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1020 Maiden Ln
Iowa City, IA 52240
321 Kirkwood Ave & 1020 Maiden Ln · Office Property For Sale


Executive Summary
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.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
9,300 SF
Building Class
C
Year Built
1953
Price
$1,800,000
Price Per SF
$193.55
Building Height
1 Story
Typical Floor Size
9,300 SF
Building FAR
0.37
Lot Size
0.58 AC
Opportunity Zone
Yes
Zoning
CC2 & CI1-RFC
Property Taxes
| Parcel Number | 1015301001 | Improvements Assessment | $537,230 |
| Land Assessment | $102,140 | Total Assessment | $639,370 |
Property Taxes
Parcel Number
1015301001
Land Assessment
$102,140
Improvements Assessment
$537,230
Total Assessment
$639,370
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