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This 1.59 acres of land for redevelopment offering is within the Riverfront Crossing District & near city center at 305 & 315 E Prentiss St & 625 S Gilbert St, Iowa City. The site has been approved by the City of Iowa City for 382 beds in 192 units (50 one-bed, 94 two-bed and 48 three-bed). This requires 298 parking spaces and 150 of those were proposed to be built on-site with 148 using fee-in-lieu so construction is not required for those. Additionally, 121 bike parking spaces are required. All parties are encouraged to confirm City approvals with the City of Iowa City. The current owner is going to raze all buildings on site before closing at current owner's cost. See associated documents for comparable sales.
FORECLOSURE
DAYS ON MARKET | 3 | LAST UPDATED | 10/10/2025 |
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TRACT | County Seat Addition | YEAR BUILT | 0 |
COMMUNITY | IowaCity | COUNTY | Johnson |
STATUS | Active | PROPERTY TYPE(S) | Lot/Land/Acreage |
ADDITIONAL DETAILS | |
AREA | IowaCity |
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HOA DUES | Annually |
LOT | 1.59 acre(s) |
LOT DIMENSIONS | Irregular |
SUBDIVISION | County Seat Addition |
TAXES | 109454 |
UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Jeff Edberg, Lepic-Kroeger, REALTORS
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