321 Kirkwood Ave, Iowa City, IA 52240
Local realty services provided by:CENTURY 21 Signature Real Estate
321 Kirkwood Ave,Iowa City, IA 52240
$1,800,000
- 0.58 Acres
- Lots / Land
- Active
Listed by: jeff edberg, carmen krueger
Office: lepic-kroeger, realtors
MLS#:202600373
Source:IA_ICAAR
Price summary
- Price:$1,800,000
About this home
Riverfront Crossing District Development Opportunity. This offering includes existing, highly usable improvements totaling approximately 14,000 SF, currently occupied with short-term leases, providing near-term income with long-term flexibility. Alternatively, the site may be redeveloped as a .58-acre building lot within the Riverfront Crossing (RFC) District, which features a form-based zoning overlay allowing for mid-rise mixed-use development. The RFC framework supports ground-floor commercial uses with apartments or condominiums above, up to 6-7 stories. An existing public alley bisects the property, offering additional vehicular access or the potential for abandonment, subject to City Planning Department & City Council approval. The location is exceptional; steps from shopping & dining, just blocks from downtown Iowa City & the University of Iowa main campus, placing this site at the center of one of the city's most active growth corridors. Assemblage Opportunity: This property may be combined with the adjacent parcel at 1030 Gilbert Street, providing an additional .55 acres of usable land, offered at $1,700,000, creating a larger-scale development footprint.
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Home facts
- Listing ID #:202600373
- Added:1 day(s) ago
- Updated:January 13, 2026 at 11:41 PM
Structure and exterior
- Lot area:0.58 Acres
Finances and disclosures
- Price:$1,800,000
- Tax amount:$20,898
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