$439,000 Calculate Payment
97 Commercial Dr Iowa City, IA 52246
General Commercial Residence
0.44 Acre Lot
Time on Site
Days on Market
Reduced with aggressive Seller-bring your offer! Leased investment with long term, quality tenant in place. Current term ends on 12-31-2023 with three 2-year options to renew with CPI adjustments. Building is 6,000 feet with approx. 1,200 feet of office and the balance in warehouse/storage/product...ion. Three doc doors and one OH door. Full HVAC in office space, radiant heat in warehouse area. Above ground gas storage and pump for tenant fleet. 7.1% cap rate investment return. Continue reading
Other, Steam Radiant, Other
Exterior / Lot Features
Additional Exterior/Lot Features
Extra Building/Shed, Loading Dock. Other, Country Road, Paved Road.
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Example seller's savings based on a total commission of 3.99% vs. a traditional 6%. It is subject to change based on agreement between seller and agent. More