2100 1st Avenue NE Cedar Rapids IA 52402
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2100 1st Avenue NE Cedar Rapids IA 52402
Net Lease investment property at the corner of 1st Avenue NE and 21st St. NE/Cottage Grove SE. Currently fully leased to a single tenant and listed at an 8.6% cap rate, the property provides short-term investment income with owner flexibility to renew the lease or convert to owner-occupancy at the end of the term. Contact listing agent for landlord responsibilities. With a striking sanctuary, classrooms, meeting rooms, and offices, this property is well suited for future assembly and educational uses and boasts some of the highest traffic counts in our market. 48-hour notice to show.
MLS#
2604628
Price
$695,000
Status
Active
Property Type
Commercial Sale
Property Subtype
Investment
Property Features
Lot Size:
1.181 Acres
Taxes
$0
Property Descriptions
Parcel#
141540500500000
Utilities
Electricity Available, Natural Gas Available
Lot Dimensions:
1.181 Acres
Total Building Square Footage:
15,620 /SF
Sewer
Public Sewer
Water
Public
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