Fully leased 5 Unit Property with one 1 Bed/1 Bath on the main level and 4 efficiency units with shared bathroom. Long term tenant in 1 Bedroom unit for $472. Efficiencies leased out at $395 per month. Gross rents for this building $2052.00. Boiler less than 2 years old. Recently painted and newer flooring. Metal roof. Shared laundry in adjacent building. Owner pays all utilities. Must bed purchased with adjacent property 317 8th St SE, Cedar Rapids, MLS 2406835 parcel...
This duplex offers excellent flexibility for a new owner with existing leases in place. One unit features a newly signed one-year lease at $1,575 per month, while the second unit—occupied by a long-term tenant of over 10 years—currently rents for $525 per month. The lower-rent unit presents a strong value-add opportunity and could be converted into a furnished rental for traveling nurses or data-center professionals to significantly increase cash flow. The property sits high on the lot, providing excellent water...
Turnkey duplex opportunity in a NE neighborhood! This updated upper/lower duplex offers comfortable living and smart investment potential. Both units have been remodeled with modern finishes and comes fully occupied day one. Major Upgrades Include: New roof (2022), New mini-split heating & cooling systems (2022), New water heater (2022). Each unit features refreshed interiors and separate access for added privacy and convenience. With mechanicals already taken care of, this property brings peace of mind and minimal maintenance needs.
Main Floor makes a great shop, office, retail with Kitchenette. Apartment upstairs is 2 bedrooms with maple kitchen cabinets in large kitchen, laundry, enclosed back porch, fenced back yard.
Land lease opportunity for 1.65 Acres of 4.46 Acre site. $135,000/year NNN with 2.5% annual escalations. Shovel-ready commercial building site strategically located at the intersection of I-380 and Wright Brothers Blvd SW. Well suited for C-store, quick-serve restaurant or retail/sales and service operation. High traffic and high visibility with Average Daily Traffic in excess of 25,000 vehicles at this corner. This intersection is so hot the DOT and the City of Cedar Rapids are working together on a newly engineered...
Commercial condos for sale or lease. Multi-tenant building. SF can vary. Landlord/owner to provide buildout of restroom and OHD. HOA fees of $150/mo. Low lease rate of $1,000/mo. Radiant floor heat. Tenant pays electricity. Between 1250-2500 SF available. Potential for sale on contract as well.
Great location with high traffic count . Perfect spot for a small drive thru or small business
Great opportunity with many possibilities situated on a through town County Hwy. Over the years this building has been home to a convenience store, restaurant, worship space, and a retail store. There is currently a party room, meeting room, or office, that could be removed to open up the space. The commercial exhaust hood and ansul system are included as-is, and buyer will need to service and install Co2 tanks. Daily traffic count est. 3,700. Property sits on a corner...
For additional listings throughout Linn and/or Johnson counties, please contact GLD at 319.731.3400.