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Multi-Tenant Office Condo
For Sale
$2,500,000

327 2nd St., Coralville, IA 52241

CommercialSale, Coralville, IA

Property SizeContact for details
Lot Size2.32 Acres
Days on Market385

Property Features for 327 2nd St.

General Information

Property type Residential
Property subtype Office
Zoning CPUD
Interior features Elevator
Accessibility Accessible Elevator Installed
Elementary school Central
Middle school Northwest
Directions Building is located at the NE corner of 2nd St./ Hwy 6 and 4th Avenue. .
Subdivision Coralville
Standard status Active
APN 1008208002
Lot size 2.32 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 84080

Utilities

Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Year built 2004
Flooring type Concrete, Carpet
Building materials PrecastConcrete, SteelOrMetal
Roof type Metal
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Ryan O'leary · License #S41249
Added: Aug 11, 2025 Changed: Aug 19 Last Checked: Aug 30 at 12:06AM
MLS# 202505120

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 first-floor commercial condominium is configured for multiple office users, with each suite occupied by long-term tenants. The property includes elevator access, convenient parking, and an accessible elevator installation. Built in 2004, the building uses precast concrete and steel or metal construction with a metal roof, concrete and carpet flooring, forced-air natural gas heating, and central air conditioning.

The property encompasses 2.32 acres in Coralville, Iowa, within the Coralville Strip. Its setting is described as minutes from UIHC, IRL, Coral Ridge Mall, and the University of Iowa campus. CPUD zoning applies to the property.

Key Highlights

  • Multi‑tenant first‑floor commercial condominium with each suite occupied by long‑term tenants
  • 2.32‑acre property in Coralville, Iowa
  • CPUD zoning

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Grocery & Convenience Store HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Garden Center

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

839
Businesses Nearby

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

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - First-floor commercial condominium with occupied suites, elevator access, parking, and CPUD zoning.
Where is this office units located?
The property is located at 327 2nd St. Coralville, IA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Multi‑tenant first‑floor commercial condominium with each suite occupied by long‑term tenants; 2.32‑acre property in Coralville, Iowa; CPUD zoning
More about this property
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