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101 1st Avenue SE

Cedar Rapids, IA 52401
  • $2,718,600
  • STATUS: Active
  • ON SITE: 107 Days
  • MLS #: 2200507
$2,718,600
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 27,186
    SQFT
  • $100
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1957
County:
Area:

School Ratings & Info

Description

*Accepted Letter of Intent. Contact LA for more information.* High profile office building sited on arguably the most visible corner in downtown Cedar Rapids. Excellent investment opportunity with the ability to occupy the first floor and also collect supplemental income from a second floor tenant. Approximately 7,000 SF of the 2nd floor is occupied by a local law office with a long-standing history in our community. The space was renovated in the last 5 years and this tenant recently renewed their lease. Per the Iowa DOT, over 18,000 vehicles pass this location daily.

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© 2022 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Graf Home Selling Team & Associates. Data last updated: 2022-05-20T23:42:46.653.
www.cedarrapidsareahomes.com/homes/125290948
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101 1st Avenue SE Cedar Rapids, IA 52401

  • Price: $2,718,600
  • Status: Active
  • On Site: 107 Days
  • MLS #: 2200507
0
Beds
0
Baths
0
½ Baths
0.32
Acres
27,186
SQFT
$100
$/SQFT
1957
Built
Neighborhood:
SE Quadrant
County:
Linn
Area:
SE Quadrant
Property Description
*Accepted Letter of Intent. Contact LA for more information.* High profile office building sited on arguably the most visible corner in downtown Cedar Rapids. Excellent investment opportunity with the ability to occupy the first floor and also collect supplemental income from a second floor tenant. Approximately 7,000 SF of the 2nd floor is occupied by a local law office with a long-standing history in our community. The space was renovated in the last 5 years and this tenant recently renewed their lease. Per the Iowa DOT, over 18,000 vehicles pass this location daily.
Exterior Features

Construction Materials BlockPre-Cast ConcreteConcrete Exterior Features Sprinkler/Irrigation Levels Two Roof Membrane Stories Total 2

Interior Features

Basement YN Yes Cooling Central Air Cooling YN Yes Flooring Carpet Heating Central Heating YN Yes Interior Features Storage

Property Features

Lease Considered YN No Property Sub Type Office Sewer Public Sewer Tax Annual Amount 75924 Utilities Electricity AvailableNatural Gas Available Water Source Public Zoning Description Udc

Listing information © 2022 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Angie Glick of Gld Commercial.
© 2022 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Graf Home Selling Team & Associates. Data last updated: 2022-05-20T23:42:46.653.
 
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The Graf Home Selling Team & Associates
2252 Blairs Ferry Road
Hiawatha IA, 52233