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This retail and residential investment for sale at 1010 Martin Street in Iowa City, Iowa, presents a unique 3-story asset well-suited for investors interested in a mixed-use portfolio. The building combines commercial space suitable for a restaurant operation with residential components, providing diverse utility for a business owner or an operator looking to capitalize on the steady demand of the local market. Iowa City maintains a stable economy underpinned by its status as a regional educational and healthcare hub, ensuring consistent foot traffic and rental demand throughout the area. Positioned within the 52245 zip code, the property offers a versatile footprint for a tenant-occupied restaurant or residential rental strategy. The multi-story layout allows for a functional separation of commercial and living spaces, making it a viable option for those seeking an owner-user arrangement or a long-term income property. The surrounding neighborhood benefits from the consistent economic growth characteristic of this Iowa metro region, providing a solid foundation for commercial stability.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.