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2525 16th Avenue SW, Cedar Rapids, IA 52404

MLS Number: 2304705   |   Subtype: Commercial   |   Area: SW Quadrant
$ 995,000

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.

Property

  • County: Linn
  • Lot Size: 2.58 Acre
  • Acres: 2.5800
  • Year Built: 1949
  • Zoning: SMUCC
  • Gross tax: $24,606.00

Building

Total Building SF: 17,002
Ceiling Height: 7ft-10ft,11ft-14ft

Utilities

Utilities: Electric,Gas
Heating/Cooling: Central Air, None, Central Heat
Power Available: 220 Volt

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