Description

Unique restoration of a historic Herman Brown Sale and Maintenance facility. Recently renovated into contractor suites plus fenced exterior storage facility of approximately 2 acres +/-. 100% leased to 9 tenants with additional vehicle/truck parking available for lease that has the potential of $750/mo in revenue. Easy access to Hwy 30 and I-380. Great visibility for a small business plus access to shared locker room, toilets, break room and conference space. Gross rental income projected at $130,000 for 2023. Partial owner is a licensed agent in Iowa.

Listing ID #2304705

Commercial Sale For Sale

2525 16th, Cedar Rapids, Iowa 52404

$995,000
Square Feet17,002
Construction Year1949
Lot Size2.58 Acre
Country : US
State : IA
County : Linn
City : Cedar Rapids
Zipcode : 52404
Baths0
Status CategoryPending
Agent info
Scott Olson
SKOGMAN REALTY COMMERCIAL
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Features
2304705
Commercial Sale
17,002 Sqft
1949
Off Street
Block, Concrete
Immediately
Yes
Williams Blvd SW south turn left on 16th Avenue SW
Additional Details
2.58 Acre
Central Air, None
Central, None
Metal, Membrane
Storage
2.58 Acre

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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