425 2nd St SE, Cedar Rapids

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Sale Price $1 - MLS: 202205366

Once in a lifetime opportunity to purchase commercial real estate for $1.00! Contact listing agent for details. Ownership is highly motivated to put the units into production by virtually giving away the commercial condo units to qualified buyers or investors. HOA/Condo fees are approximately $5.35 - $5.65/SF/Yr, which includes HVAC and common area maintenance costs. These units are also available for lease at $7.00/SF gross plus desktop electric. Parking available in adjacent city ramp, which is connected by the skywalk.

      
Directions: Located in Downtown CR at the corner of 4th Ave and 2nd Street SE.

Property Details

MLS #: 202205366
Sale Price: $1
Year Built: 1982
Sq Ft: 13720.0
Business: Office Building
Construction: Frame, Precast Concrete
Floor Type: Carpet
Financing: Cash, Conventional
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Phone Available, City Water
Acreage: 0.0
Lot: 0
Frontage: County Road, Paved
Energy Generation:
Heat/Cooling: Central, Forced Air, Central Air

Information deemed reliable but not guaranteed


Who To Contact

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Edge Realty Group

319-351-3355
 
info@edge-realtygroup.com


 Listing Office: GLD Commercial Real Estate Advisors - Agent: Adam Gibbs - Information furnished by Iowa City Area Association of Realtors