305 E Prentiss St, Iowa City, IA 52240
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305 E Prentiss St, Iowa City, IA 52240
305 E Prentiss St, Iowa City, IA 52240
305 E Prentiss St, Iowa City, IA 52240
305 E Prentiss St, Iowa City, IA 52240
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Ethan Graham

Ethan Graham

+1(319) 777-1254
$ 4,750,000
Est. payment /mo
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305 E Prentiss St Iowa City, IA 52240

1.59 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision County Seat Addition

MLS Listing ID 202506409

HOA Y/N No

Annual Tax Amount $109,454

Tax Year 2024

Lot Size 1.590 Acres

Acres 1.59

Lot Dimensions Irregular

Property Sub-Type Unimproved Land

Property Description

This 1.59 acres of land for redevelopment offering is within the Riverfront Crossing District & near city center at 305 & 315 E Prentiss St & 625 S Gilbert St, Iowa City. The site has been approved by the City of Iowa City for 382 beds in 192 units (50 one-bed, 94 two-bed and 48 three-bed). This requires 298 parking spaces and 150 of those were proposed to be built on-site with 148 using fee-in-lieu so construction is not required for those. Additionally, 121 bike parking spaces are required. All parties are encouraged to confirm City approvals with the City of Iowa City. The current owner is going to raze all buildings on site before closing at current owner's cost. See associated documents for comparable sales.

Location

State IA

County Johnson

Zoning CI1 CC2 RFC

Direction Just west of the Prentiss and Gilbert St intersection.

Rooms

Other Rooms None

Exterior

Community Features On Bus Line, Sidewalks, Street Lights, Close To School, Close To Shopping, Curbs

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, City Water

Present Use Other

Topography Other

Building

Lot Size Range One To Two Acres

Schools

Elementary Schools Longfellow

Middle Schools Southeast

High Schools City

Others

Tax ID Multi

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Real Estate Owned

Listed by Lepic-Kroeger, REALTORS
Ethan Graham

Ethan Graham

Agent

+1(319) 777-1254

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305 E Prentiss St