Sale Includes

Land

Terms Available

Cash

Directions

First Avenue To First St SE To Third Avenue SE

116/118 3rd Ave SE, Cedar Rapids, Iowa

$2,495,000
Acres: 0
MLS # 1609557
Map  |  Print
For more information on this property, call Iowa Realty at (319) 378-6814

For more information on this property, call Iowa Realty at (319) 378-6814

For more information on this home or any others, contact us today!
Share |
Property Information
MLS# 1609557
County Linn
Year Built 1918
Property Description
Renovated historic office building in the center of the downtown revitalization. Many floors recently remodeled with track record of 96-100% occupancy. Projected NOI of $201,000. Connection to Skyway system plus several tenant amenities. Great opportunity for continued revenue growth. CA required for qualified buyers. Owners are licensed brokers in the state of Iowa. Building eligible for historic tax credits.
size & lot
Lot Size 8400
Structure
Tax & Terms Information
Gross Taxes $51,888
Net Taxes $51,888
Lease Information
Utilities
Heat CNTAIR,CNTRLHT
Water CTYWTR
Tenant-Owner Information
Owner: RETAX,INSURNC,CAM,JANITRL,HEATING,WATER,TRASHC Tenant: IMPROVM,ELECTRC
Listing courtesy of Scott Olson, Skogman Realty Commercial
Data courtesy of Cedar Rapids Area Association of Realtors MLS

There are currently no listings available.

view more