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101 1st Ave Se

Cedar Rapids, IA 52401
  • $2,718,600
  • STATUS: Active
  • ON SITE: 191 Days
  • MLS #: 202200596
UPDATED: 18 min ago
$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

*SALE PENDING W/CONTINGENCIES*. 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 Iowa City Area Association of Realtors. 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 Lepic Elite Home Team | Lepic-Kroeger, Realtors. Data last updated: 2022-08-13T23:25:57.333
www.lepicelite.com/homes/125308129
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101 1st Ave Se Cedar Rapids, IA 52401

  • Price: $2,718,600
  • Status: Active
  • On Site: 191 Days
  • Updated: 18 min ago
  • MLS #: 202200596
0
Beds
0
Baths
0
½ Baths
0.32
Acres
27,186
SQFT
$100
$/SQFT
1957
Built
Neighborhood:
Out Of Area
County:
Linn
Area:
Out Of Area
Property Description
*SALE PENDING W/CONTINGENCIES*. 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

Additional Square Feet 20000-50000 Sqft Construct Cm BlockPrecast Concrete Road Frontage County/City RoadPavement Roof Type Other

Interior Features

Cooling Central A/C Floor Type Carpet Heating CentralGas

Property Features

Bank Owned NO Business Office Building Ci Features OtherSprinkler System Gross Taxcounty And City 75500 Insurance Exp Per Sqft 0 Internet Yes Lease Price 0 Location Corner Lot Lot Dimensions 0 Ownership Type Office Possible Financing CashConventional Sale Includes Building &Amp; Land Sale Lease For Sale Special Features None Type Of Lease 0 Utilities Available Cable TvElectricityNatural GasSewerTelephoneWater-City Zoning Urban Downtown Core

Listing information © 2022 Iowa City Area Association of Realtors.
Listing provided courtesy of Angie Glick of Gld Commercial Real Estate Advisors.



© 2022 Iowa City Area Association of Realtors. 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 Lepic Elite Home Team | Lepic-Kroeger, Realtors. Data last updated: 2022-08-13T23:25:57.333
 
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