Lower-Level Retail and Office Space

111 E Washington St Iowa City, IA 52240

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For Lease
$15 SF/Yr $13,750/Mo (calc)

Lower-level space in a pedestrian mall location across from the Old Capitol, suitable for retail or office uses.

Type:Com Lease
Property size:
11,000 SF
Added:
Jan 3, 2022
Days on Market:
1650
Last Refresh:
Jul 8 at 2:30 am

Property Features for 111 E Washington St

General Information

Standard status
Active
Size
11,000 SF
Property subtype
Com Lease

Building Details

Year Built
1900

Listing office GLD Commercial Real Estate Advisors

Listing date Jan 3, 2022

Source Pinnaclerealtyia

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 Real Estate Advisors


Investment Insights

Based on property information with market context.

This lower-level suite offers flexible space that previously supported a fitness tenant and can accommodate a range of commercial uses, including retail or office. The premises are set up with existing men's and women's bathrooms, and the available area can include storage. Prospective tenants should expect to complete some build-out to suit their specific operational needs.

The property is situated in the center of a pedestrian mall, directly across the street from the Old Capitol building. The unit benefits from substantial walk-by activity from University of Iowa students during the school year. Target is located upstairs in the same building, and Hands Jewelers and a Cactus Mexican restaurant are next door.

With its existing restrooms and the option for space that includes storage, the suite can work for businesses looking for a downtown-oriented footprint with high pedestrian exposure. Because the unit will require tenant build-out, it is best suited for operators and retailers comfortable planning interior improvements to match their concept and layout requirements.

Key Highlights

  • Lower‑level commercial space in the center of the Pedestrian Mall, across the street from the Old Capitol building
  • Former Gold’s Gym/319 Fitness lower level; commercial, retail, or office uses could occupy the space
  • Up to 11,000 sq ft available, including storage and existing men’s/women’s bathrooms

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

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

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Lower-level space in a pedestrian mall location across from the Old Capitol, suitable for retail or office uses.
Where is this retail space located?
The property is located at 111 E Washington St Iowa City, IA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Lower‑level commercial space in the center of the Pedestrian Mall, across the street from the Old Capitol building; Former Gold’s Gym/319 Fitness lower level; commercial, retail, or office uses could occupy the space; Up to 11,000 sq ft available, including storage and existing men’s/women’s bathrooms
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