Properties

PROPERTY DETAILS
Property Description :

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 Type : Commercial Sale
Listing ID : 2304705
Listing Type : For Sale
Price : $995,000
Year Built : 1949
Lot Area : 2.58 Acre
StoriesTotal : 1
Property Type : Industrial
Zoning : SMUCC
Area : SW Quadrant
Possession : Immediately
Price/SqFt : $0.00
Property Description

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.

Features
: Membrane , Metal
: Off Street
Address Map
US
IA
Linn
Cedar Rapids
52404
16th
2525
Avenue
0
More Information
Concrete
No
CSKN05
SKOGMAN REALTY COMMERCIAL
No
Public Sewer
0
: Storage
$0
$0
: Kitchen Facilities , Multi-tenant , Overhead Doors , Private Restrooms , Pole Sign , Janitorial Service
0
0
1
SW
Williams Blvd SW south turn left on 16th Avenue SW
Building,Land
No
No
No
17002
0
0
No
SMUCC
$24,606
$0
See abstract
0
: Trash Collection
: 220 Volts
No
0
0
No
No
: Public
: Common Area Maintenance , Electricity , Heat , Insurance , Taxes , Trash Collection , Water , Janitorial Service
0
0
0
0 Sqft
2525 16th Avenue SW

2525 16th Avenue SW

2525 16th Avenue, Cedar Rapids, IA 52404

  • Lot Area: 2.58 Acre
List Price: $995,000.00
Listing ID#2304705
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Q4 Agents

JASON ROGERS

Broker

1950 Boyson Road Hiawatha, Iowa 52233

Contact Jason Rogers:

319-361-3958 jrogers@Q4realestate.com

CRAIG BYERS

Realtor, CCIM

1950 Boyson Road Hiawatha, Iowa 52233

Contact Craig Byers:

319-360-7017 cbyers@Q4realestate.com

AUSTIN GEASLAND

Realtor

1950 Boyson Road Hiawatha, Iowa 52233

Contact Austin Geasland:

319-893-3279 ageasland@Q4realestate.com

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Agent info

Listing Agent: Tim Lehman

Office: Edge Realty Group, Inc

Data courtesy of Cedar Rapids Area Association of Realtors MLS

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Contact Agent

Listing Agent: Tim Lehman

Office: Edge Realty Group, Inc

Data courtesy of Cedar Rapids Area Association of Realtors MLS