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Flexible Office Building
For Sale
$1,100,000

1916 Waterfront Dr, Iowa City, IA 52240

Distinctive office layout with abundant open areas and parking, with updates needed to realize its full potential.

Property Size13,010 SF
Price / SF$84.55
Days on Market164

Property Features for 1916 Waterfront Dr

General Information

Standard status Active
Size 13,010 SF
Property subtype Commercial
Zoning CI-1

Amenities

ConcreteSlabGrade,Carpet
1.37
CountyRoad

Building Details

Year Built 1983
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Ali Fortin
Source: Pinnaclerealtyia
Added: Mar 26 Changed: Sep 4 Last Checked: Sep 5 at 4:50AM

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.

1916 Waterfront Drive is an office building with a flexible, distinctive layout that includes abundant open areas. The space is described as requiring updates and improvements, making it suitable for a buyer or tenant looking to customize interior finishes and workflow.

The property includes parking intended for employees and visitors. Located at 1916 Waterfront Dr in Iowa City, it offers an office option with character rather than a conventional work environment.

As presented, the building’s configuration supports a range of workspace planning within its open-area framework, while acknowledging that improvements will be needed prior to occupancy.

Key Highlights

  • 1.37‑acre lot with county road frontage
  • Year built: 1983
  • Distinctive office layout with abundant open areas

Property Analytics

Current Use

Youth Emergency Shelter Social Service Agency Four Oaks Family ... Charitable Organization Frazier Lydia W Foster Care Service Afton Neufeld Foster Care Service Ellen Petersen Foster Care Service

Suggested Use

Top Pick Dental Office Real Estate Agency Big Box & Wholesale Store Building Supply Pharmacy HVAC Service

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

901
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 Office in Midwest region

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

What type of property is this?
Office building - Distinctive office layout with abundant open areas and parking, with updates needed to realize its full potential.
Where is this office building located?
The property is located at 1916 Waterfront Dr Iowa City, IA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 1.37‑acre lot with county road frontage; Year built: 1983; Distinctive office layout with abundant open areas
More about this property
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