$995,000
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2525 16th Avenue SW Cedar Rapids, IA 52404
Industrial
Residence
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Unique restoration of a historic Herman Brown Sale and Maintenance facility. Recently renovated into contractor suites plus fenced exterior storage facility of approximately 2 acres +/-. 100% leased to 9 tenants with additional vehicle/truck parking available for lease that has the potential of $750.../mo in revenue. Easy access to Hwy 30 and I-380. Great visibility for a small business plus access to shared locker room, toilets, break room and conference space. Gross rental income projected at $130,000 for 2023. Partial owner is a licensed agent in Iowa.
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MLS#
2304705
Property Type
Industrial
Year Built
1949
Lot Size
2.58
Stories
1.0
Sewer
Public Sewer
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