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1104 S Gilbert St

Iowa City, IA 52240
  • $1,975,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 2603468
UPDATED: 19 min ago
$1,975,000
  • 0
    BEDS
  • 0.77
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 14,879
    SQFT
  • $133
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Description

Exceptional development opportunity in the heart of Iowa City! This high-visibility commercial property includes three commercial parcels and offers endless potential for investors, developers, or owner-occupants seeking a prime location and excellent accessibility. The property features fully leased multi-family units with month-to-month leases, with future flexibility for redevelopment or repositioning. Current commercial tenants include Old Screen Printers, Summer of the Arts, and Drip Couture, with the Coin Shop space scheduled to be vacated in July. Just minutes from the University of Iowa campus, this property benefits from steady pedestrian and vehicle traffic, outstanding visibility, and close proximity to shopping, dining, and public transportation. Ample parking and flexible commercial space make this an ideal setting for retail, mixed-use redevelopment, office, restaurant, or investment purposes.

Monthly Payment Calculator

© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Key Realty. Data last updated: 2026-06-13T11:42:50.597.
www.buyandselliowa.com/homes/176569877
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1104 S Gilbert St Iowa City, IA 52240

  • Price: $1,975,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 19 min ago
  • MLS #: 2603468
0
Beds
0
Baths
0
½ Baths
0.77
Acres
14,879
SQFT
$133
$/SQFT
1950
Built
Neighborhood:
Iowa City/Coralville
County:
Johnson
Area:
Iowa City/Coralville
Property Description
Exceptional development opportunity in the heart of Iowa City! This high-visibility commercial property includes three commercial parcels and offers endless potential for investors, developers, or owner-occupants seeking a prime location and excellent accessibility. The property features fully leased multi-family units with month-to-month leases, with future flexibility for redevelopment or repositioning. Current commercial tenants include Old Screen Printers, Summer of the Arts, and Drip Couture, with the Coin Shop space scheduled to be vacated in July. Just minutes from the University of Iowa campus, this property benefits from steady pedestrian and vehicle traffic, outstanding visibility, and close proximity to shopping, dining, and public transportation. Ample parking and flexible commercial space make this an ideal setting for retail, mixed-use redevelopment, office, restaurant, or investment purposes.
Exterior Features

Construction Materials Block Frame Concrete Roof Asphalt Metal Shingle

Interior Features

Basement YN No Cooling Central Air Wall / Window Unit(s) Cooling YN Yes Flooring Carpet Concrete Heating Gas Steam Heating YN Yes

Property Features

Association YN No Inclusions Building Land Lease Amount 0 Lease Considered YN No Property Sub Type Office Property Sub Type Additional Office Retail Investment Sewer Public Sewer Tax Annual Amount 16206 Utilities Electricity Available Natural Gas Available Water Source Public Zoning C Zoning Description C

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Rich Hatch of LEPIC-KROEGER, REALTORS: 319-351-8811.
© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Key Realty. Data last updated: 2026-06-13T11:42:50.597.
 
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Key Realty
4403 1st Av SE, #300
Cedar Rapids IA, 52402