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Retail Space on Gilbert Street
For Sale
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405 South Gilbert Street, Iowa City, IA 52240

Retail space available for sale in Iowa City.

Property Size3,882 SF
Price / SF$386.40
Days on Market92

Property Features for 405 South Gilbert Street

General Information

Standard status Active
Size 3,882 SF
Property subtype Retail
Zoning RFC-SD
Investment Type Owner/User

Building Details

Year Built 1900
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Jeff Edberg · License #IA B33730000
Source: Crexi
Added: May 18 Changed: Aug 8 Last Checked: Aug 8 at 7:25AM

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 Lepic-Kroeger, REALTORS

Investment Insights

Based on property information with market context.

This retail space, with a total area of 3882 square feet, is available for sale. The owner is licensed to sell real estate in the state of Iowa. The property is located on South Gilbert Street in Iowa City. The owner or tenant is responsible for snow removal directly in front of the building.

Key Highlights

  • Year Built: 1900

Property Analytics

Current Use

Sanctuary Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Store Electrical Service HVAC Service Pet Store & 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

2,339
Businesses Nearby
102k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 44% Dining 33% Hotels & Casinos 23%
Kum & Go Shops & Services
16,225 visits/mo 0.2 miles
Starbucks Dining
14,510 visits/mo 0.4 miles
Hilton Garden Inn Hotels & Casinos
11,525 visits/mo 0.3 miles
U.S. Bank Shops & Services
9,793 visits/mo 0.4 miles
Blick Art Materials Shops & Services
7,268 visits/mo 0.4 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available for sale in Iowa City.
Where is this retail space located?
The property is located at 405 South Gilbert Street Iowa City, IA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Year Built: 1900
(319) 331-6187 Call to check price and availability
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