Commercial Sale For Sale
0 Sqft - 1st, Cedar Rapids, Iowa 52403
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Description

Explore this exceptional income-producing investment opportunity in the heart of the MedQuarter, a core district in the heart of Cedar Rapids. Boasting four buildings and a parking lot situated contiguously on 1st Ave SE. Strategically located directly across 1st Ave from Coe College and in an opportunity zone, this property offers immense potential for entrepreneurs and investors alike. Renovated in 2021, this property has been updated to offer a modern and accommodating environment for businesses. Currently, the property features four leased buildings for businesses plus on-site parking with street access for each. With its diverse income streams, prime location, and recent renovations, this property represents a compelling investment opportunity. Whether you are looking to expand your portfolio, generate passive income, or capitalize on the thriving local market, this property is a must-see that promises both versatility and profitability.

Property Description

Explore this exceptional income-producing investment opportunity in the heart of the MedQuarter, a core district in the heart of Cedar Rapids. Boasting four buildings and a parking lot situated contiguously on 1st Ave SE. Strategically located directly across 1st Ave from Coe College and in an opportunity zone, this property offers immense potential for entrepreneurs and investors alike. Renovated in 2021, this property has been updated to offer a modern and accommodating environment for businesses. Currently, the property features four leased buildings for businesses plus on-site parking with street access for each. With its diverse income streams, prime location, and recent renovations, this property represents a compelling investment opportunity. Whether you are looking to expand your portfolio, generate passive income, or capitalize on the thriving local market, this property is a must-see that promises both versatility and profitability.

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
2408471
Price:
$1,685,000
Beds:
0
Baths:
0
Half Bathrooms:
0
Square Feet:
0 Sqft
Construction Year:
1955
Lot Size:
0.90 Acre
Country:
US
State:
IA
County:
Linn
City:
Cedar Rapids
Zipcode:
52403
Status Category:
Active
Features
Heating Fuel:
Gas
Cooling System:
Central Air
Parking:
Off Street
Roof:
Membrane
Construction:
Block, Concrete
Interior:
Storage
Address Map
Street:
1st
Street Number:
1229-1245
Floor Number:
0
Longitude:
W92° 20' 25.8''
Latitude:
N41° 58' 6.3''
More Information
Office Name:
SKOGMAN REALTY COMMERCIAL
Agent Name:
Tiffany Earl Williams
Directions:
1st Ave to 1229
Zoning:
Urban
Lot Dimensions:
.9 Acres
LA1Agent Logon Name:
earltiffany121
LO1Main Office ID:
CSKN05
PriceChangeTimestamp:
12-17-2024
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
SKOGMAN REALTY COMMERCIAL
Additional Details
Central Air
Block, Concrete
Storage
12/17/2024
1st Ave to 1229
.9 Acres