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305 E Prentiss St, Iowa City, IA 52240

Iowa City
Local realty services provided by:CENTURY 21 Signature Real Estate
305 E Prentiss St,Iowa City, IA 52240
$4,750,000
  • 1.59 Acres
  • Lots / Land
  • Active
Listed by: jeff edberg, carmen krueger
Office: lepic-kroeger, realtors
MLS#:202506409
Source:IA_ICAAR

Price summary

  • Price:$4,750,000

About this home

This 1.59 acres of land for redevelopment offering is within the Riverfront Crossing District & near city center at 305 & 315 E Prentiss St & 625 S Gilbert St, Iowa City. The site has been approved by the City of Iowa City for 382 beds in 192 units (50 one-bed, 94 two-bed and 48 three-bed). This requires 298 parking spaces and 150 of those were proposed to be built on-site with 148 using fee-in-lieu so construction is not required for those. Additionally, 121 bike parking spaces are required. All parties are encouraged to confirm City approvals with the City of Iowa City. The current owner is going to raze all buildings on site before closing at current owner's cost. See associated documents for comparable sales.

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Home facts

  • Year built:92
  • Listing ID #:202506409
  • Added:174 day(s) ago
  • Updated:April 03, 2026 at 03:04 PM

Structure and exterior

  • Year built:92
  • Lot area:1.59 Acres

Schools

  • High school:City
  • Middle school:Southeast
  • Elementary school:Longfellow

Finances and disclosures

  • Price:$4,750,000
  • Tax amount:$109,454

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