708 1St Ave Coralville, IA 52241
- Turn key restaurants
- 2,548 SF
- 1.64 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 708 1St Ave
- Year built
- 1971
- Construction
- FRAME
- Lot size
- 1.64 lot acres
- Property size
- 2,548 SF
- Property type
- Turn key restaurants
- APN
- 1005154008
- APU
- 1005154008
Description
This exceptional 1.64-acre commercial and residential land parcel presents a unique investment opportunity in the thriving Coralville/Iowa City market. Strategically located directly across from the Xtream Arena, a multi-functional arena utilized by the University of Iowa Hawkeyes, this property enjoys high visibility and accessibility. The site includes the existing Casa Azul Restaurant and land behind the Scooters Coffee location, offering potential for redevelopment or expansion. The property's proximity to the Iowa River Landing project further enhances its desirability. This offering is situated just north of and adjacent to 708 1st Ave, another available parcel (approximately 2 acres), presenting the possibility of acquiring a combined total of approximately 3.6 acres. Prospective buyers are responsible for conducting thorough due diligence regarding zoning, land use, utilities, and plot size. All aspects of the property should be independently verified before closing. The seller is motivated and open to working with serious, qualified buyers to facilitate a successful transaction. Bring all offers for consideration.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coralville
- County
- Johnson
- State
- Iowa
- Longitude
- -91.5668
- Latitude
- 41.6799
- CBSA code
- 26980
- CBSA name
- IOWA CITY, IA METROPOLITAN STATISTICAL AREA
