521 Westbury Dr

Iowa City, IA, 52245

$1,358,000

$189 per ft²
$1,358,000
$189 per ft²
Pending
Pending
 - For Sale
carpenters-square
7,170 ft²
property_type
Commercial
calendar
Built 2007
Commercial strip leased investment with Restore Family Chiropractic, Forefront Dermatology and Shorts restaurant as tenants. There is currently 1,350 feet of space for lease. When the building is full it will be a 7.0% CAP rate. (pro forma located in assoc docs) The investment is an easy one as the exterior maintenance is handled by the Commercial Condo association, so the owner doesn't have to arrange for services. The building is in Olde Towne Village and is right next to Blackstone Restaurant, and across the street from a UIHC Urgent Care Clinic.
MLS® ID:
202204622
Listed:
8/9/22
Updated:
9/28/22
Lepic-Kroeger, REALTORS®
Adam Pretorius

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central A/C
Heating
Gas, Forced Air

Exterior/Building Features

Lot Size
0.5 acres lot
Roof
Other

Other Property Details

Area Name
Iowa City
Garage
No
Parking
N
View
N
County
Johnson
Utilities
Electricity, Natural Gas, Sewer, Water-City
Pool
No
Zoning
CC2

Property History

Date
Event
Price
Value
9/12/22
Pending
-
-

Courtesy of Lepic-Kroeger, REALTORS

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Adam Pretorius shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2022 Iowa City Area Association of REALTORS (ICAAR). All rights reserved.

Lepic-Kroeger, REALTORS®
Adam Pretorius
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