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425 2nd St Se , Flr 2, Units 41

Cedar Rapids, IA 52401
  • $1
  • STATUS: Active
  • ON SITE: 216 Days
  • MLS #: 202303923
$1
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,720
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1982
County:
Area:

School Ratings & Info

Description

Once in a lifetime opportunity to purchase commercial real estate for $1.00! Contact listing agent for details. Ownership is highly motivated to put the units into production by virtually giving away the commercial condo units to qualified buyers or investors. HOA/Condo fees are approximately $5.35 - $5.65/SF/Yr, which includes HVAC and common area maintenance costs. These units are also available for lease at $7.00/SF gross plus desktop electric. Parking available in adjacent city ramp, which is connected by the skywalk.

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© 2024 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: 2024-02-23T00:25:51.64
www.lepicelite.com/homes/141709015
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425 2nd St Se , Flr 2, Units 41 Cedar Rapids, IA 52401

  • Price: $1
  • Status: Active
  • On Site: 216 Days
  • MLS #: 202303923
0
Beds
0
Baths
0
½ Baths
N/A
Acres
13,720
SQFT
$0
$/SQFT
1982
Built
Neighborhood:
Out Of Area
County:
Linn
Area:
Out Of Area
Property Description
Once in a lifetime opportunity to purchase commercial real estate for $1.00! Contact listing agent for details. Ownership is highly motivated to put the units into production by virtually giving away the commercial condo units to qualified buyers or investors. HOA/Condo fees are approximately $5.35 - $5.65/SF/Yr, which includes HVAC and common area maintenance costs. These units are also available for lease at $7.00/SF gross plus desktop electric. Parking available in adjacent city ramp, which is connected by the skywalk.
Exterior Features

Additional Square Feet 10000-20000 SqFt Construct Cm FramePrecast Concrete Road Frontage County/City RoadPavement Roof Type Other

Interior Features

Cooling Central A/C Floor Type Carpet Heating CentralForced Air

Property Features

Bank Owned NO Business Office Building Ci Features Sprinkler SystemOther Gross Taxcounty And City 10534 Insurance Exp Per Sqft 0 Internet Yes Lease Price 7 Location Other Lot Dimensions 0 Ownership Type Office Possible Financing CashConventional Sale Includes Other Incl Sale Lease For Rent Special Features None Type Of Lease Mod Gross Utilities Available ElectricityNatural GasSewerTelephoneWater-City Zoning Urban Downtown Core

Listing information © 2024 Iowa City Area Association of Realtors.
Listing provided courtesy of Adam Gibbs of GLD Commercial Real Estate Advisors: 319-731-3410.



© 2024 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: 2024-02-23T00:25:51.64
 
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Lepic Elite Home Team | Lepic-Kroeger, Realtors
2346 Mormon Trek Blvd
Iowa City IA, 52246