615 Highway 1 W Iowa City, IA 52246 • Commercial - Business • Active $1,690,000

Description

This unique commercial property offers exceptional flexibility for a variety of business needs. One side features two large bays measuring approximately 85' deep by 60' wide, along with a small wash bay/storage area. Separating the space is approximately 2,700 sq ft of office area, leading to the opposite side which includes three individual bays?two equipped with their own bathrooms. The building is serviced by 3-phase electric, making it ideal for a range of commercial or light industrial uses. Above the office space are four units?two 2-bedroom and two 1-bedroom?currently utilized as offices but easily converted back to apartments for additional income potential. The layout allows an owner to operate their business in one portion while leasing out the remaining space. Added outdoor parking and storage space provide a rare advantage not commonly found in commercial condo settings. A versatile property with multiple income streams and room to grow?opportunities like this don't come around often.

Property Highlights