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Two-Level Retail Space
For Lease
$5,000/Mo

112 E Washington St, Iowa City, IA 52240

COMMERCIAL - IowaCity, IA

Space SizeContact for details
Lot Size0.04 Acres
Days on Market134

Property Features for 112 E Washington St

General Information

Property type Commercial Lease
Property subtype Other
Zoning CB-10
Directions 112 Washington Street, Downtown
Subdivision IowaCity
Standard status Active
APN 1010311026
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2025

Utilities

Heating system Natural Gas, Forced Air, Central
Cooling system Central Air

Amenities

storefront windows
dressing room

Building Details

Year built 1900
Flooring type Tile
Building materials Brick, Glass
Roof type Composition
Listing Agency: Blank & McCune Real Estate
Listed By: Teresa Morrow · License #B35393000
Added: Apr 8 Changed: Aug 4 Last Checked: Aug 19 at 2:06AM
MLS# 202602348

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 two-level retail space at 112 E Washington St in IowaCity offers a bright main floor with storefront windows, plus a dedicated dressing room. An easy stairwell connects to the lower level, which has generous natural light and an open feel, creating usable space for a tenant concept that benefits from a distinctive in-store experience.

The property is built with brick and glass elements and features tile flooring. Central heating is provided by forced-air natural gas, and the space has central air conditioning. The roof is composition.

Zoned CB-10, the offering sits on a 0.0393-acre lot and was built in 1900, aligning with a historic downtown retail character while providing a functional, two-level layout for retailers looking to draw customers in with strong storefront presence and interior lighting.

Key Highlights

  • Zoned CB‑10 retail space on 0.0393‑acre lot
  • Two levels with bright lower level and an accessible stairwell
  • Dedicated dressing room on the main floor

Property Analytics

Current Use

Raker Rhodes Engineering Engineering Consultant Heim (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Electrical Service Home Appliance Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,614
Businesses Nearby
113k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 53% Dining 26% Hotels & Casinos 21%
Iowa City #1 Shops & Services
19,700 visits/mo 0.3 miles
Kum & Go Shops & Services
16,225 visits/mo 0.2 miles
Starbucks Dining
14,510 visits/mo 0.1 miles
Hilton Garden Inn Hotels & Casinos
11,525 visits/mo 0.2 miles
U.S. Bank Shops & Services
9,793 visits/mo 0.1 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

Market

Lease Benchmarks for Iowa City, IA

$22.97 /SF/Yr
Avg Asking Price
$10.72–$35.07 /SF/Yr
Price Range
7,830 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two-story retail space zoned CB-10 with storefront windows, a dedicated dressing room, and central forced-air natural gas heat.
Where is this retail space located?
The property is located at 112 E Washington St Iowa City, IA.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: Zoned CB‑10 retail space on 0.0393‑acre lot; Two levels with bright lower level and an accessible stairwell; Dedicated dressing room on the main floor
More about this property
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