2203 Muscatine Ave, IowaCity, IA 52240

This is a mixed-use property right near the SWC of Muscatine and 1st Ave in Iowa City.  Other area businesses are Walgreens, Hy Vee, the new Kum N Go and a retail strip center.  The subject has a first-floor office space of approx. 1,860 square feet, an attached workshop serving the front office of approx. 1,836 square feet, and a detached building of approx. 2,000 feet.  There are two 2-bedroom apartments above the first office space building.  The approx. 5,600 feet of commercial space is currently occupied by the Hanger prosthetics business at $23.39 per foot (gross rent) for approximately 1-year.  If an owner/user wanted the space sooner, the Hanger will likely move before lease end.  The two apartments are each rented for $875 each, per month.  The lot is 80 x 150 or 12,000 and approximately 6,000 feet of that is in parking.