Commercial Sale
57,552 Sqft - 3rd, Cedar Rapids, Iowa 52401
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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.

Property 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.

Basic Details
Property Type:
Commercial
Listing Type:
Sale
Listing ID:
2600222
Price:
$1,975,000
Square Feet:
57,552 Sqft
Lot Size:
0.19 Acre
Country:
US
State:
IA
County:
Linn
City:
Cedar Rapids
Zipcode:
52401
Features
Heating:
Central
Cooling System:
Central Air
Roof:
Membrane
Construction:
Frame
Stories/Style:
8
Address Map
Street Number:
118
Street:
3rd
Street Suffix:
Avenue
Street Dir Suffix:
SE
Floor Number:
0
Longitude:
W92° 19' 55.8''
Latitude:
N41° 58' 35.7''
More Information
Office Name:
SKOGMAN REALTY
Agent Name:
John Beardsworth
Directions:
1st Ave to 2nd St SE, to 3rd Ave SE to 116/118
Zoning:
Urban
Lot Dimensions:
8400
LA1Agent Logon Name:
beardsworthj121
LA1Agent First Name:
John
LA1Agent Last Name:
Beardsworth
LO1Main Office ID:
CSKN
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
John Beardsworth
SKOGMAN REALTY
Additional Details
Central Air
Frame
8
01/08/2026
1st Ave to 2nd St SE, to 3rd Ave SE to 116/118
8400