# 321 Kirkwood Ave, IowaCity, IA 52240

> **TL;DR:** land, $1,800,000. Est. $7,800/mo. Listed 87 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,800,000 |
| Lot Size | 25,265 sqft (0.58 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 87 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $7,800 |
| **Total** | **$7,800** |

## Property Highlights

- 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 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.

## Location

- **Address:** 321 Kirkwood Ave, IowaCity, 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
- **Phone:** 3193316187
- **Email:** jeff@icrealestate.com

## Primary Photo

![321 Kirkwood Ave - Primary Photo](http://lh.rdcpix.com/1b36963535b84f30d3fa12001026ff6fl-f2974071936r.jpg)

*5 total photos available on [listing page](https://www.propertysimple.com/listing/321-kirkwood-ave-iowacity-ia-52240-02600373)*

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**MLS#:** 202600373 | **Updated:** 2026-04-24
**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://www.propertysimple.com/listing/321-kirkwood-ave-iowacity-ia-52240-02600373)

---

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