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2900/2912 1st Avenue NE, Cedar Rapids, IA 52402

MLS Number: 2401822   |   Subtype: Commercial   |   Area: NE Quadrant
$ 625,000
*Also includes 115 29th St NE, Cedar Rapids. Restored historic building by seller to create 3 commercial spaces and 2 apartments. Numerous improvements, exterior parking w/adjacent property providing 10 overflow parking spaces. Apartments are a large 1700SF 3 bedroom and a 1000SF one bedroom. Rents generate $5000/mo with annual increases. Sale does includes overflow lot for 10 cars at 115 29 St. NE.

Property

  • County: Linn
  • Lot Size: .43 Acre
  • Acres: 0.4300
  • Year Built: 1927
  • Zoning: TMixed
  • Gross tax: $14,454.00

Building

Total Building SF: 7,042
Ceiling Height: 7ft-10ft

Utilities

Utilities: Electricity Available, Natural Gas Available
Heating/Cooling: Central Heat, Central Air
Sewer: City Sewer

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