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1060 Old Marion Road NE, Cedar Rapids, IA 52402

MLS Number: 2601115   |   Subtype: Commercial   |   Area: NE Quadrant
$ 2,557,350
Fully leased multi-tenant retail property located in a well-established NE Cedar Rapids commercial corridor. The property is occupied by four tenants: Mulligans, Inspirations Salon, Taste of India (Grocery), and Taste of India restaurant, providing a diversified mix of food, retail, and service uses. Strategically positioned with strong visibility and convenient access to major thoroughfares, the asset benefits from surrounding residential density and consistent consumer traffic. A stable, income-producing investment opportunity with diversified tenancy in a solid Cedar Rapids submarket.

Property

  • County: Linn
  • Lot Size: 58806
  • Acres: 1.3500
  • Year Built: 2003
  • Zoning: TRADITIO
  • Gross tax: $46,837.00

Building

Total Building SF: 15,821
Ceiling Height: 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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