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Renovated Retail Storefront
For Lease
$8,270/Mo

121 E Washington St, Iowa City, IA 52240

Open-plan commercial space with exposed brick, wood flooring, and designer lighting.

Space SizeContact for details
Days on Market135

Property Features for 121 E Washington St

General Information

Standard status Active
Property subtype Com Lease
Zoning Commercial

Additional Details

Sublease Yes

Amenities

exposed brick walls
designer lighting
wood flooring
soft seating
open layout
Vinyl
20x150
Paved

Building Details

Year Built 1920
Listing Agency: GLD COMMERCIAL
Listed By: Lydia Fitzgerald
Source: Pinnaclerealtyia
Added: Apr 20 Changed: Aug 31 Last Checked: Aug 31 at 1:56PM

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 GLD COMMERCIAL

Investment Insights

Based on property information with market context.

This 2,555-square-foot retail storefront is available for sublease at 121 E Washington St in Iowa City. The space was recently updated with exposed brick, designer lighting, wood flooring, soft seating, and an open interior layout. Vinyl is also listed among the interior features, while the exterior includes a paved 20x150 area.

The property carries Commercial zoning and sits on E Washington Street in downtown Iowa City. Source information reports traffic volumes exceeding 16,000–20,000 vehicles per day, along with pedestrian activity associated with the University of Iowa campus, nearby apartments, and downtown businesses. The building dates to 1920.

Key Highlights

  • 2,555 SF retail storefront available for sublease
  • Located at 121 E Washington St, Iowa City, IA 52240
  • Commercial zoning on E Washington Street

Property Analytics

Current Use

Teamo Tea Cafe & Coffee Shop

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Storage Facility Nail Salon

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
$5.83 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,614
Businesses Nearby
113k
Monthly Visits Nearby
Under-served
Demand for This Use

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

$21.2 /SF/Yr
Avg Asking Price
$15–$28 /SF/Yr
Price Range
4,536 SF
Avg Space Size

This space is priced 83% above the average of $21.2 /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

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Frequently Asked Questions

What type of property is this?
Storefront property - Open-plan commercial space with exposed brick, wood flooring, and designer lighting.
Where is this storefront property located?
The property is located at 121 E Washington St Iowa City, IA.
What is the lease rate?
The lease rate is $8,270/Mo.
What are key features of this property?
This property features: 2,555 SF retail storefront available for sublease; Located at 121 E Washington St, Iowa City, IA 52240; Commercial zoning on E Washington Street
More about this property
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