605 2nd Street 2.22 Acres of Commercial Land Offered at $2,950,000 in Coralville, IA 52241

2.2 acres of commercial development land on the Coralville Strip (Hwy 6 at 6th Ave) at 605 2nd Street. The zoning is C-PUD2/C2 and is ideal for a project with first floor retail/commercial uses and 5-floors of condo/apartments above. See the attached concept plan in the associated documents. The daily traffic count in front of this site is 27,300 cars per day with the site at a hard corner with traffic light. All utilities are to the site and a Phase II site assessment has been performed. Coralville notes on building requirements regarding environmental issues: After reviewing sections 8, 9, and 10 in the Phase II ESA, it’s my opinion the only mitigation measures would be: Requiring a vapor barrier under the foundation/slab Ensuring the building has no dwelling units or enclosed parking garage below grade Prohibiting new water wells on the site (already prohibited by City ordinance)