855.375.4001
Listing Courtesy of: Tiffany Earl Williams - SKOGMAN REALTY COMMERCIAL 319-651-8165
$1,685,000 affordable loan icon Calculate Payment

1229-1245 1st Avenue Se Cedar Rapids, IA 52403

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Investment Residence
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... Bed/Bath
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Last updated on 1/31/2025 11:11 PM
Explore this exceptional income-producing investment opportunity in the heart of the MedQuarter, a core district in the heart of Cedar Rapids. Boasting four buildings and a parking lot situated contiguously on 1st Ave SE. Strategically located directly across 1st Ave from Coe College and in an opp...ortunity zone, this property offers immense potential for entrepreneurs and investors alike. Renovated in 2021, this property has been updated to offer a modern and accommodating environment for businesses. Currently, the property features four leased buildings for businesses plus on-site parking with street access for each. With its diverse income streams, prime location, and recent renovations, this property represents a compelling investment opportunity. Whether you are looking to expand your portfolio, generate passive income, or capitalize on the thriving local market, this property is a must-see that promises both versatility and profitability. Continue reading
MLS#
2408471
Property Type
Investment
Year Built
1955
Lot Size
0.9
Stories
1.0
Sewer
Public Sewer

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Listing Courtesy of: Tiffany Earl Williams - SKOGMAN REALTY COMMERCIAL 319-651-8165
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 2025, Cedar Rapids Area Association of Realtors
This content last refreshed on 1/31/2025 11:11 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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