305 Prentiss st - Commercial LAND FOR SALE


Iowa City, IA 52240- Downtown Iowa City69,260 SF
$4,750,000 USD
319-331-6187
305 Prentiss st, Iowa City, IA for Sale
$4,750,000 USD
Commercial LAND - FOR SALE
1/6
69,260 SF

305 Prentiss st
Iowa City, IA 52240
Downtown Iowa City


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/ACRE

$2,987,439/AC

PRICE/SF

$69 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

305 E Prentiss, 315 E Prentiss, 625 S Gilbert

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

1.59 AC

LAND SF

69,260 SF

OFFSITE IMPROVEMENTS

-

ZONING

CI1, CC2, RFC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jeff EdbergLepic-Kroeger, RealtorsMore Info
319-331-6187

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Jeff EdbergLepic-Kroeger, RealtorsMore Info
319-331-6187

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.