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
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County: Linn
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Lot Size: 8400
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Acres: 0.1900
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Year Built: 1918
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Zoning: Urban
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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
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