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Listing ID: 202202134
Price: $3,100,000
Status: Active
Address: 2205 E Grantview Dr 1-7
Unit Number: 1-7
City: Coralville
State: Iowa
Postal Code: 52241
SqFt: 26,409
Acres: 0.810
County: Johnson
8.15 CAP RATE on a 100% leased commercial property. There is one remaining vacant suite of 2,185 SF, that the seller will secure a 3-year lease with an acceptable offer. Easy access from Oakdale Blvd. The property is comprised of 7 commercial condos with a total of 26,406 square feet. Church on top floor is not included. Good visibility and plenty of parking. Join the growing professional community with neighbors of Business & Financial Strategies, Watts Development Group, Hugh, Hagan, and Prahm Law Firm.

Basic Features

Listing Price: $3,100,000
Address: 2205 E Grantview Dr 1-7
Unit Number: 1-7
City: Coralville
State: Iowa
Postal Code: 52241
County: Johnson
Zoning: CPUD-2
Area: Coralville
Year Built: 2006
Location: Other
Business: Food Services, Office Building, Other
Square Feet: 20, 000-50, 000 SqFt
Acres: 0.810
Lot Size: 1-2 Acres
Sale/Lease: For Sale
Rent/Lease: neither
Type of Lease: N/A
Rent/Lease Price: $3,100,000
Common Area Maintenance: 3.7
Days on Market: 7
Status: Active
Documents: Lease Avail
Possession: Negotiable
Possible Financing: Cash, Conventional, Exchange

Additional Features

Associated Document Count: 5
CI Features: Security System, Sprinkler System
Construction Company: Brick, Other
Utilities Available: Cable TV, Electricity, Natural Gas, Sewer, Water-City
Cooling: Central A/C
Heating: Gas
Floor Type: Concrete Slab/Grade
Insurance Expense per SqFt: 0.5
Lot Dimensions: condos
Property Sub Type: Commercial
Roof Type: Composition
Special Features: None
Tax ID: multiple
Tax Year Report: 2019
Variable Rate: no
Road Frontage: County/City Road

Zoning Info

© 2022 Iowa City Area MLS (ICAARMLS)
Information deemed reliable, but not guaranteed
Listing courtesy of Mark Lynch of Skogman Realty Co.

Contact - Listing ID 202202134

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Jeff Edberg

2346 Mormon Trek Blvd, Ste #2000
Iowa City, IA 52246
Phone: 319-331-6187
Phone Alt: 319-331-6187

Data services provided by IDX Broker

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