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Retail Suite in Commercial Plaza
For Lease
$10 SF/Yr

119 2nd Street, Coralville, IA 52241

COMMERCIAL - Coralville, IA

Space SizeContact for details
Lot Size0.09 Acres
Days on Market17

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

Heating system Natural Gas
Cooling system Central Air

Building Details

Year built 1955
Flooring type Concrete
Building materials Brick, StuccoUnspecified
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Zach Hammes
Added: Jul 19 Changed: Jul 25 Last Checked: Aug 4 at 6:06AM
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.

Investment Insights

Based on property information with market context.

This retail suite is located within a commercial plaza that includes four other tenants in the same building. The space was previously occupied by a tanning salon and is being offered as a turnkey opportunity for an operating business.

The property is positioned in the heart of the Coralville retail strip, with public remarks indicating more than 26,000 vehicles per day. Zoned C-2, the suite is suited for a variety of retail and service uses consistent with local requirements.

The address is 119 2nd Street, unit 200, Coralville, Iowa 52241-1188.

Key Highlights

  • Commercial space in a plaza with four other tenants in the building
  • Over 26,000 traffic count per day on the Coralville strip
  • Previously used as a tanning salon

Property Analytics

Current Use

Storefront properties

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
Under-served
Demand for This Use

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

Market

Lease Benchmarks for Coralville, IA

$15.74 /SF/Yr
Avg Asking Price
$10–$25 /SF/Yr
Price Range
7,353 SF
Avg Space Size

This space is priced 36% below the average of $15.74 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Every Bloomin' Thing 418 10th Ave, Coralville, IA 52241

Frequently Asked Questions

What type of property is this?
Storefront property - Retail suite in a commercial plaza with four other tenants, previously a tanning salon, in C-2 zoning.
Where is this storefront property 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: Commercial space in a plaza with four other tenants in the building; Over 26,000 traffic count per day on the Coralville strip; Previously used as a tanning salon
More about this property
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