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Eastside office suites at Olde Towne Village with high visibility from Rochester Ave/Herbert Hoover Hwy. This offering is a combination of two attractive & well maintained suites. The top floor suite of 3855 SF plus 1579 SF on the 1st floor suite. The building has a common entry & is elevator served. Top floor has 11 private windowed offices, kitchenette, large conference room, waiting area, reception & 3 ADA bathrooms. The first floor has 4 large private windowed offices, reception & 3 ADA bathrooms. Built in 2007 & in very good condition. There are 50 off-street parking spaces serving this building which has a total of 7,710 square feet. There is a 1st floor unit owned by James Investment Group that is not part of this offering. If leased at a conservative market rent of $12 NNN, the CAP rate is over 11%, although it is ideal for an owner user. Available after Feb 1, 2026.
| DAYS ON MARKET | 19 | LAST UPDATED | 12/29/2025 |
|---|---|---|---|
| YEAR BUILT | 2007 | COMMUNITY | IowaCity |
| COUNTY | Johnson | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | IowaCity |
| CONSTRUCTION | Brick, Frame |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Elevator |
| LOT DIMENSIONS | Irregular |
| TAXES | 38494 |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Underground Utilities |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Jeff Edberg, Lepic-Kroeger, REALTORS
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Listing information is deemed reliable, but not guaranteed accurate by the MLS.
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