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
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County: Linn
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Lot Size: 2.58 Acre
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Acres: 2.5800
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Year Built: 1949
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Zoning: SMUCC
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Gross tax: $24,606.00
Building
Total Building SF: 17,002
Ceiling Height: 7ft-10ft, 11ft-14ft
Utilities
Utilities: Electricity Available, Natural Gas Available
Heating/Cooling: None Heat, Central Heat, None, Central Air
Water Source: City Water
Sewer: City Sewer
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