Listing also includes 112/115 29th St NE and 2900/2912 1st Ave NE, Cedar Rapids. 4 historic properties restored by seller creating unique spaces for 5 commercial businesses and 5 apartments ranging from a studio to a 3 bedroom. Numerous improvements to the buildings and exterior parking. All new streets/sidewalks by the city. Plus a major trail connection next to 2900 First Avenue NE. 10 car overflow parking lot at 115 29th Street NE. 100% leased with lease rates increasing annually. Gross income projected at $135,000 for 2023. Owners will consider individual property sales of 901 Oakland Rd NE, $285,000; 2900/2912/115 29th Street NE, $625,000 and 112 29th Street NE, $195,000. Additional parcel #s, 14113-53007-00000, 14142-27002-00000, 1411-53006-00000
Commercial For Sale
901 Oakland Road NE, Cedar Rapids, Iowa 52402
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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