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Second-Floor Office Unit
New
For Lease
$525/Mo

209 E Washington St, Iowa City, IA 52240

Compact downtown workspace with elevator access, shared lobby amenities, and CB10 zoning.

Space Size255 SF
Days on Market5

Property Features for 209 E Washington St

General Information

Standard status Active
Size 255 SF
Net Rentable 255 SF
Elevators Yes
Property subtype Com Lease
Zoning CB10

Space & Availability

Available Space 255 SF
Contiguous Space 255 SF
Floor 2
Space Use Office
Available From 2026-12-01
Private Offices 1

Lease Terms

Lease Rate $525 /USD/MO
Monthly Rent $525
Rent per SF/Year $24.71

Additional Details

Utilities to Site Yes

Amenities

shared lobby
restroom
kitchenette
Carpet,CeramicTile
Elevator,ZeroStepEntry
Irregular
CountyRoad,Paved

Building Details

Year Built 1918
Listing Agency: Miehe Commercial Real Estate
Listed By: Nicki Kramer
Source: Pinnaclerealtyia
Added: Aug 14 Changed: Aug 17 Last Checked: Aug 17 at 10:26AM

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 Miehe Commercial Real Estate

Investment Insights

Based on property information with market context.

This 255-square-foot office occupies the second floor of the Paul Helen Building at 209 E Washington St in Iowa City. The space includes a wall of shelving that can support storage or display needs, along with carpet and ceramic tile finishes. The building was constructed in 1918 and provides elevator service and zero-step entry.

Tenants have access to a shared lobby, restroom, and kitchenette. The property sits just off the Ped-Mall in downtown Iowa City, with paved county-road access. The office is scheduled to become available December 1, 2026, and is designated CB10.

Key Highlights

  • 255 SF second‑floor office
  • Wall of shelving for storage or display
  • Elevator‑served building with zero‑step entry

Property Analytics

Current Use

Lauri J. Lehn, ... Physician Possibilities Counseling: Rachael ... Psychotherapist Gregory L. Gullickson, ... Medical Clinic Minnesota Life Insurance ... Insurance Agency Easton Design Marketing & Advertising

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.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.71 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,194
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

Lease Benchmarks for Iowa City, IA

$17.5 /SF/Yr
Avg Asking Price
$9–$40 /SF/Yr
Price Range
3,134 SF
Avg Space Size

This space is priced 41% above the average of $17.5 /SF/Yr.

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 - Compact downtown workspace with elevator access, shared lobby amenities, and CB10 zoning.
Where is this office units located?
The property is located at 209 E Washington St Iowa City, IA.
What is the lease rate?
The lease rate is $525/Mo.
What are key features of this property?
This property features: 255 SF second‑floor office; Wall of shelving for storage or display; Elevator‑served building with zero‑step entry
More about this property
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