Elevator-Served Office
125 S Dubuque St Iowa City, IA 52240
125 S Dubuque St, Iowa City, IA, 52240
$1,085,000
For Sale
$1,085,000
COMMERCIAL - IowaCity, IA
Property Size4,866 SF
Lot Size0.41 Acres
Price / SF$222.98
Days on Market532
Property Features for 125 S Dubuque St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CB10
- Interior features
- Elevator, ZeroStepEntry
- Accessibility
- Accessible Elevator Installed
- Standard status
- Active
- APN
- 1010386004
- Lot size
- 0.41 Acres
Taxes and HOA fees
- Tax Year
- 2022
- Tax Annual Amount
- 27055
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1977
- Flooring type
- Carpet
- Building materials
- Brick, Frame
- Roof type
- Tar/Gravel
Listing agency
Lepic-Kroeger, REALTORS
(319) 351-8811
Listed by
Jeff Edberg · License #IA B33730000
(319) 331-6187
Added: Feb 6, 2025 Updated: Jun 30 at 8:19PM Checked: Jul 23 at 9:06AM
MLS# 202500923
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.
Located on the 4th floor of Plaza Center One, this elevator-served office suite totals 4,866 square feet and is accessed via a first-floor lobby open 7-5, Monday through Friday for public entry. The space is largely open and includes a reception desk, six private offices, conference rooms, and a break room, along with its pro-rata portion of assigned common area. The suite is available October 2024 and may be combined with adjacent suites. For building access, card key entry is available at any time.
The offering is in downtown Iowa City at 125 S Dubuque St, within a property identified for zoning CB10. Suite ownership includes assignment of common area as noted in the total square footage. CAM charges include all utilities, supporting a true full-service approach.
This configuration fits professional teams that need a mix of collaborative space and private offices, with multiple conference areas to support internal meetings and client discussions. The elevator-served layout and reception component make the suite workable for organizations looking for a functional downtown office setting, with the option to scale by combining with neighboring suites when needed. The full-service rent for the suite is offered at $10,571.39.
The offering is in downtown Iowa City at 125 S Dubuque St, within a property identified for zoning CB10. Suite ownership includes assignment of common area as noted in the total square footage. CAM charges include all utilities, supporting a true full-service approach.
This configuration fits professional teams that need a mix of collaborative space and private offices, with multiple conference areas to support internal meetings and client discussions. The elevator-served layout and reception component make the suite workable for organizations looking for a functional downtown office setting, with the option to scale by combining with neighboring suites when needed. The full-service rent for the suite is offered at $10,571.39.
Key Highlights
- 4th‑floor office suite with 4,866 SF in Plaza Center One, downtown Iowa City on the Ped Mall
- Elevator‑served, largely open layout with a reception desk, 6 private offices, conference rooms, and a break room
- Accessible features include zero‑step entry and an accessible elevator installed
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $87.6k | $18.00 |
| − Vacancy | −$13.1k | −$2.70 |
| EGI | $74.4k | $15.30 |
| − OpEx | −$18.6k | −$3.82 |
| NOI | $55.8k | $11.48 |
4,866 SF · lease $18.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$797.7K
$698.0K – $930.6K
NOI $55,837 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$924.9K – $1.23M
NOI $73,994 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
James Beeghly
Physician
Kone Inc
General Contractor
Candor Conference
Consultant
Representative Dave Loebsack
Government Office
Aspen Leaf Frozen ...
Cafe & Coffee Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Fourth-floor suite with reception, offices, conference rooms, and break room at Plaza Center One in downtown Iowa City.
Where is this office units located?
The property is located at 125 S Dubuque St Iowa City, IA.
What is the asking price?
The asking price for this property is $1,085,000.
What are key features of this property?
This property features: 4th‑floor office suite with 4,866 SF in Plaza Center One, downtown Iowa City on the Ped Mall; Elevator‑served, largely open layout with a reception desk, 6 private offices, conference rooms, and a break room; Accessible features include zero‑step entry and an accessible elevator installed
