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2801 6th Street SW

Cedar Rapids, IA 52404
  • $900,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 2208355
UPDATED: 55 min ago
$900,000
  • 0
    BEDS
  • 0.67
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,709
    SQFT
  • $117
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1977
County:
Area:

School Ratings & Info

Description

Excellent Office Building for sale. All brick exterior with lots of windows & Class A space that has been remodeled and updated over time. Nice mix of 13+ offices with 2+ conference rooms with large reception and cubicle areas. Building can be easily divided into two units of 5,039 sq ft & 2,671 Sq. Ft. units for multi-use or sub-letting. Great central location with quick access to I380 and 32-Car off street parking. TENANT RIGHTS Building is currently leased through 12/31/2023 for $10.00 PSF NNN (Self-Managed Cap-Rate = 8.5% / 2021-22 Pass-Thoughs are $4.83 PSF & includes Maintenance Contract). NOTE: Building Size is 7,709 per Owner/Blueprint and 7,645 per Assessor.

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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 Graf Real Estate ERA Powered. Data last updated: 2022-09-27T13:42:51.697.
www.cedarrapidsareahomes.com/homes/132879820
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2801 6th Street SW Cedar Rapids, IA 52404

  • Price: $900,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 55 min ago
  • MLS #: 2208355
0
Beds
0
Baths
0
½ Baths
0.67
Acres
7,709
SQFT
$117
$/SQFT
1977
Built
Neighborhood:
SW Quadrant
County:
Linn
Area:
SW Quadrant
Property Description
Excellent Office Building for sale. All brick exterior with lots of windows & Class A space that has been remodeled and updated over time. Nice mix of 13+ offices with 2+ conference rooms with large reception and cubicle areas. Building can be easily divided into two units of 5,039 sq ft & 2,671 Sq. Ft. units for multi-use or sub-letting. Great central location with quick access to I380 and 32-Car off street parking. TENANT RIGHTS Building is currently leased through 12/31/2023 for $10.00 PSF NNN (Self-Managed Cap-Rate = 8.5% / 2021-22 Pass-Thoughs are $4.83 PSF & includes Maintenance Contract). NOTE: Building Size is 7,709 per Owner/Blueprint and 7,645 per Assessor.
Exterior Features

Construction Materials BlockFrameConcrete Levels One Parking Features Off Street Roof Membrane Stories Total 1

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Flooring Carpet Heating Gas Heating YN Yes

Property Features

Electric 3 Phase220 Volts Lease Considered YN No Property Sub Type Office Security Features Security SystemSecurity Lights Sewer Public Sewer Tax Annual Amount 22136 Tenant Pays Common Area MaintenanceElectricityHeatInsuranceJanitorial ServiceTaxesTrash CollectionWater Utilities Electricity AvailableNatural Gas Available Water Source Public Zoning Description Comm

Listing information © 2022 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Chris Mottinger of Mottinger Real Estate Group: 319-624-6027.
© 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 Graf Real Estate ERA Powered. Data last updated: 2022-09-27T13:42:51.697.
 
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