411 2nd St, Coralville

  • Property Photo 1

Sale Price $1,380,000.00 ▪ MLS: 202101314

This commercial multi-use building has 5 apartments, three commercial suites and two warehouses with a total of 16,000 square feet on .77 acres of C-2 zoned Arterial Commercial land. Traffic counts on the Coralville Strip are 32,220 cars per day. Tenants include Allegra Printing, Cafe Crema coffee shop and a clothing store. SGI is $154,644, NOI is 95,585 and cap rate is 6.9%. 411 is also offered as a package deal with 517 2nd St in separate listing.

      
Directions: North side of the Coralville strip, just east of 6th Ave

Property Details

MLS #: 202101314
Sale Price: $1,380,000.00
Year Built: 1987
Sq Ft: 15792
Business: Educational, Food Services, Medical Dental, Office Building, Warehouse, Other
Construction: Steel/Metal
Floor Type: Concrete Slab/Grade, Carpet, Ceramic Tile, Vinyl/Vinyl Tile
Financing: Cash, Conventional
Utilities: Cable TV, Electricity, Natural Gas, Sewer, Telephone, Water-City
Acreage: 0.77
Lot: Irregular
Frontage: County/City Road, Pavement
Heating: Gas, Forced Air
Cooling: Central A/C

Information deemed reliable but not guaranteed


Who To Contact

Agent Photo

Coldwell Banker Real Estate Professionals

319-351-3355
 
info@cbrep.com


 Listing Office: Lepic-Kroeger, REALTORS - Agent: Jeff Edberg ▪ Information furnished by Iowa City Area Association of Realtors MLS