Listing Courtesy of: Scott Olson - SKOGMAN REALTY COMMERCIAL 319-363-8286
$2,150,000 affordable loan icon Calculate Payment

116/118 3rd Avenue Se Cedar Rapids, IA 52401

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Investment Residence
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Last updated on 11/25/2024 12:19 PM
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 te...nant 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 licensed Real Estate agents in Iowa. Continue reading
MLS#
2209289
Property Type
Investment
Year Built
1918
Sewer
Public Sewer

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Listing Courtesy of: Scott Olson - SKOGMAN REALTY COMMERCIAL 319-363-8286
Albert Wright Page, License B62241000, Xome Inc., License FO5635000, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Information is provided exclusively for consumers personal, non - commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 , Cedar Rapids Area Association of Realtors
This content last refreshed on 11/25/2024 12:19 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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