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Two-Room Retail Suite
New
For Sale
$425,000

740 Community Dr, North Liberty, IA 52317

CommercialSale, NorthLiberty, IA

Property SizeContact for details
Lot Size1.59 Acres
Days on Market3

Property Features for 740 Community Dr

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-2-A
Interior features ZeroStepEntry
Directions From Penn St go S onto Community Dr, the building is on the left
Subdivision NWQuadrant
Standard status Active
APN 0612302003
Lot size 1.59 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11296

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Year built 2019
Flooring type Concrete
Building materials Brick, Frame
Roof type Metal
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Jeff Edberg · License #B33730000
Added: Oct 8 Last Checked: Oct 10 at 12:06AM
MLS# 202605987

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.

Suite C at 740 Community Drive offers approximately 2,220 square feet arranged as two large, open rooms. The suite has concrete flooring, a zero-step entrance, central air conditioning, and natural gas forced-air heat. The building was constructed in 2019, with brick and frame construction and a metal roof. The property is zoned C-2-A.

The suite is near the intersection of W Penn and Hwy 965. Tin Roost and Field Day Brewing Co. are nearby, while Artisan Insight Studio and Enrichment Therapy & Learning Center occupy neighboring spaces in the building. The property record lists a 1.59-acre lot.

Key Highlights

  • Approximately 2,220 SF in two large open rooms
  • C‑2‑A zoning
  • Zero‑step entry

Property Analytics

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Current Use

Enrichment Therapy & Learning ... Training Center

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Dental Office Hair Salon HVAC 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

592
Businesses Nearby

Demographics for 52317, IA

22,096
Population
9,125
Households
2.4
Avg Household Size
32
Median Age
54%
College-Educated
99%
High-School Grad
34.4 sq mi
ZIP Area
642
Density / Sq Mi
$108,156
Median Household Income
$57,950
Median Earnings
$1,221
Median Rent
$314,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Retail space - Two broad interior areas offer flexibility for retail, commercial, or service use.
Where is this retail space located?
The property is located at 740 Community Dr North Liberty, IA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Approximately 2,220 SF in two large open rooms; C‑2‑A zoning; Zero‑step entry
More about this property
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