22 S Linn St, Iowa City, IA 52240
COMMERCIAL - IowaCity, IA
- Added:
- Mar 2, 2026
- Days on Market:
- 122
- Last Refresh:
- Jul 2 at 12:06 pm
Property Features for 22 S Linn St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CB10
- Interior features
- Elevator, ZeroStepEntry
- Accessibility
- Accessible Elevator Installed
- Standard status
- Active
- APN
- 1010440009
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 35479
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2000
- Flooring type
- Carpet
- Building materials
- Brick
Listing agent Jeff Edberg License #IA B33730000 (319) 331-6187
Listing office Lepic-Kroeger, REALTORS 2346 MORMON TREK BLVD SUITE #2000, Iowa City, IA (319) 351-8811
Listing date Mar 2, 2026
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.
HighLights
- 3,890 SF downtown Iowa City office condo located on the elevator‑served 3rd floor of the Tower Parking Garage
- Built‑out layout with reception, open work areas, private offices, conference room, storage, and kitchen
- Corner location with lots of natural light
- Elevator and zero‑step entry features, including an accessible elevator installed
- Brick construction with central air and forced‑air natural gas heating
- Deeded 4 parking spaces with the suite; current owner leases 10 additional spaces from the City; zoning allows conversion to a single‑family condo with proper modifications
Overview
The property is situated downtown at 22 S Linn St in Iowa City. There is a walkway connection to the senior center. Zoning is listed as CB10.
For an owner-occupant or an operating office user, the current layout supports a professional reception, collaborative work areas, and dedicated private offices with a conference room. The CB10 zoning also notes that the space may be converted into a single-family condo with proper modifications. The unit is available immediately for sale.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.0k | $18.00 |
| − Vacancy | −$10.5k | −$2.70 |
| EGI | $59.5k | $15.30 |
| − OpEx | −$14.9k | −$3.82 |
| NOI | $44.6k | $11.48 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Iowa City
- County
- Johnson
- State
- Iowa
- Longitude
- -91.531401
- Latitude
- 41.660746
