Exceptionally Restored Historic Five Story Building on the river front and in the heart of downtown Cedar Rapids. Building construction is brick, steel and concrete with extensive renovations in 2016 including solar, high efficiency HVAC, elevators, roof, & windows. 32 stabilized market rate apartments, 61,500 SF of redeveloped commercial space that is 65% occupied with long-term tenants, 48 interior parking stalls provide additional income. The vacant commercial space is finished and furnished. Contact listing agent for NDA.
MLS#
2507256
MLS Feed
Trestle
Price
$13,275,000
Status
Active
Property Type
Commercial Sale
Property Subtype
Investment
Property Features
Lot Size:
0.66 Acres
Taxes
$168,866
Property Descriptions
Parcel#
142820700300000
Utilities
Electricity Available, Natural Gas Available
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