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673 Westbury Dr 5,434 SF Office/Medical Condo Unit Offered at $1,464,109 CAD in Iowa City, IA 52245
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | No. Parking Spaces | 50 |
| Sale Type | Owner User |
| No. Parking Spaces | 50 |
Description
Eastside office suites at Olde Towne Village with high visibility from Rochester Ave/Herbert Hoover Hwy. This offering is a combination of two attractive & well maintained suites. The top floor suite of 3855 SF plus 1579 SF on the 1st floor suite. The building has a common entry & is elevator served. Top floor has 11 private windowed offices, kitchenette, large conference room, waiting area, reception & 3 ADA bathrooms. The first floor has 4 large private windowed offices, reception & 2 ADA bathrooms. Built in 2007 & in very good condition. There are 50 off-street parking spaces serving this building which has a total of 7,710 square feet.
Sale Notes
There is a 1st floor unit owned by James Investment Group that is not part of this offering. If leased at a conservative market rent of $12 NNN, the CAP rate is over 11%, although it is ideal for an owner user. Available the end of Feb 2026.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 102 & 201 | 5,434 SF | Office/Medical | $1,464,109 CAD ($269.43 CAD/SF) | - |
Unit 102 & 201
| Unit Size |
| 5,434 SF |
| Condo Use |
| Office/Medical |
| Price |
| $1,464,109 CAD ($269.43 CAD/SF) |
| NOI |
| - |
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Unit 102 & 201
| Unit Size | 5,434 SF |
| Condo Use | Office/Medical |
| Price | $1,464,109 CAD ($269.43 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| No. Parking Spaces | 50 |
| Description | |
| Eastside office suites at Olde Towne Village with high visibility from Rochester Ave/Herbert Hoover Hwy. This offering is a combination of two attractive & well maintained suites. The top floor suite of 3855 SF plus 1579 SF on the 1st floor suite. The building has a common entry & is elevator served. Top floor has 11 private windowed offices, kitchenette, large conference room, waiting area, reception & 3 ADA bathrooms. The first floor has 4 large private windowed offices, reception & 2 ADA bathrooms. Built in 2007 & in very good condition. There are 50 off-street parking spaces serving this building which has a total of 7,710 square feet.</li></ul> | |
| Sale Notes | |
| There is a 1st floor unit owned by James Investment Group that is not part of this offering. If leased at a conservative market rent of $12 NNN, the CAP rate is over 11%, although it is ideal for an owner user. Available the end of Feb 2026.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 8,000 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 4,000 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 2008 |
| Building Class | A | Lot Size | 0.44 AC |
| Zoning | CC-2 | ||
| Total Building Size | 8,000 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | A |
| Floors | 2 |
| Typical Floor Size | 4,000 SF |
| Year Built | 2008 |
| Lot Size | 0.44 AC |
| Zoning | CC-2 |
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
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673 Westbury Dr
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