Keokuk Retail for Sale

This exceptional 22,200 SF property at 3533 Main St, Keokuk, IA, 52632 is a compelling investment opportunity with a host of standout features. The recently resurfaced parking lot and the newer building in excellent condition showcase the property's commitment to quality and maintenance. With good mechanicals and fantastic visibility on the main corridor through town and the highway leading to Illinois and Missouri, this property is strategically positioned to attract high traffic counts, with 12,100 vehicles per day on Main Street. The property has a fantastic occupancy history, 100% Occupied, with 4 great tenants, including 2 credit tenants, underscores its desirability and strong appeal to businesses and customers alike. Moreover, the potential to increase rents over time presents a promising opportunity to significantly boost revenue and enhance the property's financial performance. With almost 14 acres of land available, there is ample space to build additional buildings, whether for retail or industrial/storage purposes, offering the potential to further diversify revenue streams and expand the property's income-generating capacity. The abundance of parking adds to the property's allure, providing convenience for tenants and customers and contributing to the property's overall value proposition. In summary, this property offers a rare combination of stability, growth potential, and versatility, making it an ideal investment for those seeking a secure and lucrative opportunity in the retail and strip center market. Its prime location, strong tenant base, and expansive acreage make it a standout choice for investors looking to capitalize on the thriving commercial landscape of SE Iowa and unlock the property's full potential for long-term success and value creation. This investment opportunity provides a solid foundation for investors to establish or expand their presence in the region and benefit from the property's strong performance, promising outlook, and capacity for sustained growth and profitability.

Property Subtype:

Freestanding

Date on Market:

2024-11-22

Des Moines Office for Sale - CBD

The Depot is an iconic Des Moines historical building that is now for sale. The total building size is 20,591 sf and has two floors of office space. The building comes with a rare downtown parking lot that has 32 stalls.

Date on Market:

2024-11-15

Waterloo Office for Sale - Downtown Waterloo

Cushman & Wakefield Iowa Commercial Advisors Exclusively Offers: • 38,940 SF Former bank building on 1.308 acres • The building has 3 stories and a large parking lot • It is located in the central business district of Waterloo, IA

Date on Market:

2024-11-14

Dubuque Hospitality for Sale

Introducing the Canfield Hotel, a six-story historic property located at 36th W 4th Street in the heart of Dubuque, Iowa. This charming 54-room hotel, built with classic brick architecture, offers a rare opportunity to own a well-established hospitality asset with both standard overnight accommodations and extended stay rooms. The Canfield’s prime downtown location, proximity to local attractions, and loyal customer base make it an attractive investment for hotel operators looking to capitalize on Dubuque’s steady tourism and business traffic. Property Overview: •Size: 29,442 square feet over six floors Room Breakdown: •6 Standard rooms with 1 queen bed •42 Standard rooms with 1 double bed •1 Family room with 2 queen beds •5 Family rooms with 2 double beds • Current Usage: 24-30 rooms utilized for extended stay guests, with the remaining rooms available for nightly rentals Occupancy & Rates: •Nightly rates range from $70-80 per night •Extended stay rates range from $750-1200/month •Average daily rental rate is $45, with current occupancy at 55% The 4th and 5th floors have undergone recent upgrades, featuring new carpet, paint, furniture, and bedding. Additionally, the hotel boasts several key mechanical improvements including: • Brand-new central AC unit (2023) • New water heater (2023) • Electrical upgrades on the 4th and 5th floors (2023) • Rubber roof maintained and updated (2022) The hotel features two commercial-grade washers and dryers and utilizes a key-entry system for its guest rooms. There is also a dedicated parking lot across the street for overflow parking. With a mix of nightly guests and extended stay tenants, the Canfield Hotel offers flexible revenue streams. Currently, dynamic pricing is not utilized due to absentee ownership, presenting an immediate opportunity for a hands-on operator to optimize rates, especially during peak seasons and local events. The absence of online booking platforms (such as Expedia, Booking.com, etc.) also offers a growth area for future revenue. The property collects about 50% of its revenue in cash, offering additional flexibility. An added attraction is the popular onsite bar, which has become a local favorite with karaoke nights 3-4 times a week, even drawing in the mayor and other local patrons. The bar, which can accommodate up to 100 guests, complies with all fire and safety regulations and comes fully equipped with a karaoke system, lighting, and a transferable liquor license. The bar staff, including a dedicated bar manager, will remain in place, providing a turnkey operation. The sale also includes approximately $22,000 in bar inventory. The Canfield Hotel is fully staffed, with a hotel manager and bar manager already in place. Both are expected to stay post-sale, allowing for a seamless transition for the new owner. With the potential for higher occupancy rates, dynamic pricing, and the addition of online booking platforms, the Canfield Hotel is primed for revenue growth. Coupled with the flexibility of extended stay accommodations and the popularity of the on-site bar, this hotel offers a unique investment opportunity in a vibrant community. Key Features: •54-room hotel with extended stay capabilities • Prime downtown location in Dubuque • Significant recent mechanical upgrades • Established bar with karaoke and dedicated staff • New ownership can implement dynamic pricing and online bookings for enhanced revenue • Fully staffed, providing a smooth operational transition Don’t miss this rare opportunity to acquire a historic, revenue generating hotel in a growing market. Contact us today for more details or to schedule a private showing of the Canfield Hotel. LOCATION: Dubuque is a city in and the county seat of Dubuque County, Iowa, located along the Mississippi River. At the time of the 2020 census, the population of Dubuque was 59,667. The city lies at the junction of Iowa, Illinois, and Wisconsin, a region locally known as the Tri-State Area. It serves as the main commercial, industrial, educational, and cultural center for the area. Geographically, it is part of the Driftless Area, a portion of North America that escaped all three phases of the Wisconsin Glaciation. Dubuque is a regional tourist destination featuring the city's unique architecture, casinos and river location. It is home to five institutions of higher education. Dubuque has historically been a center of manufacturing, the local economy also includes health care, publishing, and financial service sectors. For those of you not familiar with Dubuque, IA it is located approximately: •Chicago, IL (approx. 3.5–4 hours) •Milwaukee, WI (approx. 2.5–3 hours) •Madison, WI (approx. 1.5–2 hours) •Des Moines, IA (approx. 3–3.5 hours) •Minneapolis-St. Paul, MN (approx. 4.5–5 hours) •Quad Cities (Davenport, IA / Moline, IL) (approx. 1.5 hours) •Cedar Rapids, IA (approx. 1.5 hours) •Rockford, IL (approx. 2 hours) Dubuque has an unemployment rate of 4.6%. The US average is 6.0%. Dubuque has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 22.9%, which is lower than the US average of 33.5%. The Sales Tax Rate for Dubuque is 7.0%. The US average is 7.3%. The average income of a Dubuque resident is $32,429 a year. The US average is $37,638 a year. The Median household income of a Dubuque resident is $58,691 a year. The US average is $69,021 a year. The median home cost in Dubuque is $208,400. Home appreciation the last 10 years has been 55.3%. Home Appreciation in Dubuque is up 13.6%. Renters make up 33.5% of the Dubuque population. Renting a two-bedroom unit in Dubuque costs $940 per month, which is 34.3% cheaper than the national average of $1,430 and close to the state average of $930. Dubuque violent crime is 14.1. (The US average is 22.7) Dubuque property crime is 42.4. (The US average is 35.4)

Property Subtype:

Hotel

Date on Market:

2024-10-16

Sioux City Retail for Sale

Fully leased investment property located in downtown Sioux City. Currently home to La Familia Nightclub (leased since 2017) and Hdmona Bar (leased since 2022). No parking lot to maintain and no roof to service/replace! Rent roll and P&L to be released with a fully executed NDA.

Property Subtype:

Restaurant

Date on Market:

2024-06-20

Sac City Retail for Sale

This highly visible free-standing store is located on Main/255th Street, just south of Highway 20 (one of Iowa‘s main east-west highways) in Sac City, Iowa. The 9014 SF freestanding build-to-suit building fis located on 1.31 acres, just west of downtown Sac City. Dollar General has occupied this location since it was new in 2004. Property is secured with a recently renewed NN+ lease, which includes percentage rent and minimal landlord responsibilities. Tenant also reimburses Landlord for property taxes and parking lot maintenance. Dollar General is the nation‘s leading small community discount store and posted $38.7B in annual sales in 2023.

Date on Market:

2023-02-21

Dubuque Office for Sale

Being located right off of Hwy 61, this property provides easy access in and out of Dubuque, which is less than 5 miles north. The property comes with 19 offices and a large open area. There is Hi-Tech software within the building and includes a 5.96/1000sf parking ratio that entails a parking lot wrapped around the entirety of the building. 301 Data Ct is located among numerous retailers and restaurants in Key West, IA.

Property Subtype:

Medical

Date on Market:

2022-05-16

Davenport Hospitality for Sale - Greater Davenport

Jon Ruzicka // Broker of Record // License IA B63379000 Property Tours Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers. Marcus & Millichap has been chosen to exclusively offer for sale the Best Western Plus Steeplegate Inn, a two story full service hotel with food & beverage operated by lessee, located at the crossroads of Interstate 80 and U.S. Route 61 in Davenport, Iowa. The hotel consists of 118 interior corridor rooms and benefits from close proximity to several attractions and businesses within the Quad Cities Metropolitan area. Amazon recently opened a 2.3-million square-foot, state-of-the-art robotics fulfillment center nearby, with the Best Western Plus Steeplegate Inn being the closest hotel to the site. Meta's subsidiary plans an $800 million data center in Davenport, supported by a $161 million tax exemption. The project will break ground in 2025 and finish in 2027, expanding Iowa's role as a data center hub. Amenities include a heated indoor pool & spa, spacious atrium, outdoor patio with seating, fitness center and complimentary breakfast. Business amenities include a business center and more than 8,000 square feet of meeting space. The hotel's F&B is leased out and run by the lessee. The F&B lessee provides catering services for events held at the hotel. The lessee also pays $120,000/year and 30% of the hotel's utility costs. F&B lease commences in September 2024 for events, bar and restaurant. Hotel is responsible for guest breakfast. The cost of capital property improvements in 2023 & 2024 total $756,750 and include 3 phase wiring in all guest rooms, new LVT flooring in 92 guest rooms, new PTAC units in 106 guest rooms, replacement of windows in poor shape in the amount of $36,000, new Atrium HVAC, new outdoor LED parking lot lighting, etc. Additionally, a new $346,380 solar roof has reduced the hotel's electric costs by 30% in its first six months.

Property Subtype:

Hotel

Date on Market:

2026-03-13

Cedar Rapids Office for Sale - Downtown Cedar Rapids

Cushman & Wakefield Iowa Commercial Advisors Exclusively Offers: US Bank Complex | Downtown Cedar Rapids This generational opportunity includes a 186,355 SF building, a 42 stall surface parking lot, and a 256 stall parking garage. The historic building was originally built in 1926, with additions completed in 1964 and 1980. The possibilities for redevelopment are wide, as this property is located in the heart of downtown Cedar Rapids.

Date on Market:

2025-05-14

Des Moines Office for Sale - CBD

Please contact brokers for additional information.

Date on Market:

2024-05-08

Mitchellville Multifamily for Sale - Northeast

Well Maintained 8-Plex - Day 1 Cashflow + Clear path to further NOI growth Stanbrough Realty is pleased to offer 113 2nd St NE, Mitchellville, IA to both local and regional investors. The property is currently 100% occupied and consists of eight (8) 2BR/1BA units, ideally positioned on the corner of 2nd & Park Ave directly across from the Mitchellville Community Center. 113 2nd St NE has been well maintained and professionally managed throughout ownership, featuring clean common areas, a private parking lot, and a brand-new boiler system installed in 2025. While units retain original cabinetry, turnovers during current ownership have included upgrades such as LVP flooring, new carpet, and fresh paint, supporting overall unit quality and tenant appeal. The Mitchellville submarket is characterized by limited multifamily supply, consistent workforce-driven demand, and strong connectivity to the Des Moines metro, supporting durable occupancy fundamentals. Historically, the property has maintained near-full occupancy with minimal downtime between leases, reflecting stable tenant demand and efficient turnover. Investment highlights Quiet & clean 8-Plex that features clean common areas and ideal tenant profile. GROSS MONTHLY RENT: $5880/Mo 2BR/1BA Units (710 SF) AVG RENT - $735 Market Rent - $810 Owner Utilities - Heat, Water, Common Area Electric Recent 2025 Capital Expenditures Include; Boiler System Replacement (2025) & Parking Lot Seal (2025) 5/8 units reside MTM allowing a new investor to raise rents/implement RUBS at acquisition.

Property Subtype:

Apartment

Date on Market:

2026-03-30

Waterloo Flex for Sale

This offering presents a new construction industrial building opportunity in Waterloo, Iowa. The project is designed as a flexible shop / warehouse & office facility, offering both a cost-effective shell option and a fully finished turn-key solution. We have 3 typical sizes that we build. 6,192 sqft. (31x32 office, 50x104 shop) 8,502 sqft. (31x42 office, 60x120 shop) 13,248 sqft. (32x54 office, 80x144 shop) Note 1: If this isn’t exactly what you are looking for, we can mix & match different office & shop sizes to your liking. The attached images can help as a guide. Or we are happy to meet with you to talk through your, your clients, or your investment needs. Note 2: We can even divide the office & shop in half so you can own the building but lease half of it as an investment / income property. You could also occupancy the front half and lease the back space as a shop, indoor, or outdoor storage. We are offering 2 options to the market. The Vanillla Shell option gives clients the ability to finish it themselves or customize to their liking. The Finished option offers a beautiful turn-key workable space ready to go. Lot Information: Lot Number: 2 Lot Size: 3.35 ac. Parcel: 881306426047 Building Dimensions: Office: 32’ x 54’ | 1,728 sqft. Shop: 60’ x 120’ | 11,520 sqft. Total Building: 13,248 sqft. Pricing Summary Vanilla Shell: Price: $1,964,317 Estimated Monthly Payment: $9,380 Lease Rate | Base Rent: $12,194 / month Finished Turn-Key: Price: $2,800,986 Estimated Monthly Payment: $13,375 Lease Rate | Base Rent: $17,388 / month ** We typically have the building erected and ready for occupancy in approximately 12-16 weeks. Property Overview Post frame construction with insulated shop, 20’ ceiling height, four 16’ x 16’ overhead doors, 200 amp electrical service, LED lighting, and full utilities to the building. Office Layout (Finished Option) Reception area, 5 private offices, 12 - chair conference room, breakroom with kitchenette, 2 - restrooms, LVP flooring, and data/storage closet. Site & Civil Improvements The Vanilla Shell option Includes grading, utilities, aggregate base, and stormwater infrastructure, building erection, and insulation with 16’x16’ OH doors and 3’ walk in doors. We leave the floor gravel due to clients having different wants, needs, and sometimes the client wants to finish it themselves to save money. Finished option includes concrete parking lot, apron, office & shop finished to city code. Turn key product similar to the attached image. 10’ ceilings in the office & 20’ eve height in the shop. Customization Options Options include floor drains, radiant heat, wash bays, mezzanine space, 3-phase power, and security systems. Location Overview Located in the heart of the Cedar Valley about a block from the Loves Truck stop, right off the corner of Highway 20 and Highway 63, Iowa, about 2 blocks to the interstate interchange. Investment Highlights There is strong demand for contractor flex space with outside storage and ample parking, low maintenance construction, and flexible lease or owner-user strategies. • New construction, low maintenance • Strong contractor / industrial demand • Flexible build-to-suit options • Attractive lease vs ownership spread Building Features • 20’ clear height shop • (4) 16’x16’ overhead doors • 200 amp electrical • Utilities to building • Insulated shop with liner panel Customization Options The options are almost limitless. Floor drains, radiant heat, wash bays, mezzanine storage, 3-phase power, security systems, fence, gate, loading ramp or dock and more. We work closely with Dupaco Community Credit Union for flexible financing that can include interest only payments for the first 12 months. If you have any questions, feel free to give us a call. Happy to help.

Date on Market:

2026-03-28

Spencer Retail for Sale

Prime Location | Situated on the main retail corridor in Spencer, providing unique tenant appeal and long-term real estate value. High Credit Anchor Tenant | TJ Maxx committed to a long-term lease at the site, and has an S&P Credit Rating of "A" and over 1,300 locations nationwide. Only TJ Maxx within a 50-Mile Radius | TJ Maxx experiences over 295,000+ Annual Visitors, per Placer.ai. Minimal Landlord Responsibilities | All tenants operate under NNN leases, limiting landlord exposure to expenses. Recent Capital Improvements | Parking lot was fully replaced in 2023, West Wing Roof replaced in 2025, East Wing Roof replaced in 2023, and TJ Maxx Roof partially replaced in 2025. Strong Tenancy Mix | 80% of the GLA is Occupied by National Tenants (TJ Maxx, Maurices, Cricket Wireless, Rent-A-Center). Value-Add Potential | Upside opportunity through leasing two vacant units totaling 2,560 Sqft. Strong Remaining Lease Term | Over 5.7-Years of WALT with Multiple Options & Rental Increases Recently Extended Leases | Four Tenants Recently Extended Their Leases, Demonstrating Their Commitment to the Site. Excellent Traffic & Visibility | 9,038+ vehicles per day with strong visibility and ease of access. Shadow Anchored By a Walmart Supercenter | Walmart experiences over 1.6M+ Annual Visitors, per Placer.ia, and is the only Walmart within a 20-mile radius. Positioned along Spencer's Primary Retail Corridor | Walmart, Menards, Bomgaars, Hobby Lobby, Dunham's Sports, Shoe Sensation, JC Penny, Jersey Mike's, Taco Bell, McDonald's, etc.

Date on Market:

2026-02-19

Davenport Retail for Sale - Greater Davenport

Former O’Reilly Auto Parts | Value-Add Retail + Excess Land | Davenport, IA Description: Former O’Reilly Auto Parts retail building available for sale in a high-visibility corridor in Davenport, Iowa. This 6,776 SF steel-frame building, constructed in 2001, sits on a total of 3.21 acres and offers a compelling value-add or owner-user opportunity. The property features approximately 1.56 acres of improved site area with an additional 1.65 acres of excess land, creating significant upside potential for future development. The adjacent parcel is currently zoned R- MF (Multi-Family Residential), allowing for a variety of compatible uses including residential, mixed-use, or limited commercial applications. Located along E Locust Street with traffic counts of approximately 17,800 vehicles per day, the site offers excellent exposure and accessibility. The building is currently vacant and ready for repositioning. A previously crushed sewer line has been fully repaired and is now functional, removing a major prior concern for buyers. This offering is priced below assessed value, presenting an attractive basis compared to both replacement cost and market comps. Property Highlights: 6,776 SF retail building (former auto parts store) Built in 2001 | Steel frame construction 3.21 total acres 1.56 acres improved 1.65 acres excess land Zoned Commercial + adjacent R-MF (Multi-Family) Traffic count: ~17,800 VPD Concrete parking lot (~19,200 SF) 1 overhead door (6’ x 7’) Vacant – immediate occupancy Sewer line repaired and fully operational Priced below assessed value ($912,190) Financials: Price: $859,031 Taxes: $27,720/year Investment Highlights: Below-market basis vs. recent comparable sales Strong redevelopment or adaptive reuse potential Excess land creates additional value and exit strategies Ideal for owner-user, investor, or developer Located in established retail corridor in Davenport Note: Had a crushed sewer line and that is now repaired and fully functional. Taxes: $27,720 / yr. Bonus adjacent lot currently zoned for multi-family. Assessor Site: https://beacon.schneidercorp.com/Application.aspx?AppID=1024&LayerID=21532&PageTypeID=4&PageID=9191&Q=1962953889&KeyValue=D0063-11

Property Subtype:

Freestanding

Date on Market:

2026-02-03

Bondurant Multifamily for Sale - Northeast

Property Subtype:

Apartment

Date on Market:

2026-01-21

Cedar Rapids Specialty for Sale

Former Northbrook Baptist Church for Sale. The property includes a 10,000+ Congregation Room, Kitchen, and ample Office and Classroom space. New Congregation room constructed in 2002. Roof cover replaced in 2020. Great opportunity for a Church looking to expand in the market. Alternative uses include a day care or private school. Possession Immediate. Contact listing broker for showing instructions.

Property Subtype:

Religious Facility

Date on Market:

2025-12-09

Glenwood Retail for Sale - W Mills County

Dollar General and Anytime Fitness have both recently executed lease extensions through 2030. Annual rent increases for Anytime Fitness and rent increase for Dollar General at next renewal option. High visibility frontage on S Locust St directly off the Hwy 34 on/off ramps in Glenwood, IA. Part of the main retail corridor with strong co-tenants like McDonalds, O'Reilly Auto Parts, Subway, Bomgaars, Medicap Pharmacy and Casey's. Newly refinished asphalt parking lot. 30 minutes to Council Bluffs and Omaha MSAs. 20 minutes to Offutt Air Force Base

Property Subtype:

Storefront

Date on Market:

2025-11-12

Coralville Office for Sale

This is a three story fully built out class A, elevator served, brick office building in the successful Town Square office/retail complex at the NEC of 6th Street & 10th Ave, just north of 5th Street, in Coralville, Iowa. The building is a total of 25,248 square feet. The lowest level is full daylight with garden windows & walk-up exterior exits. There are approx 35-40 offices/exam rooms & conference rooms on each floor with full ADA bathrooms, storage & service areas as required. The former occupant was the Coralville location of the Veteran's Administration Medical Clinic so many of the offices/exam rooms have hand sinks. The east side of the building features a grand two-story portico supported by 4 columns protecting the main entrance. There is a large off-street parking lot serving this & other buildings in the development with a disproportionate number of handicapped spaces at this front entry. The building is vacant & ready for the next tenant, or owner as the Property is offered for both lease or sale. The base rate of $14.00 plus pass through expenses comes to $45,699 per month, see additional listing.

Property Subtype:

Medical

Date on Market:

2025-08-13

Urbana Industrial for Sale

Industrial/Warehouse built in 2016, situated on a spacious lot with plenty of green space with For Sale and For Lease option. High visibility location backing up to I-380 in Urbana, Iowa. Traffic counts on I-380 in this area exceed 30,000. The 2,940 square foot building is furnished with two 14' X 14' overhead doors, office area, security lighting on building, warehouse equipment and storage space. The off-street parking lot has plenty of room to park vehicles and equipment.

Property Subtype:

Warehouse

Date on Market:

2025-07-10

Winterset Office for Sale - Madison County

Opportunity awaits for you to grow your business in the bustling town of Winterset. Located on a busy main road close to the schools and the school's sports complex, this multi-use building has over 4700 square feet of space as well as a basement with garage space! Currently zone TD1 this could be used for many different businesses. It is set up to house 2 separate businesses or one large operation. There are private office spaces, exam room spaces, conference room areas and a huge front lobby. There is also a basement garage area. Most recent uses were a dental office and a physical therapy office. This building sits on 2.55 acres, m/l. There is plenty of parking and green space. This building is handicap accessible. This sale includes 4 different parcel numbers. Call you favorite agent to schedule a showing today!

Property Subtype:

Medical

Date on Market:

2025-07-09

Sioux City Office for Sale

Marcus and Millichap is proud to offer for sale fee simple ownership in the Affordable Dentures & Implants property located along Sunnybrook Court in Sioux City, Iowa. Affordable Dentures & Implants operate over 400 locations across 42 states and are a leading provider in tooth replacement services. The site was a build to suit for Affordable Dentures in 2012 and they’ve continuously operated since, most recently executing a lease extension through June 30th, 2030. The lease structure includes minimal landlord responsibilities and offers 5% rental increases every 5 years. The property is located conveniently one block off Highway 75 (23,446 VPD) in close proximity to Lowe’s, Target, Hobby Lobby, Fleet Farm, Ulta Beauty and Sherwin Williams. Household incomes exceed $100,000 within one mile of the subject property. Sioux City, Iowa is the fourth most populated city in the state and the county seat of Woodbury County. Sioux City serves as the regional hub for business, employment, retail, medical care, education and tourism. Top employers include Tyson Foods, Seaboard Triumph Foods UnityPoint Health and the National Guard’s 185th Air Refueling Wing.

Property Subtype:

Medical

Date on Market:

2025-05-06

Clarion Retail for Sale

Unique opportunity to own this commercial property. Included in the purchase, and updated within the last 2 years, gravel parking lot, shelving, walk-in cooler, updated wiring, security system, ballistic glass windows, new flooring, updated public restroom, and income from billboard lease.

Date on Market:

2025-01-21

Sioux City Office for Sale

Office building located on busy Gordon Drive (US Hwy. 20) in Sioux City, Iowa. The main floor of the building (5,220 SF) features 12 individual offices, a reception area, men’s and women’s restrooms,an open work space for cubicles, and a large conference room.The upper level (1,200 SF) features an open work area with great natural light. The lower level (5,220 SF) includes a break room,restrooms, an open work area, and storage. All three levels are climate controlled and have elevator access. The total square footage for all three floors is 11,640 SF and the parking lot includes 65 parking spots. The office is centrally located in the market with easy access to Hwy 20 and Interstate 29 and a traffic count of 19,800 VPD. **This building is available for sale or lease.

Property Subtype:

Office/Residential

Date on Market:

2024-03-25

Cedar Rapids Portfolio of properties for Sale

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 Subtype:

Mixed Types

Date on Market:

2023-08-04