Based on property information with market context.
This mixed-use property comprises three commercial parcels totaling 0.77 acres, with commercial space and multifamily units. The residential units are leased on a month-to-month basis. Commercial occupants include Old Screen Printers, Summer of the Arts, and Drip Couture; the Coin Shop space is identified as scheduled for vacancy in July. The property was built in 1950 and has block and frame construction, concrete, vinyl, and carpet flooring, and composition and metal roofing. Heating includes steam, natural gas, and forced air, while cooling is provided by central air and window units.
The property is on S Gilbert St in Iowa City, minutes from the University of Iowa campus. Commercial zoning and parking are also noted.
The property is on S Gilbert St in Iowa City, minutes from the University of Iowa campus. Commercial zoning and parking are also noted.
Key Highlights
- Three commercial parcels totaling 0.77 acres
- Multifamily units leased on month‑to‑month terms
- Commercial tenants include Old Screen Printers, Summer of the Arts, and Drip Couture
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,207
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential units are occupied under month-to-month leases alongside commercial tenants.
Where is this mixed-use property located?
The property is located at 1104 S Gilbert St Iowa City, IA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Three commercial parcels totaling 0.77 acres; Multifamily units leased on month‑to‑month terms; Commercial tenants include Old Screen Printers, Summer of the Arts, and Drip Couture
