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About This Home
This land at 305 E Prentiss St in IowaCity, IA is listed for $4,750,000 (1.59 acres).
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.
Key Features
- 1.59 acre lot
Location
305 E Prentiss St
IowaCity, IA 52240
County Seat Addition
Questions & Answers
This 0-bedroom, 0-bathroom land at 305 E Prentiss St is listed at $4,750,000. The estimated monthly payment is $20,583 based on 20% down at 6.5% interest.
Key features include: 1.59 acre lot.
This property is listed by Jeff Edberg and can be reached at 3193316187 or jeff@icrealestate.com.
