97 3rd AVE SE, Cedar Rapids, IA 52401
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Joshua Weuve

Joshua Weuve

+1(319) 304-5195
$ 12,400,000
Est. payment /mo
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97 3rd AVE SE Cedar Rapids, IA 52401

94,760 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 94,760 sqft

Price per Sqft $130

MLS Listing ID 2507256

HOA Y/N No

Total Fin. Sqft 94760

Year Built 1904

Annual Tax Amount $168,866

Lot Size 0.660 Acres

Acres 0.66

Property Sub-Type Investment

Property Description

Exceptionally Restored Historic Five Story Building on the river front and in the heart of downtown Cedar Rapids. Building construction is brick, steel and concrete with extensive renovations in 2016 including solar, high efficiency HVAC, elevators, roof, & windows. 32 stabilized market rate apartments, 61,500 SF of redeveloped commercial space that is 65% occupied with long-term tenants, 48 interior parking stalls provide additional income. The vacant commercial space is finished and furnished. Contact listing agent for NDA.

Location

State IA

County Linn

Area Se Quadrant

Zoning U-DC

Interior

Interior Features InteriorFeatures

Heating Central, Gas

Cooling Central Air

Flooring Concrete, Wood

Inclusions Building, Land

Fireplace No

Window Features Display Window(s)

Exterior

Exterior Feature Sprinkler/Irrigation

Parking Features Off Street

Utilities Available Electricity Available, Natural Gas Available

Water Access Desc Public

Roof Type Membrane

Building

Story 5

Sewer Public Sewer

Water Public

Others

Tax ID 142820700300000

Acceptable Financing Cash

Listing Terms Cash

Listed by SKOGMAN REALTY COMMERCIAL

Nearby Locations

Joshua Weuve

Joshua Weuve

Agent | License ID: S68214000

+1(319) 304-5195

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97 3rd AVE SE