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2900/2912 1st Avenue NE

Cedar Rapids, IA 52402
  • $625,000
  • STATUS: Active
  • ON SITE: 172 Days
  • MLS #: 2401822
UPDATED: 16 min ago
$625,000
  • 0
    BEDS
  • 0.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,042
    SQFT
  • $89
    $/SQFT
Neighborhood:
NE Quadrant
Type:
Commercial
Built:
1927
County:
Linn
Area:
NE Quadrant

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Description

*Also includes 115 29th St NE, Cedar Rapids. Restored historic building by seller to create 3 commercial spaces and 2 apartments. Numerous improvements, exterior parking w/adjacent property providing 10 overflow parking spaces. Apartments are a large 1700SF 3 bedroom and a 1000SF one bedroom. Rents generate $5000/mo with annual increases. Sale does includes overflow lot for 10 cars at 115 29 St. NE.

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© 2024 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Market Real Estate Group. Data last updated: 2024-09-08T14:42:56.983.
www.buyandselliowa.com/homes/148715151
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2900/2912 1st Avenue NE Cedar Rapids, IA 52402

  • Price: $625,000
  • Status: Active
  • On Site: 172 Days
  • Updated: 16 min ago
  • MLS #: 2401822
0
Beds
0
Baths
0
½ Baths
0.43
Acres
7,042
SQFT
$89
$/SQFT
1927
Built
Neighborhood:
NE Quadrant
County:
Linn
Area:
NE Quadrant
Property Description
*Also includes 115 29th St NE, Cedar Rapids. Restored historic building by seller to create 3 commercial spaces and 2 apartments. Numerous improvements, exterior parking w/adjacent property providing 10 overflow parking spaces. Apartments are a large 1700SF 3 bedroom and a 1000SF one bedroom. Rents generate $5000/mo with annual increases. Sale does includes overflow lot for 10 cars at 115 29 St. NE.
Exterior Features

Construction Materials BlockFrameConcrete Parking Features Off Street Roof Membrane

Interior Features

Basement YN Yes Cooling Central Air Cooling YN Yes Flooring CarpetWood Heating Central Heating YN Yes

Property Features

Electric 220 Volts Lease Considered YN No Property Sub Type Investment Sewer Public Sewer Tax Annual Amount 14454 Tenant Pays ElectricityGasHeatJanitorial ServiceWater Utilities Electricity AvailableNatural Gas Available Zoning Description TMixed

Listing information © 2024 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Scott Olson of SKOGMAN REALTY COMMERCIAL: 319-363-8286.
© 2024 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Market Real Estate Group. Data last updated: 2024-09-08T14:42:56.983.
 
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Market Real Estate Group
1957 Blairsferry Rd NE
Cedar Rapids IA, 52402