$1,685,000
Calculate Payment
1229-1245 1st Avenue Se Cedar Rapids, IA 52403
Investment
Residence
Beds
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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
Receive an email as soon as the price changes
Receive an email
as soon as the price changesGet Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Kickstart your home search journey with our online Pre-Approval.
Nearby Homes For Sale
Just Listed
And
Homes Available
In
See How Much You Could Save
Thinking about buying or selling? Talk to one of our Mortgage Professionals today to see how much you could save on your next home. Call us at 833-981-2030.