101 1st Avenue SE, Cedar Rapids, IA 52401

Price: $2,718,600.00


Subtype: Commercial

Area: SE Quadrant

Lot Size: 0

Acres: 0.3250

Year Built: 1957

Zoning: UDC

Gross Tax: 75,924

Traffic Count: 15001-20000

County: Linn


Electric, Gas

Heating: Central Air,Central Heat

Cooling: Central Air,Central Heat


Total Building Sq Ft: 27,186

Ceiling Height: 7ft-10ft

Floor Type: Carpet

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*SALE PENDING W/CONTINGENCIES* High profile office building sited on arguably the most visible corner in downtown Cedar Rapids. Excellent investment opportunity with the ability to occupy the first floor and also collect supplemental income from a second floor tenant. Approximately 7,000 SF of the 2nd floor is occupied by a local law office with a long-standing history in our community. The space was renovated in the last 5 years and this tenant recently renewed their lease. Per the Iowa DOT, over 18,000 vehicles pass this location daily.

Listing Agent: Angie Glick Office: GLD COMMERCIAL Data courtesy of Cedar Rapids Area Association of Realtors MLS