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515 7th Avenue SE, Cedar Rapids, IA 52401

MLS Number: 2504413   |   Subtype: Commercial   |   Area: SE Quadrant
$ 14.95 /SF
$ 1,250,000
High-quality, all-masonry medical building is ideally situated in the Central Med-Q district with excellent visibility from 8th Avenue SE and seamless access from I-380, the Central Business District, and the vibrant NewBo area. This turnkey facility, perfect for chiropractors, physical therapists, dentists, orthodontists, or other small medical users, features four exam rooms, open triage areas with curtains, a reception area with nurses’ stations, and an X-ray room, complemented by generous parking. Building could also easily convert to traditional office. The location benefits from a traffic count of approximately 17,000 vehicles daily on 8th Avenue, driven by proximity to Mercy Medical Center and UnityPoint Health-St. Luke’s Hospital. Amid ongoing developments like the $36 million project, this property offers a prime opportunity to own a facility in a high-traffic, accessible hub!

Property

  • County: Linn
  • Lot Size: .58 Acre
  • Acres: 0.5800
  • Year Built: 2004
  • Zoning: Urban
  • Gross tax: $20,522.00

Building

Total Building SF: 3,706
Ceiling Height: 7ft-10ft, 21ft-25ft

Utilities

Utilities: Electricity Available, Natural Gas Available
Heating/Cooling: Central Heat, Gas Heat, Central Air
Water Source: City Water
Sewer: City Sewer

Lease Terms

Lease Type: Net
Lease Price per SF: $14.95
Tenant Pays: Common Area Maintenance, Electricity, Heat, Insurance, Janitorial Service, Taxes, Trash Collection, Water

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