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Elevator-Served Office Unit
For Lease
$525/Mo

209 E Washington St, Iowa City, IA 52240

CommercialLease, IowaCity, IA

Space Size255 SF
Lot Size0.01 Acres
Days on Market12

Property Features for 209 E Washington St

General Information

Property type Commercial Lease
Property subtype Other
Zoning CB10
Interior features Elevator, ZeroStepEntry
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 IowaCity
Standard status Active
APN 1010377005
Lot size 0.01 Acres

Taxes and HOA fees

Tax Year 2024

Utilities

Heating system Forced Air, Natural Gas
Cooling system Central Air

Amenities

wall of shelving
shared lobby area
restroom
kitchenette

Building Details

Year built 1918
Flooring type Carpet, Tile
Building materials Brick
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Jeff Edberg · License #B33730000
Added: Aug 14 Changed: Aug 21 Last Checked: Aug 25 at 7:06PM
MLS# 202605012

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.

Investment Insights

Based on property information with market context.

This 255-square-foot second-floor office provides a private workspace within the Paul Helen Building, a brick structure completed in 1918. Built-in shelving adds dedicated storage or display capacity, while tile and carpet flooring, central air, and forced-air natural gas heating support everyday office use. Elevator service and zero-step entry are available.

The property is located at 209 E Washington St in downtown Iowa City, just off the Ped-Mall. Tenants share a lobby, restroom, and kitchenette, creating practical common-area support without requiring those facilities within the individual office. The suite is scheduled to become available December 1, 2026.

Key Highlights

  • 255 SF second‑floor office in the Paul Helen Building
  • Built‑in wall shelving for storage or display
  • Elevator service 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

NNN (Triple Net)
Lease Type
$3.71 /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

Market

Lease Benchmarks for Iowa City, IA

$20.31 /SF/Yr
Avg Asking Price
$9–$40 /SF/Yr
Price Range
3,085 SF
Avg Space Size

This space is priced 22% above the average of $20.31 /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
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Frequently Asked Questions

What type of property is this?
Office units - Private second-floor office with built-in shelving, shared amenities, and elevator access in a historic brick building.
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 in the Paul Helen Building; Built‑in wall shelving for storage or display; Elevator service with zero‑step entry
More about this property
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