Description
Located in the southwest industrial corridor of Cedar Rapids, this property offers a large-footprint building on acreage with physical characteristics well suited for light industrial, contractor, service, or flex operations, with the added upside of an existing income-producing entertainment use. The property consists of a 22,881 SF pre-engineered metal building (PEMB) situated on 3.256 acres, providing both building functionality and site flexibility. The structure features 14’ sidewalls, approximately 20’ clear height at peak, and 8-inch concrete floors, allowing for heavier-duty uses such as equipment storage, fabrication support, contractor headquarters, service/repair, indoor storage, or warehouse/flex conversion. The site offers ample on-site parking, good circulation, and an additional small green-space parcel, which could support future expansion, outdoor storage (subject to approvals), or continued customer-facing use. The building footprint and acreage are increasingly difficult to replicate in this part of the Cedar Rapids market, making this a compelling owner-user or value-add investment opportunity. Secondary use / optional continuity: The property is currently configured as a bowling alley and may continue operating as an entertainment facility for buyers seeking interim income or a hybrid operational model. Alternatively, the interior layout allows for reconfiguration to support industrial or flex use without the constraints typical of smaller retail or entertainment buildings.
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0BEDS
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3.26ACRES
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0BATHS
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01/2 BATHS
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22,881SQFT
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$76$/SQFT
School Ratings & Info
Description
Located in the southwest industrial corridor of Cedar Rapids, this property offers a large-footprint building on acreage with physical characteristics well suited for light industrial, contractor, service, or flex operations, with the added upside of an existing income-producing entertainment use. The property consists of a 22,881 SF pre-engineered metal building (PEMB) situated on 3.256 acres, providing both building functionality and site flexibility. The structure features 14’ sidewalls, approximately 20’ clear height at peak, and 8-inch concrete floors, allowing for heavier-duty uses such as equipment storage, fabrication support, contractor headquarters, service/repair, indoor storage, or warehouse/flex conversion. The site offers ample on-site parking, good circulation, and an additional small green-space parcel, which could support future expansion, outdoor storage (subject to approvals), or continued customer-facing use. The building footprint and acreage are increasingly difficult to replicate in this part of the Cedar Rapids market, making this a compelling owner-user or value-add investment opportunity. Secondary use / optional continuity: The property is currently configured as a bowling alley and may continue operating as an entertainment facility for buyers seeking interim income or a hybrid operational model. Alternatively, the interior layout allows for reconfiguration to support industrial or flex use without the constraints typical of smaller retail or entertainment buildings.