Log In/Sign Up
Your email has been sent.
Cedar Rapids Mixed Use Portfolio 3 Properties Offered at $856,975 CAD in Cedar Rapids, IA
Executive Summary
Two historic properties restored by seller creating five (5) unique spaces. Three (3) commercial businesses and two (2) apartments (a 1-bedroom and a 3-bedroom). Numerous improvements to the buildings and exterior parking. All new streets/sidewalks by the city. Plus a major trail connection next to 2900 1st Ave NE. A ten (10) car overflow parking lot is included and located across 29th street at 115 29th St NE. The buildings are 100% leased with annual rent escalations. The gross income is projected to be $67,000 in 2026. Contract sale terms are available for a qualified Buyer (5% interest rate, 20 yr mortgage amortization, and a 3 yr principal balloon).
Property Facts
| Price | $856,975 CAD | Number of Properties | 3 |
| Price / SF | $118.91 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 7,207 SF |
| Status | Active | Total Land Area | 0.78 AC |
| Price | $856,975 CAD |
| Price / SF | $118.91 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 7,207 SF |
| Total Land Area | 0.78 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 115 29th St NE, Cedar Rapids, IA 52402 | Land | 0.10 AC | - | - |
|
A
2900 1st Ave NE, Cedar Rapids, IA 52402 |
Retail | 6,513 SF | 1930 | - |
| 2912 1st Ave NE, Cedar Rapids, IA 52402 | Retail | 694 SF | 1926 | - |
1 1
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Cedar Rapids Mixed Use Portfolio
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.