2203-2221 Muscatine Ave, Iowa City, IA 52240
2203-2221 Muscatine Ave, Iowa City, IA 52240
2203-2221 Muscatine Ave, Iowa City, IA 52240
2203-2221 Muscatine Ave, Iowa City, IA 52240
2203-2221 Muscatine Ave, Iowa City, IA 52240
2203-2221 Muscatine Ave, Iowa City, IA 52240
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Diana Salazar

Diana Salazar

+1(319) 722-1022
$ 1,900,000
Est. payment | /mo

0.41 Acres Lot

Save
$ 1,900,000
Est. payment | /mo
Save

0.41 Acres Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202602162

Year Built 1930

Annual Tax Amount $15,335

Tax Year 2024

Lot Size 0.405 Acres

Acres 0.87

Property Sub-Type Commercial

Property Description

Income producing multifamily property with strong long term redevelopment potential. The adjacent City owned parcel is also available. The combined site would create a signalized hard corner redevelopment opportunity with excellent visibility and traffic exposure. Rare opportunity to control a prominent intersection while generating income from the existing multifamily property. The land is .87 acres and with the City land it is another .20 acres for a total of 1.07 acres.

Location

State IA

County Johnson

Zoning CC2

Direction 2nd building on Muscatine west from corner of Muscatine and 1st Ave intersection

Interior

Heating Natural Gas

Cooling Central Air

Flooring Other

Exterior

Utilities Available Cable Available, Electricity Available, Sewer Available, City Water, None

Roof Type Composition

Building

Lot Size Range Half To One Acre

Structure Type Brick,Other

Schools

Elementary Schools Hoover

Middle Schools Southeast

High Schools City

Others

Tax ID 1014401014

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition Standard

Listed by Skogman Realty Co.

NEARBY SCHOOLS & PROPERTIES

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Diana Salazar
Diana Salazar

Agent | License ID: S67677000

+1(319) 722-1022

2530 Corridor Way Suite 202, Caralville, Iowa, 52241, United States

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2203-2221 Muscatine Ave