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Elevator-Served Office Suite
For Lease
$500/Mo
Pending

209 E Washington St, Iowa City, IA 52240

Commercial Lease, Iowa City, IA

Space Size150 SF
Lot Size0.00 Acres
Days on Market96

Property Features for 209 E Washington St

General Information

Property type Commercial Lease
Property subtype Other
Zoning CB10
Interior features Elevator, Zero-Step Entry
Accessibility Accessible Elevator Installed
Directions Located within the Paul Helen Building at the intersection of Washington St and Dubuque St in downtown Iowa City, north edge of the Ped Mall.
Subdivision Iowa City
Standard status Pending
APN 1010377005
Lot size 0.00 Acres

Taxes and HOA fees

Tax Year 2024

Utilities

Utilities Cable Available
Heating system Forced Air, Natural Gas
Cooling system Central Air

Amenities

shared lobby area
RR
kitchenette

Building Details

Year built 1918
Flooring type Tile - Ceramic, Carpet
Building materials Brick
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Jeff Edberg
Added: Jul 16 Changed: Oct 16 Last Checked: Oct 19 at 12:06PM
MLS# 202604443

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.

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Investment Insights

Based on property information with market context.

This 150-square-foot office occupies the second floor of a brick building constructed in 1918. The individual workspace has access to a shared lobby, restroom, and kitchenette. An elevator serves the building, and accessibility features include an accessible elevator and zero-step entry. Interior finishes include ceramic tile and carpet, with forced-air natural gas heating and central air conditioning.

The office is at 209 E Washington St in downtown Iowa City, just off the Ped-Mall. CB10 zoning applies, and cable service is available.

Key Highlights

  • 150 SF private office on the second floor
  • Elevator‑served building with zero‑step entry
  • Shared lobby, restroom, and kitchenette

Property Analytics

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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 Storage Facility Butcher 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

NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,614
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Iowa City, IA

$22.48 /SF/Yr
Avg Asking Price
$9–$59.5 /SF/Yr
Price Range
2,176 SF
Avg Space Size

This space is priced 78% above the average of $22.48 /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

Frequently Asked Questions

What type of property is this?
Office unit - A private second-floor workspace shares access to a lobby, restroom, and kitchenette.
Where is this office unit located?
The property is located at 209 E Washington St Iowa City, IA.
What is the lease rate?
The lease rate is $500/Mo.
What are key features of this property?
This property features: 150 SF private office on the second floor; Elevator‑served building with zero‑step entry; Shared lobby, restroom, and kitchenette
More about this property
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