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5005 Bowling St SWCedarRapids, IA 52404

Linn County

$1,995,000List price
1999Year built
2.84Acre lot
14 months agoOn market

Description

This office investment is well-suited for an owner-user seeking supplemental income. The property is currently configured as a four-tenant building, with three established healthcare tenants in place occupying 71% of the space. The remaining 5,090 SF is available for an owner occupant, offering the opportunity to build equity while benefiting from existing rental income. All tenants are regional healthcare providers with multiple locations across the Midwest.

Property Information

Property type
Commercial Sale
Sub-type
Office
Year built
1999
Lot size
2.84 acres
Zoning
Sub Mixed Use Comm Ctr
Days on market
441
MLS® Listing#
202505206

Property Features

Cooling
Central Air
Heating
Central
Flooring
Carpet · Concrete
Construction
Brick
Roof
Other
Security
Security System · Fire Sprinkler System
Utilities
Electricity Available · Natural Gas Available · Sewer Available
Water source
Public

Financial Details

Annual taxes
$64,504Tax year 2024
Parcel number
19102-52002-00000

Directions

On Hwy 30 take the Bowling Street exit then turn right on 50th Avenue Drive SW. The building is on your immediate right. Located on the SE corner of Bowling Street and 50th Avenue Drive SW.

Listing Courtesy: GLD Commercial Real Estate Advisors - 3197313410

Presented by: Angie Glick

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