2545 Dodge StIowa City, IA 52245

  • Commercial real estate
For Sale
$1,300,000 View listing

Property Details for 2545 Dodge St

Property type
Commercial real estate
APN
736309004
APU
736309004

Description

This exceptional 5,060 square foot office building, located at 2545 N Dodge St, Unit C, Iowa City, IA 52245, presents a unique investment opportunity. Built in 2018, this two-story building sits on a 0.38-acre lot (APN: 0736309100) and is zoned CH1. The property boasts a desirable location, conveniently situated near Jimmy Johns, Rick Larew Internal Medicine, ENT, Eye Associates, Preucil School, and other medical and office facilities. The building features both front and rear staircases and elevator access. The current offering is a build-out ready, first-generation suite on the top floor. The owner will provide a "white box" finish including insulation, sheetrock, HVAC (set but not distributed), 400-amp electrical panels, and two rough-in bathrooms. A tenant allowance of $50 per square foot is also available. Alternatively, the property is available for lease at $15.00 per square foot, NNN. The asking price for the building is $1,300,000, representing a price per square foot of $256.92. This presents a compelling opportunity for owner-occupancy or investment. The property's strategic location and modern construction make it an attractive proposition for a variety of businesses. The flexible build-out options cater to diverse tenant needs, maximizing potential returns.

Location Insight

City
Iowa City
County
Johnson
State
Iowa
Latitude
41.6896
Longitude
-91.4961
CBSA code
26980
CBSA name
IOWA CITY, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$34,838
$118,960
$865,840
$984,800
-
$118,960
$865,840
$984,800

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