640 Hwy 1 W
Iowacity,
IA
52246
Property Details
| List Price: |
$2,300,000 |
| Beds: |
-- |
| Baths: |
-- |
| Status: |
Active |
SqFt: |
-- |
| Agency: |
Lepic-Kroeger, REALTORS |
Description/Comments
| Lot Size: |
2 acre(s) |
| Property Type: |
Commercial |
| Year Built: |
2007 |
| Notes: |
Former Farmers Savings Bank building at 640 Hwy 1 W, Iowa City is for sale. This space is highly visible and ideally located and configured for a bank, credit union or other financial institution. Daily traffic count is 23,400 cars per day and the zoning is CC2 allowing office and retail uses. The bank portion is vacant & consists of 5,277 SF plus a bank drive through of 660 SF. The bank suite is set up with 7 hard wall offices, several cubicles, teller stations, drive-through stations, work areas, conference room, electronic demark room, mechanical and storage areas. There is a cash vault, main vault, security system and personal property expected in a bank. The furniture, security cameras, cash machine change counter and ATM are negotiable. The building generates income from 2 long-term leases. Jensen Eye Care occupies 3,137 SF with exceptional build out, There is a second lease for 500 ft of exterior space for a cell tower. Lease information is available after first signing an NDA provided in Assoc. Docs. Jensen Eye Care requires 24 hour notice for showings with confirmation. See floor plans in photos. |
| MlsNumber: |
202400533 |
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| Listing Provided By: |
Lepic-Kroeger, REALTORS, original listing |
| Name: |
Lepic-Kroeger, REALTORS |
| Phone: |
(319) 351-8811 |
| Office Name: |
Lepic-Kroeger, REALTORS |
| Office Phone: |
(319) 351-8811 |
| Agent Name: |
Jeff Edberg |
| Disclaimer: |
Copyright © 2024 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. |
