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🏢 Just listed — Commercial Mixed-use for sale in Iowa City, IA.

📍 321 Kirkwood Avenue, Iowa City, IA
🏷  Commercial Mixed-use · For Sale
💰 $1.80M

Riverfront Crossing District Development Opportunity | 0.58 Acres / 14,000 SF

Full financials, photos, and broker contact:
https://commrty.com/property/iowa/iowa-city/321-kirkwood-ave-1020-maiden-ln-2528345-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=321-kirkwood-ave-1020-maiden-ln-2528345

#IowaCity #Mixeduse #CommercialRealEstate #CRE #Investment

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Home/IA/Iowa City

321 Kirkwood Avenue

Iowa City, IA 52240

Asking Price

$1.80M

Asset Type

Commercial Mixed-use

Class

Class B

What's Special

Riverfront Crossing District Development Opportunity | 0.58 Acres / 14,000 SF

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

4.44%

DSCR

0.75

Underwater

Cash-on-Cash

-4.98%

Monthly Payment

$8,905.418

Annual Cash Flow

$-26,865.015

Location & Travel Times

Similar Properties Nearby

📍

$2.50M

Class B

13 S LINN ST, IOWA CITY, IA 52240-3941

Listed by Owner · For Sale