Commercial Sale For Sale
25,200 Sqft - 3rd, Cedar Rapids, Iowa 52401
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Description

*INVESTOR ALERT* Exceptional opportunity to own a historical building in downtown Cedar Rapids with an NOI of $144,000+ in place. ‘The Warehouse on 3rd’ is a unique and well-cared for building, featuring onsite parking, beautiful hardwood floors, exposed beams, tall ceilings and natural light. Only two blocks away from the NewBo District and surrounded by amenities. Tenants include a salon, interior design studio, chiropractor, architecture studio, two landscape architecture studios, law firm, fitness studio, masonry construction company, logistics company, massage therapist. An opportunity for an owner/ occupant with 1,648 SF available on the top floor. The adjacent parking lot, parcel #14281-37002-00000 is included in this sale. Please contact Listing Agent for rent roll information.

Property Description

*INVESTOR ALERT* Exceptional opportunity to own a historical building in downtown Cedar Rapids with an NOI of $144,000+ in place. ‘The Warehouse on 3rd’ is a unique and well-cared for building, featuring onsite parking, beautiful hardwood floors, exposed beams, tall ceilings and natural light. Only two blocks away from the NewBo District and surrounded by amenities. Tenants include a salon, interior design studio, chiropractor, architecture studio, two landscape architecture studios, law firm, fitness studio, masonry construction company, logistics company, massage therapist. An opportunity for an owner/ occupant with 1,648 SF available on the top floor. The adjacent parking lot, parcel #14281-37002-00000 is included in this sale. Please contact Listing Agent for rent roll information.

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
2407839
Price:
$2,299,000
Square Feet:
25,200 Sqft
Construction Year:
1919
Lot Size:
0.39 Acre
Country:
US
State:
IA
County:
Linn
City:
Cedar Rapids
Zipcode:
52401
Status Category:
Active
Features
Heating:
Central
Cooling System:
Central Air
Parking:
Off Street
Exterior:
Sprinkler/Irrigation
Interior:
Storage
Stories/Style:
3
Address Map
Street:
3rd
Street Number:
600 & 604
Floor Number:
0
Longitude:
W92° 35' 2.4''
Latitude:
N41° 55' 10.1''
More Information
Office Name:
GLD COMMERCIAL
Agent Name:
Erica Seelman
Directions:
Take I-380 S, Exit 18, I-380 N/IA-27 N, Exit 19A and 8th Ave SE to 3rd St SE
Zoning:
UDC
Lot Dimensions:
.386 Ac
LA1Agent Logon Name:
seelmanerica121
LA1Agent First Name:
Erica
LA1Agent Last Name:
Seelman
LO1Main Office ID:
CGLDC
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Erica Seelman
GLD COMMERCIAL
Additional Details
Central Air
Sprinkler/Irrigation
Storage
3
11/12/2024
Take I-380 S, Exit 18, I-380 N/IA-27 N, Exit 19A and 8th Ave SE to 3rd St SE
.386 Ac
Urban Acres Real Estate