Iowa City · Johnson County · active
Riverfront Crossing District Development Opportunity. This offering includes existing, highly usable improvements totaling approximately 14,000 SF, currently occupied with short-term leases, providing near-term income with long-term flexibility. Alternatively, the site may be redeveloped as a .58-acre building lot within the Riverfront Crossing (RFC) District, which features a form-based zoning overlay allowing for mid-rise mixed-use development. The RFC framework supports ground-floor commercial uses with apartments or condominiums above, up to 6-7 stories. An existing public alley bisects the property, offering additional vehicular access or the potential for abandonment, subject to City Planning Department & City Council approval. The location is exceptional; steps from shopping & dining, just blocks from downtown Iowa City & the University of Iowa main campus, placing this site at the center of one of the city's most active growth corridors. Assemblage Opportunity: This property may be combined with the adjacent parcel at 1030 Gilbert Street, providing an additional .55 acres of usable land, offered at $1,700,000, creating a larger-scale development footprint.
No seller disclosure is attached to this listing in the MLS. Ask the listing agent for the Seller’s Property Disclosure Statement before you write an offer.
Read the full disclosure yourself. This is an automated summary of one document, not the document itself, and not legal, structural, or inspection advice. It cannot show which boxes the seller checked, and it may miss or misread items. You must read the complete Seller’s Property Disclosure Statement before you make an offer and before you decide whether to order or waive any inspection. Waiving an inspection on the strength of this summary is not something we can support.
Documents are supplied by the listing brokerage through the ICAAR MLS and are reproduced here as filed. They are deemed reliable but not guaranteed.
321 Kirkwood Ave, Iowa City, IA, 52240