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Description

Historic, renovated 8 story and 2 story office buildings in the center of downtown revitalization. Many floors and common areas remodeled with long term track record of 85-95% occupancy. Connection to skywalk system plus several tenant amenities. Renovation project recently completed to create ADA restrooms and access, as well as exterior painting of windows, canopy/soffit, new roof and fire escape update. Great opportunity for continued revenue growth. NDA required for qualified buyers. Owners are licensed Real Estate Agents in Iowa.

Listing ID #2600222

Commercial Sale

118 3rd Avenue SE
Cedar Rapids, Iowa 52401

$1,975,000
Square Feet57,552
Lot Size0.19 Acre
Country : US
State : IA
County : Linn
City : Cedar Rapids
Zipcode : 52401
StatusActive
Virtual Tour: View Tour
Listing Agent
John Beardsworth
SKOGMAN REALTY
Mortgage Calculator
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Features
2600222
57,552 Sqft
Frame
8
1st Ave to 2nd St SE, to 3rd Ave SE to 116/118
Additional Details
0.19 Acre
Central Air
Central
Membrane
01-08-2026
8400

Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.

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