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2525 16th SW Avenue, Cedar Rapids, IA 52404
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$995,000
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Home Details for 2525 16th SW Avenue
Price
$995,000
Type
Commercial/Industrial
Year Build
1949
Sq. Ft.
17002
Lot Size
2.58
County
Linn
Tax
$24,606
MLS®️ Listing#
2304705
On exitrealty.com
512 days
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.
- Cooling Information
- None
- Central Air
- Heating Information
- None
- Central
- Utilities
- Electricity Available
- Natural Gas Available
- Water Features
- Public
- House Interior
- Storage
- Parking
- Off Street
Listing courtesy: SKOGMAN REALTY COMMERCIAL - 319-363-8286. Presented by: Scott E Olson
Listings courtesy of the Cedar Rapids Area Association of Realtors.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.
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$995,000
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EXIT EASTERN IOWA REAL ESTATE
1965 51st St. N.E Suite A, Cedar Rapids, IA 52402