*INVESTOR ALERT* Exceptional opportunity to own a historical building in downtown Cedar Rapids with an NOI of $144,000+ in place. ‘The Warehouse on 3rd’ is a unique and well-cared for building, featuring onsite parking, beautiful hardwood floors, exposed beams, tall ceilings and natural light. Only two blocks away from the NewBo District and surrounded by amenities. Tenants include a salon, interior design studio, chiropractor, architecture studio, two landscape architecture studios, law firm, fitness studio, masonry construction company, logistics company, massage...
*Business Expanding & Relocating* Rare opportunity to purchase Class A office & lab space with abundant onsite parking. This property features approximately 100 parking spots and garage space to accommodate an additional 10 vehicles. The main building is 17,543 square feet (fully renovated in 2019) and the 10-car garage is an additional 2,288 square feet (constructed in 2021). HVAC system was installed in 2019. Half of the roof was also replaced in 2019. *Any offer will be contingent upon Seller...
Prime development ground on the southwest side of Cedar Rapids. Two of the last parcels available for the recent boom in residential construction in this popular area! Easy access to HWY 30 and HWY 100, while close to SW side amenities, this has been a fast growing neighborhood! Currently zoned Agricultural, Existing farm lease has been terminated and ground can be broken after harvest. Over 36.5 acres with close proximity to other new construction developments.
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. Revenue of $406,000 received in 2022 with potential of additional $60,000/year. Connection to skyway system plus several tenant amenities. Renovation project recent completed to create ADA toilets/access plus exterior painting of windows, canopy/soffit, new roof and fire escape update. Great opportunity for continued revenue growth. CA required for qualified buyers. Owners are...
This well-located industrial facility in SW Cedar Rapids is now available for sale. Currently utilized as a warehouse and distribution center, the 29,332 SF building offers a mix of warehouse space, office areas, and loading capabilities. The building features two dock doors and two overhead doors. Positioned within one mile of I-380 and 1.5 miles from Highway 30, the location offers excellent access to major transportation routes and nearby amenities. Adjacent .886 Ac lot also available for sale: $250,000. See...
Former elementary school extensively renovated for a health center with southern wing utilized by the county for a shelter program. Great opportunity for multiple uses including housing and/or private school. Includes two large multi-purpose rooms, kitchen as well as fenced outdoor green space. Two additional lots are available to purchase.
Prime 1st Avenue location directly across from Coe College and in close proximity to St. Lukes Hospital presents an exceptional opportunity for investors and developers. This highly visible property, currently improved with two apartment buildings featuring a total of 40 units, offers immediate income potential. Coe College is willing to master lease the apartments for $100K per building for up to 12 months post-closing. The site's strategic positioning, coupled with the potential to combine with the adjacent property for a...
Prime 1st Avenue location directly across from Coe College and in close proximity to St. Lukes Hospital presents an exceptional opportunity for investors and developers. This highly visible property, currently improved with two apartment buildings featuring a total of 40 units, offers immediate income potential. Coe College is willing to master lease the apartments for $100K per building for up to 12 months post-closing. The site's strategic positioning, coupled with the potential to combine with the adjacent property for a...
The historic Law Building would be ideal for an owner who wanted a downtown office as well as income from existing tenants to help cash flow. Cobble Hill restaurant, the MAC extreme gym, numerous coffee shops and retailers are in short walking distance. The Law Building is connected to the Skywalk system allowing climate controlled travel through much of downtown.
GREAT OPPORTUNITY WITH PRELIMINARY PLAT, ZONING, UTILITIES AND TIF IN PLACE. EASY ACCESS TO I-380. LOTS FROM 5 ACRES. Owner will build-to-suit for a qualified tenant.
For additional listings throughout Linn and/or Johnson counties, please contact GLD at 319.731.3400.