$2,150,000
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116/118 3rd Avenue Se Cedar Rapids, IA 52401
Office
Residence
Beds
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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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.
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MLS#
2209289
Property Type
Office
Year Built
1918
Sewer
Public Sewer
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