Back to list

Property Image

118 3rd Avenue SE, Cedar Rapids, IA 52401

MLS Number: 2600222   |   Subtype: Commercial   |   Area: SE Quadrant
$ 1,975,000
Historic, renovated 8 story and 2 story office buildings in the center of downtown revitalization. Many floors and common areas remodeled with long term track record of 85-95% occupancy. Connection to skywalk system plus several tenant amenities. Renovation project recently completed to create ADA restrooms and access, as well as exterior painting of windows, canopy/soffit, new roof and fire escape update. Great opportunity for continued revenue growth. NDA required for qualified buyers. Owners are licensed Real Estate Agents in Iowa.

Property

  • County: Linn
  • Lot Size: 8400
  • Acres: 0.1900
  • Year Built: 1918
  • Zoning: Urban
  • Gross tax: $62,162.00

Building

Total Building SF: 57,552
Ceiling Height: 7ft-10ft, 11ft-14ft

Utilities

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

IDX information is provided exclusively for customers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which consumers may have an interest. The data provided is deemed reliable but is not guaranteed accurate by the MLS, GLD Commercial and/or its affiliates.