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Lower-Level Retail Space
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111 E Washington St Unit Lower Le, Iowa City, IA 52240

The space can accommodate commercial, retail, or office uses in a central pedestrian-oriented setting.

Property SizeContact for details
Days on Market1703

Property Features for 111 E Washington St Unit Lower Le

General Information

Standard status Active
Property subtype Retail

Taxes and HOA fees

Annual Taxes $27,000

Amenities

3
Other
Other.

Building Details

Year Built 1900
Listing Agency: Commercial Realty Iowa City, LLC
Listed By: Joe Clark
Source: Xome
Added: Jan 1, 2022 Changed: Aug 30 Last Checked: Aug 31 at 2:13PM

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 Commercial Realty Iowa City, LLC

Investment Insights

Based on property information with market context.

This lower-level commercial space offers up to 11,000 square feet, including storage and existing men’s and women’s locker rooms. The configuration is identified as suitable for commercial, retail, office, and similar uses, providing a broad range of potential applications within the building.

The property is located at 111 E Washington St in Iowa City’s Pedestrian Mall, directly across from the Old Capitol building. Target occupies the upper level, while Hands Jewelers and Cactus Mexican Restaurant are next door. The central setting is associated with more than 30,000 University of Iowa students each day during the school year.

Key Highlights

  • Up to 11,000 square feet available, including storage and existing men’s and women’s locker rooms
  • Located in the center of Iowa City’s Pedestrian Mall
  • Across the street from the Old Capitol building

Property Analytics

Current Use

Retail space

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.

Location Intelligence

Trade Area within ½ mile

2,614
Businesses Nearby
113k
Monthly Visits Nearby

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - The space can accommodate commercial, retail, or office uses in a central pedestrian-oriented setting.
Where is this retail space located?
The property is located at 111 E Washington St Unit Lower Le Iowa City, IA.
What are key features of this property?
This property features: Up to 11,000 square feet available, including storage and existing men’s and women’s locker rooms; Located in the center of Iowa City’s Pedestrian Mall; Across the street from the Old Capitol building
More about this property
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