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

> **TL;DR:** commercial, $850,000, built 1953.
> A/C. Est. $4,546/mo. Listed 31 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $850,000 |
| Year Built | 1953 |
| Lot Size | 25,265 sqft (0.58 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 31 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,298 |
| Estimated Insurance | $248 |
| **Total** | **$4,546** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1953
- 0.58 acre lot

## Description

### Agent 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

- **Address:** 321 Kirkwood Ave #1020 Maiden Ln, Iowa City, IA 52240
- **County:** Johnson
- **Coordinates:** 41.649242, -91.53117
- **Google Maps:** https://www.google.com/maps?q=41.649242,-91.53117

## Listing Agent

- **Name:** Jeff Edberg
- **Brokerage:** Lepic-Kroeger, REALTORS
- **Broker Phone:** (319) 351-8811

## Photos

![321 Kirkwood Ave #1020 Maiden Ln - Photo 1](http://lh.rdcpix.com/17a5444f446dbe6ddaa8411d64ab68c9l-f3726372983r.jpg)

![321 Kirkwood Ave #1020 Maiden Ln - Photo 2](http://lh.rdcpix.com/17a5444f446dbe6ddaa8411d64ab68c9l-f2912431715r.jpg)

---

**MLS#:** 202605852 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/321-kirkwood-ave-iowa-city-ia-52240-bb5fd948d2b44efcb12d8d8d082fe13c)

---

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