321 Kirkwood Ave #1020 Maiden Ln, Iowa City, IA 52240
321 Kirkwood Ave #1020 Maiden Ln, Iowa City, IA 52240
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Tony Lueken

Tony Lueken

+1(319) 480-3875
$ 850,000
Est. payment | /mo

0.32 Acres Lot

Save
$ 850,000
Est. payment | /mo
Save

0.32 Acres Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202605852

Year Built 1953

Annual Tax Amount $23,494

Tax Year 2025

Lot Size 0.321 Acres

Acres 0.58

Lot Dimensions Irregular

Property Sub-Type Commercial

Property Description

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 U of I main campus, placing this site at the center of one of the city's most active growth corridors. This property may be combined with the adjacent parcel at 1030 Gilbert Street, providing an additional .55 acres of usable land, creating a larger-scale development footprint.

Location

State IA

County Johnson

Zoning CC2, CI1, RFC

Direction At the southwest corner of the Kirkwood Ave & Maiden Ln intersection.

Interior

Heating Natural Gas, Forced Air

Cooling Central Air

Flooring Other

Exterior

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

Roof Type Composition,Metal

Building

Lot Size Range Half To One Acre

Structure Type Block,Brick,Frame

Others

Tax ID 1015301001

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by Lepic-Kroeger, REALTORS

NEARBY SCHOOL & BUSINESS

Tony Lueken

+1(319) 480-3875

tony@luekenre.com

4515 N River Blvd NE, Cedar Rapids, IA 52411, USA

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321 Kirkwood Ave #1020 Maiden Ln