Search
Mixed-Use Building with Apartments
For Sale
Contact for pricing
Pending

1901 Broadway St, Iowa City, IA 52240

Fully leased property combines commercial suites with upper-floor apartments.

Property SizeContact for details
Days on Market143

Property Features for 1901 Broadway St

General Information

Standard status Pending
Elevators Yes
Property subtype Retail, Mixed Use
Occupancy 100%

Financials

Asking Price $1,600,000
Cap Rate 6.5%

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 8

Amenities

on-site laundry

Building Details

Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Skogman Commercial Group Iowa City
Listed By: Mark Lynch · License #IA S60565000
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:50PM

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 Skogman Commercial Group Iowa City

Investment Insights

Based on property information with market context.

This mixed-use building contains five commercial suites on the main floor and eight apartments above, creating a combination of commercial and residential occupancy within one property. An elevator serves the building, and on-site laundry is available for residents. The property is fully leased and has a reported 6.5% cap rate.

Located at 1901 Broadway St in Iowa City, the building is near a bus line, Highway 6, and a large shopping center. The configuration places commercial suites and apartments in a single, vertically integrated asset with both retail and residential components.

Key Highlights

  • Five commercial suites occupy the main floor
  • Eight apartments are located on the upper floor
  • Fully leased mixed‑use property

Property Analytics

Current Use

Furaha Market 2 Clothing Store New Age Restaurants Restaurant Up in smoke Broadway (Bike/Boat/Book/etc) Store GYRO HICKS Restaurant JKM Braiding and Fashion Hair Salon

Suggested Use

Top Pick Pharmacy Real Estate Agency (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store Big Box & Wholesale Store

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

8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

628
Businesses Nearby

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased property combines commercial suites with upper-floor apartments.
Where is this mixed-use property located?
The property is located at 1901 Broadway St Iowa City, IA.
What are key features of this property?
This property features: Five commercial suites occupy the main floor; Eight apartments are located on the upper floor; Fully leased mixed‑use property
(319) 331-0409 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message