Commercial Sale For Sale
17,002 Sqft - 16th, Cedar Rapids, Iowa 52404
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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.

Property 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.

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
2304705
Price:
$995,000
Total Full Baths:
0
Baths:
0
Half Bathrooms:
0
Square Feet:
17,002 Sqft
Construction Year:
1949
Lot Size:
2.58 Acre
Country:
US
State:
IA
County:
Linn
City:
Cedar Rapids
Zipcode:
52404
Status Category:
Pending
Features
Heating:
Central, None
Cooling System:
Central Air, None
Parking:
Off Street
Roof:
Metal, Membrane
Construction:
Block, Concrete
Interior:
Storage
Possession:
Immediately
Stories/Style:
Yes
Address Map
Street:
16th
Street Number:
2525
Floor Number:
0
Longitude:
W92° 17' 40.5''
Latitude:
N41° 57' 46.2''
More Information
Office Name:
SKOGMAN REALTY COMMERCIAL
Agent Name:
Scott Olson
Directions:
Williams Blvd SW south turn left on 16th Avenue SW
Zoning:
SMUCC
Lot Dimensions:
2.58 Acre
LA1Agent Logon Name:
olsonscott121
LA1Agent First Name:
Scott
LA1Agent Last Name:
Olson
LO1Main Office ID:
CSKN05
PriceChangeTimestamp:
07-18-2023
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Scott Olson
SKOGMAN REALTY COMMERCIAL
Additional Details
Central Air, None
Block, Concrete
Storage
Immediately
Yes
07/18/2023
Williams Blvd SW south turn left on 16th Avenue SW
2.58 Acre
Urban Acres Real Estate