Restaurant Space with Open
For Lease
$4,600/Mo
624 S Gilbert Street #1E, Iowa City, IA 52240
Existing food-service infrastructure and mixed-use zoning support a range of commercial configurations.
Space SizeContact for details
Days on Market536
Property Features for 624 S Gilbert Street #1E
General Information
Standard status
Active
Zoning
Mixed Use
Additional Details
Second-Generation Restaurant
Yes
Amenities
Zero Step Entry
Building Details
Year Built
1986
Listing Agency:
Westwinds Real Estate Services, Inc.
(319) 354-3792
Listed By:
Teague Case
(319) 321-6824
Source:
Kalonarealty
Added: May 8, 2025
Changed: Oct 24
Last Checked: Oct 24 at 3:34PM
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 Westwinds Real Estate Services, Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This restaurant space offers more than 3,000 square feet in an open layout, with existing infrastructure suited to food service. The unit was most recently used as a restaurant and includes parking. Its zoning is Mixed Use.
Located at 624 S Gilbert Street #1E in Iowa City, the property was built in 1986.
Located at 624 S Gilbert Street #1E in Iowa City, the property was built in 1986.
Key Highlights
- More than 3,000 square feet of commercial space
- Open floor plan with existing food‑service infrastructure
- Most recently used as a restaurant
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,339
Businesses Nearby
102k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Similar Off Market Nearby
- River Room Café — Iowa Memorial Union, 125 N Madison St, Iowa City, IA 52242
- Burge Market Place — Burge Residence Hall, 301 N Clinton St, Iowa City, IA 52242
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing food-service infrastructure and mixed-use zoning support a range of commercial configurations.
Where is this conventional restaurant located?
The property is located at 624 S Gilbert Street #1E Iowa City, IA.
What is the lease rate?
The lease rate is $4,600/Mo.
What are key features of this property?
This property features: More than 3,000 square feet of commercial space; Open floor plan with existing food‑service infrastructure; Most recently used as a restaurant
