This brand-new multifamily property in Hiawatha offers investors a rare opportunity to acquire a newly constructed, income-producing asset with immediate stabilization and limited near-term capital needs. With a current rent roll of $6,500 per month and approximately $78,000 in gross annual income, the property is already producing reliable cash flow from day one. Based on a purchase price of $850,000 and NOI of $65,600, the property is positioned at an approximately 7.72% cap rate, offering a compelling yield in a...
Versatile Commercial Property with Dual Buildings and Outdoor Storage This unique commercial offering includes two well-maintained buildings on a spacious site, ideal for a variety of business operations. Building 1, constructed in 1946, features 11,360 sq. ft. with multiple overhead doors, office space, a workshop, and a display area—perfect for service-based or industrial users. Building 2, built in 2019, adds an additional 13,860 sq. ft. of cold storage, providing excellent flexibility for storage, distribution, or seasonal inventory needs. The property...
For Lease - Flex Industrial Warehouse opportunity in Cedar Rapids’ southwest market. This well-maintained 8,474 SF building with functional warehouse space, modern office, and paved outdoor storage. The building is 40ft wide by 200ft long clear span warehouse with an efficient open floor plan, ideal for distribution, light manufacturing, or service operations. The outside loading dock is convenient for loading/unloading product and equipment. The building has 4 overhead doors situated around the building for excellent circulation and access. The office...
Turn-Key Restaurant/Bar with Drive Thru on High Traffic Corner, Fully Equipped & Ready to Operate. traffic count is over 17,000 cars/day, sale includes 3 lots connecting 15th and 16th AVE. Every major system has been modernized,
6.47 acre development site located just south of Williams Blvd SW near Breyer St SW. The adjoining parcel to the north has been acquired by Tractor Supply Company, which plans immediate development and will extend city utilities to the area. This positions the site perfectly for future projects, with infrastructure and momentum already underway. With strong area demographics and nearby commercial activity, the property is ideally suited for multifamily, senior housing, or complementary residential uses.
This versatile multi-tenant office building offers significant future leasing potential and is strategically positioned in a sought-after area with excellent connectivity to major highways, including Hwy 100 and I-380. Spanning 7,360 SF on over 1.5 acres, the property features ample onsite parking with 44 spaces. Built in 1992, the building has seen recent updates to Suite A, adding a modern touch to its interior. Currently configured for two tenants, it offers a flexible setup that allows for continued multi-tenant use...
High-end single-tenant office building with 3,415 SF on 0.378 acres in NE Cedar Rapids. Built in 2005 with exceptional finishes, including cherry wood paneling throughout. Features 5 private offices, 3 conference rooms, and 3 restrooms. 16 on-site parking spaces. Excellent visibility and convenient location near major corridors. Owner open to lease or sale—ideal for professional or financial office use.
Flexible Zoning. Seller Financing | Lease / Purchase Options available. Lot 1 & Lot 2 can be sold together or separately. Design / build project for commercial condos / business suites & tif package put together with the city of Waterloo. Lot 1: 2.00 ac./87,120 sqft/3423 Marnie Ave. Lot 2: 3.35 ac./145,926 sqft/3455 Marnie Ave
Seller willing to split current parcel to 10 acres more or less. ### Prime Land for Light Industrial or Warehousing **Property Highlights:** - **Ideal Location:** Positioned with excellent interstate exposure, ensuring high visibility and easy access for transportation and logistics. - **City Annexation Ready:** Seller is willing to annex the property into the city, providing access to municipal services and streamlined development processes.**Financial Incentives:** Take advantage of available TIF (Tax Increment Financing) funds to reduce development costs and enhance project...
T-MC Traditional mixed use commercial zoned building and land for sale. Over 15,000 cars per day traffic count along Mt Vernon Road with additional egress and ingress along 35th Street. .82 acre lot, 35,719 square feet, with asphalt parking lot, 30 + parking spaces, drive up or through building and turning ratio capability. Heavily remodeled building with oversized office or display windows, solid cherry doors, crown moldings, cabinets and millwork, decor ceiling accents and lighting plan. Zero entrance vestibule and...
For additional listings throughout Linn and/or Johnson counties, please contact GLD at 319.731.3400.