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27204752
27204753

605 2nd St, Coralville, IA 52241

JE
IA IA B33730000
Lepic-Kroeger, REALTORS
Listed by Lepic-Kroeger, REALTORS
$2,950,000
260 days on market
Updated 71 days ago
Opportunity zone

605 2nd St, Coralville

Details
Property Type Land
Sub Type Commercial
Acreage 2.220
Zoning C-PUD2 / C2

Land | 2.22 acres

Marketing description

2.2 acres of commercial development land on the Coralville Strip (Hwy 6 at 6th Ave) at 605 2nd Street. The zoning is C-PUD2/C2 and is ideal for a project with first floor retail/commercial uses and 5-floors of condo/apartments above. See the attached concept plan in the associated documents. The 2022 daily traffic count in front of this site is 25,600 cars per day with the site at a hard corner with traffic light. All utilities are to the site and a Phase II site assessment has been performed.

Coralville notes on building requirements regarding environmental issues: After reviewing sections 8, 9, and 10 in the Phase II ESA, it’s my opinion the only mitigation measures would be: Requiring a vapor barrier under the foundation/slab Ensuring the building has no dwelling units or enclosed parking garage below grade Prohibiting new water wells on the site (already prohibited by City ordinance).

Listing Contacts

JE
IA IA B33730000
Lepic-Kroeger, REALTORS
Listed by Lepic-Kroeger, REALTORS

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Additional Information

Name
Jeff Edberg
License
IA B33730000
Brokerage Phone
3193316187
Brokerage Address
2346 Mormon Trek Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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