Historic building restored by seller to create commercial salon space & 2 apartments. Numerous improvements exterior parking shared with adjacent properties w/10 car overflow lot across street. Apartments are a large second floor 1 bedroom and small first floor studio. Basement storage available. Rents generated monthly are $2300 with increases annually potential.
This versatile multi-tenant office building offers significant future leasing potential and is strategically positioned in a sought-after area with excellent connectivity to major highways, including Hwy 100 and I-380. Spanning 7,360 SF on over 1.5 acres, the property features ample onsite parking with 44 spaces. Built in 1992, the building has seen recent updates to Suite A, adding a modern touch to its interior. Currently configured for two tenants, it offers a flexible setup that allows for continued multi-tenant use or conversion to a single-tenant layout, maximizing leasing opportunities. Cedar Rapids Pain Associates occupies 4,106 SF under a NNN lease at $11.75/SF through January 31, 2025, generating stable income for an owner-user or investor. Priced below market compared to similar properties in the area, this property represents a unique opportunity to capitalize on a prime location and secure long-term value.
This avant-garde office space, spanning over 5,000 square feet, is the brainchild of visionary architect Leo Pieffer. Nestled on a corner lot, this unique property seamlessly blends contemporary design with functionality. With a ground floor boasting covered parking for 18 vehicles, accessibility is paramount. Enter from the covered parking or take advantage of the ground-level entry around the back. Meticulously maintained, this space features a large conference room, tastefully furnished kitchen, updated restrooms, and a captivating open area with a gas fireplace. The layout, thoughtfully curated by Leo Pieffer, encompasses an open office space surrounding the fireplace, along with four private offices. Priced to sell quickly, this is an unparalleled opportunity for those who appreciate the allure of contemporary office spaces. Elevate your business presence with this architecturally stunning, well-priced property! Building is wired and has speakers for a sound system. Furniture is negotioable
The median home value in Cedar Rapids, IA is $195,000. This is lower than the county median home value of $208,200. The national median home value is $338,100. The average price of homes sold in Cedar Rapids, IA is $195,000. Approximately 64.84% of Cedar Rapids homes are owned, compared to 27.36% rented, while 7.81% are vacant. Cedar Rapids real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cedar Rapids real estate agent to arrange a tour today!
Cedar Rapids, Iowa has a population of 136,512. Cedar Rapids is less family-centric than the surrounding county with 30.16% of the households containing married families with children. The county average for households married with children is 31.95%.
The median household income in Cedar Rapids, Iowa is $63,170. The median household income for the surrounding county is $70,360 compared to the national median of $69,021. The median age of people living in Cedar Rapids is 36.4 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 11.4 degrees. The average rainfall is approximately 36 inches per year, with 28.3 inches of snow per year.