Commercial For Sale
0 Sqft - 425 2nd St SE, Unit Flr 1, Units 45-48, Cedar Rapids, Iowa 52401
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Description

Once in a lifetime opportunity to purchase commercial real estate for $1.00! Contact listing agent for details. Ownership is highly motivated to put the units into production by virtually giving away the commercial condo units to qualified buyers or investors. HOA/Condo fees are approximately $5.35 – $5.65/SF/Yr, which includes HVAC and common area maintenance costs. These units are also available for lease at $7.00/SF gross plus desktop electric. Parking available in adjacent city ramp, which is connected by the skywalk.

Property Description

Once in a lifetime opportunity to purchase commercial real estate for $1.00! Contact listing agent for details. Ownership is highly motivated to put the units into production by virtually giving away the commercial condo units to qualified buyers or investors. HOA/Condo fees are approximately $5.35 – $5.65/SF/Yr, which includes HVAC and common area maintenance costs. These units are also available for lease at $7.00/SF gross plus desktop electric. Parking available in adjacent city ramp, which is connected by the skywalk.

Basic Details
Property Type:
Commercial
Listing Type:
For Sale
Listing ID:
202205366
Price:
$1
Beds:
0
Baths:
0
Half Bathrooms:
0
Square Feet:
0 Sqft
Construction Year:
1982
Lot Size:
0 Acre
Country:
US
State:
IA
County:
Linn
City:
Cedar Rapids
Zipcode:
52401
Unit #:
Flr 1, Units 45-48
Status Category:
Active
Area:
Out Of Area
Features
Heating Fuel:
Central, Forced Air
Cooling System:
Central A/c
Roof:
Other
Internet:
Yes
Elevators:
Yes
Possible Finance:
Cash, Conventional
Possession:
At Closing
Showing Instructions:
Appt Office
Address Map
Street:
425 2nd St SE
Floor Number:
0
Longitude:
W92° 20' 2.9''
Latitude:
N41° 58' 32.1''
More Information
Office Name:
GLD Commercial Real Estate Advisors
Sales Term:
Conventional
Ownership Type:
Office
Update Date:
01-19-2024 16:19:47
Directions:
Located in Downtown CR at the corner of 4th Ave and 2nd Street SE.
Zoning:
Urban Downtown Core
Lot Dimensions:
0
LA1Agent Logon Name:
i2524
LA1Agent First Name:
Adam
LA1Agent Last Name:
Gibbs
LO1Main Office ID:
291
PriceChangeTimestamp:
07-21-2023
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Adam Gibbs
GLD Commercial Real Estate Advisors
Additional Details
Central A/c
Cash, Conventional
At Closing
Appt Office
09/27/2022
Located in Downtown CR at the corner of 4th Ave and 2nd Street SE.
Urban Acres Real Estate