1229-1233 1st AVE SE, Cedar Rapids, IA 52403
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1229-1233 1st AVE SE, Cedar Rapids, IA 52403
1229-1233 1st AVE SE, Cedar Rapids, IA 52403
1229-1233 1st AVE SE, Cedar Rapids, IA 52403
1229-1233 1st AVE SE, Cedar Rapids, IA 52403
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Ethan Graham

Ethan Graham

+1(319) 777-1254
$ 525,000
Est. payment /mo
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1229-1233 1st AVE SE Cedar Rapids, IA 52403

7,450 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 7,450 sqft

Price per Sqft $70

MLS Listing ID 2606833

HOA Y/N No

Total Fin. Sqft 7450

Year Built 1956

Annual Tax Amount $10,643

Lot Size 0.257 Acres

Acres 0.257

Property Sub-Type Office

Property Description

A strong owner-user opportunity in Cedar Rapids' MedQuarter at 1229-1233 1st Avenue SE, directly across from Coe College. This 7,450 SF multi-tenant office property is partially leased, so a buyer can occupy the space they need today while existing tenants help offset ownership costs. Vacant space also leaves room for future expansion or added income through value-add leasing. Off-street parking will be available through an REA being established by current ownership. Well maintained with on-site management, excellent 1st Avenue visibility, Urban zoning, and quick access to downtown and I-380

Location

State IA

County Linn

Area Se Quadrant

Zoning Urban

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air

Flooring Carpet

Inclusions Building, Land

Fireplace No

Exterior

Utilities Available Electricity Available, Natural Gas Available

Water Access Desc Public

Roof Type Membrane

Building

Building Description Frame, Kitchen Facilities,Multi-Tenant,Private Restrooms

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame

Others

Tax ID 142225700800000/142225700700000

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/cdr/2606833

Listed by Skogman Realty Co
Ethan Graham

Ethan Graham

Agent

+1(319) 777-1254

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1229-1233 1st AVE SE