97 3rd Avenue SE, Cedar Rapids, IA 52401
MLS Number: 2507256 |
Subtype: Commercial | Area: SE Quadrant
$
13,275,000
Exceptionally Restored Historic Five Story Building on the river front and in the heart of downtown Cedar Rapids. Building construction is brick, steel and concrete with extensive renovations in 2016 including solar, high efficiency HVAC, elevators, roof, & windows. 32 stabilized market rate apartments, 61,500 SF of redeveloped commercial space that is 65% occupied with long-term tenants, 48 interior parking stalls provide additional income. The vacant commercial space is finished and furnished. Contact listing agent for NDA.
Property
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County: Linn
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Lot Size: 28750
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Acres: 0.6600
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Year Built: 1904
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Zoning: U-DC
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Gross tax: $168,866.00
Building
Total Building SF: 94,760
Ceiling Height: 7ft-10ft, 11ft-14ft
Utilities
Utilities: Electricity Available, Natural Gas Available
Heating/Cooling: Central Heat, Gas Heat, Central Air
Water Source: City Water
Sewer: City Sewer
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