Cedar Rapids, IA 52401,118 3rd AVE SE
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$1,975,000
Est. payment /mo
57,552 SqFt
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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 57,552 sqft

Price per Sqft $34

MLS Listing ID 2600222

HOA Y/N No

Total Fin. Sqft 57552

Year Built 1918

Annual Tax Amount $62,162

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Office

Property Description

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.

Location

State IA

County Linn

Area Se Quadrant

Zoning Urban

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air

Flooring Carpet, Concrete

Inclusions Building, Land

Fireplace No

Window Features Display Window(s)

Exterior

Utilities Available Electricity Available, Natural Gas Available

Water Access Desc Public

Roof Type Membrane

Building

Building Description Frame, Elevator(s),Janitorial Service,Multi-Tenant,Private Restrooms

Story 8

Sewer Public Sewer

Water Public

Structure Type Frame

Others

Tax ID 142820100500000 & 142820100400000

Security Features Security Lights

Acceptable Financing Cash

Listing Terms Cash


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Listed by SKOGMAN REALTY

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PRK Williams Realty

PRK Williams Realty

+1(319) 360-7139

Broker | License ID: F0664000

Broker License ID: F0664000

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