Address
5050 SE highway 6 Iowa City, IA
Price
$ 1,999,250
Property Attributes
  • MLS#202103102
  • TypeCommercial
  • CountyJOHNSON
  • CityIowa City
  • AreaIowa City
  • Zip52240
  • StyleCommercial
  • Year Built2012
  • Taxes$ 10170
  • Price$ 1,999,250
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6000
  • Lot Size20 Acres
Listing Provided Courtesy Of:
Urban Acres Real Estate
Data Source:
Iowa City Area Association of REALTORS
Property Description

Rare opportunity is an over used cliché in this industry, Not this time! These two parcels offer an investor the opportunity to buy a thriving historic business and 20 acre parcel with room to grow. There is the preschool business income, farm income plus apartment income all the while, living in a like new home perched overlooking a private pond. 8 acres remains undeveloped. The original farm house, which serves as the school has been thoroughly remodeled. Outbuildings are filled with an array of farm animals to inspire a young mind. The ponds has fish and fowl taking residence. This is an investment and a lifestyle. In the Iowa City School District and just minutes to town. Hard paved road. 5048 Hwy 6 east is included in this sale, parcel # 0933251003

Elementary School Middle School High School
Hoover Elementary School Southeast Middle School City High School
Price History
5/22/2021 Listed $1,999,250

General Features

Agent First Name Whit
Agent Last Name Lovelace
Bank Owned NO
City Iowa City
Cooling Central A/C
County Johnson
DOM 30
Directions East of Iowa City just past the Utah Ave
Elementary School Hoover
Heating Forced Air, Gas
High School City
Listing Area Iowa City
Location Freestanding
Middle School Southeast
Postal Code 52240
Primary City Iowa City
Property Type COMMERCIAL
Road Frontage State Highway
Roof Composition
Sale/lease For Sale
Showing Instructions ShowingTime
Special Features Historical
Status Active
Status Active
Street Name highway 6
Subdivision IA
Type Commercial
Utilities Propane-Owned, Septic, Well-Private
Year Built 2012
Zoning Ag + Overlay

Interior Features

Internet Yes

Exterior Features

Photo Count 50
Lot Dimensions 20 Acres ML
Lot Size 10-20 Acres
Lot Size Area 20

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 52240

Price
AVG $240K
$2M
Taxes
AVG $11,143
$10,170
Visits
AVG 8
8
Year Built
AVG 1986
2012

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