Lower-Level Office
For Lease
$1,750/Mo
506 E College St #Lower Level, Iowa City, IA 52240
Three offices, a reception area, and a kitchenette create a functional workspace layout.
Space SizeContact for details
Days on Market970
Property Features for 506 E College St #Lower Level
General Information
Standard status
Active
Total Parking Spaces
4
Zoning
CB-2
Lease Type
Gross
Space & Availability
Floor
Lower Level
Space Use
Office
Condition
Move-in Ready
Available From
Immediate
Private Offices
3
Lease Terms
Lease Rate
$1,750 /MO
Monthly Rent
$1,750
Amenities
kitchenette
reception area
storage
Building Details
Year Built
1947
Listing Agency:
Blank & McCune Real Estate
(319) 354-9440
Listed By:
Teresa Morrow · License #B35393000
(319) 530-6235
Source:
Kalonarealty
Added: Feb 28, 2024
Changed: Oct 24
Last Checked: Oct 24 at 3:12PM
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 Blank & McCune Real Estate
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Investment Insights
Based on property information with market context.
The lower-level office suite includes three offices, a reception area, a kitchenette, and storage. LVP flooring and carpet in the offices were recently installed, and large storefront windows bring the space to the street. The building dates to 1947.
The property is near downtown Iowa City, City of Iowa City offices, and New Pioneer Coop. Alley access is available from Van Buren Street, and the parking area accommodates four vehicles. Zoning is CB-2.
The property is near downtown Iowa City, City of Iowa City offices, and New Pioneer Coop. Alley access is available from Van Buren Street, and the parking area accommodates four vehicles. Zoning is CB-2.
Key Highlights
- Three offices, reception area, kitchenette, and storage
- Recently refreshed with LVP flooring and carpet in the offices
- Parking area accommodates 4 vehicles
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,533
Businesses Nearby
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Business Placement
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
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Market
Lease Benchmarks for Iowa City, IA
$23.51 /SF/Yr
Avg Asking Price
$9–$59.5 /SF/Yr
Price Range
1,712 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Three offices, a reception area, and a kitchenette create a functional workspace layout.
Where is this office unit located?
The property is located at 506 E College St #Lower Level Iowa City, IA.
What is the lease rate?
The lease rate is $1,750/Mo.
What are key features of this property?
This property features: Three offices, reception area, kitchenette, and storage; Recently refreshed with LVP flooring and carpet in the offices; Parking area accommodates 4 vehicles
