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708 3rd Street SE, Cedar Rapids, IA 52401

MLS Number: 2408563   |   Subtype: Commercial   |   Area: SE Quadrant
$ 2,450,000
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 taproom/tasting room, production area, shipping and receiving warehouse with various overhead door sizes, office space, outdoor patio space, multiple restrooms, walk-in coolers and onsite parking. Sited just two blocks from NewBo’s newest mixed-use project, Loftus, which will be home to 186 market-rate apartments, this will be a premium location for years to come. *Contact LA for a list of equipment, assets, and reserved prospects.*

Property

  • County: Linn
  • Lot Size: .36 Ac
  • Acres: 0.3600
  • Year Built: 1948
  • Zoning: UFD
  • Gross tax: $34,132.00

Building

Total Building SF: 11,382
Ceiling Height: 15ft-20ft

Utilities

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

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