824 Orchard Street

IowaCity, IA 52246
$235,000
Well-located small NNN in Iowa City's established commercial and service corridor, with easy access and good visibility off Orchard Street. Priced at $235,000 reflecting a 7.14% cap rate on current income. Current NNN lease runs through March 2027 with a renewal option in place. Depending on how the tenancy playsRead MoreRead Less
Courtesy of 319-331-0409, 319-625-6427
Listing Snapshot
Days Online
20
Last Updated
Property Type
Commercial
Lot Size
0.05 Acres
Year Built
2001
MLS Number
202605068
30 Days Snapshot Of 52246
$344k
+25%
(avg) sold price
20
0%
homes sold
73
-24%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 2001, Construction Materials: Block
Cooling
Cooling: CentralAir, OfficeAreaOnly
Floors
Flooring: ConcreteSlabGrade
Heating
Heating: NaturalGas
Lot
Square Feet: 2,280, Dimensions: Irregular, Area: 0.35, 0 acres
Property
Zoning: Commercial, Parcel Number: 1016194016
Roof
Roof: Composition
Taxes
Annual Tax Amount: $0, Tax Year: 2023
Utilities
Utilities: SewerAvailable, PhoneAvailable, UndergroundUtilities, CityWater
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Gwen Johnson
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