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Retail Space in Multi-Tenant Plaza
For Lease
$10 SF/Yr

119 2nd Street, Coralville, IA 52241

Commercial Lease, Coralville, IA

Space SizeContact for details
Lot Size0.09 Acres
Days on Market97

Property Features for 119 2nd Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning C-2
Directions West on Hwy 6 from Iowa City, after the 1st Ave/Hwy 6 intersection, turn right into parking lot of Liberty Square.
Subdivision Coralville
Standard status Active
APN 1008128002
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3

Utilities

Utilities Cable Available
Heating system Natural Gas
Cooling system Central Air

Building Details

Year built 1955
Flooring type Concrete
Building materials Brick, Stucco Unspecified
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Zach Hammes
Added: Jul 19 Changed: Oct 16 Last Checked: Oct 23 at 4:06PM
MLS# 202604492

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.

The retail space is located within a commercial plaza alongside four other tenants. Built in 1955, the property has brick and stucco construction, concrete flooring, central air conditioning, and natural gas heating. Cable is available, and the zoning is C-2.

The site is at 119 2nd Street in Coralville, Iowa. The reported traffic count is more than 26,000 vehicles per day.

Key Highlights

  • Retail space in a commercial plaza with four other tenants
  • C‑2 zoning
  • Built in 1955

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Storage Facility HVAC Service Kitchen & Bath Showroom

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

26,000 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

658
Businesses Nearby
129k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 65% Shops & Services 33% Beauty & Spa 1% Hotels & Casinos 1%
Kum & Go Shops & Services
20,963 visits/mo 0.1 miles
McDonald's Dining
20,527 visits/mo 0.5 miles
Panera Bread Dining
18,627 visits/mo 0.1 miles
Freddy's Frozen Custard & Steakburgers Dining
13,890 visits/mo 0.3 miles
Dunkin' Donuts Dining
11,554 visits/mo 0.5 miles

Demographics for 52241, IA

22,319
Population
10,294
Households
2.2
Avg Household Size
34
Median Age
57%
College-Educated
95%
High-School Grad
13.5 sq mi
ZIP Area
1,653
Density / Sq Mi
$66,508
Median Household Income
$40,504
Median Earnings
$1,021
Median Rent
$286,000
Median Home Value
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Market

Lease Benchmarks for Coralville, IA

$22.89 /SF/Yr
Avg Asking Price
$10–$40 /SF/Yr
Price Range
6,786 SF
Avg Space Size

This space is priced 56% below the average of $22.89 /SF/Yr.

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?
Retail space - C-2-zoned space in a plaza with four other tenants, featuring central air and natural gas heating.
Where is this retail space located?
The property is located at 119 2nd Street Coralville, IA.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Retail space in a commercial plaza with four other tenants; C‑2 zoning; Built in 1955
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