Purchase a turn-key brewery in the heart of Cedar Rapids’ vibrant downtown community. Iowa Brewing Company maintains a strong following and brand recognition throughout the state and region. This sale includes two high profile real estate parcels, 708 3rd St SE & 315 7th Ave SE, along with equipment and assets to operate the brewery, with an estimated annual capacity to produce upwards of 12,000 barrels of fermented malt beverages. The two buildings total 11,382 SF. The property features a...
Fully Leased and recently remodeled retail investment opportunity near Super Target! Multi-tenant retail property located along Blairs Ferry Rd NE - nearly 23,000 vehicles per day. The property was extensively renovated in 2021/2022, including a new roof, new façade and all new HVAC. Tenants include: Dunn Brothers Coffee, The Good Feet Store, and Mextizo; all leases are personally guaranteed by principals of the tenant entities. 128 parking spaces included. 7.25% CAP rate. Current NOI: $171,272; subject to annual rental increases...
*INVESTOR ALERT* Exceptional opportunity to own a historical building in downtown Cedar Rapids with an NOI of $144,000+ in place. ‘The Warehouse on 3rd’ is a unique and well-cared for building, featuring onsite parking, beautiful hardwood floors, exposed beams, tall ceilings and natural light. Only two blocks away from the NewBo District and surrounded by amenities. Tenants include a salon, interior design studio, chiropractor, architecture studio, two landscape architecture studios, law firm, fitness studio, masonry construction company, logistics company, massage...
Prime development ground on the southwest side of Cedar Rapids. Two of the last parcels available for the recent boom in residential construction in this popular area! Easy access to HWY 30 and HWY 100, while close to SW side amenities, this has been a fast growing neighborhood! Currently zoned Agricultural, Existing farm lease has been terminated and ground can be broken after harvest. Over 36.5 acres with close proximity to other new construction developments.
12,879 SF Class A office space built in 2016 located in The Depot Building in the NewBo District, adjacent to the NewBo City Market. The subject space is a first floor commercial condo with abundant parking. 25 private offices plus with 3 larger open/cubicle areas, breakroom, 3 small conference rooms along with a large board room, and 3 sets of restrooms (one of which has shower facilities). The unit is being offered for sale or lease; lease to be NNN....
Renovated 8 story and 2 story office buildings in the center of downtown revitalization. Many floors and common areas remodeled with long term track record of 85-95% occupancy. Revenue of $406,000 received in 2022 with potential of additional $60,000/year. Connection to skyway system plus several tenant amenities. Renovation project recent completed to create ADA toilets/access plus exterior painting of windows, canopy/soffit, new roof and fire escape update. Great opportunity for continued revenue growth. CA required for qualified buyers. Owners are...
This well-located industrial facility in SW Cedar Rapids is now available for sale. Currently utilized as a warehouse and distribution center, the 29,332 SF building offers a mix of warehouse space, office areas, and loading capabilities. The building features two dock doors and two overhead doors. Positioned within one mile of I-380 and 1.5 miles from Highway 30, the location offers excellent access to major transportation routes and nearby amenities. Adjacent .886 Ac lot also available for sale: $250,000. See...
Former elementary school extensively renovated for a health center with southern wing utilized by the county for a shelter program. Great opportunity for multiple uses including housing and/or private school. Includes two large multi-purpose rooms, kitchen as well as fenced outdoor green space. Two additional lots are available to purchase.
Prime 1st Avenue location directly across from Coe College and in close proximity to St. Lukes Hospital presents an exceptional opportunity for investors and developers. This highly visible property, currently improved with two apartment buildings featuring a total of 40 units, offers immediate income potential. Coe College is willing to master lease the apartments for $100K per building for up to 12 months post-closing. The site's strategic positioning, coupled with the potential to combine with the adjacent property for a...
Prime 1st Avenue location directly across from Coe College and in close proximity to St. Lukes Hospital presents an exceptional opportunity for investors and developers. This highly visible property, currently improved with two apartment buildings featuring a total of 40 units, offers immediate income potential. Coe College is willing to master lease the apartments for $100K per building for up to 12 months post-closing. The site's strategic positioning, coupled with the potential to combine with the adjacent property for a...
For additional listings throughout Linn and/or Johnson counties, please contact GLD at 319.731.3400.