Property Description

Listing also includes 112/115 29th St NE and 2900/2912 1st Ave NE, Cedar Rapids. 4 historic properties restored by seller creating unique spaces for 5 commercial businesses and 5 apartments ranging from a studio to 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 First Avenue NE. 10 car overflow parking lot at 115 29th Street NE. 100% leased with lease rates increasing annually. Gross income projected at $135,000 for 2023. Owners will consider individual property sales of 901 Oakland Rd NE, $285,000; 2900/2912/115 29th Street NE, $625,000 and 112 29th Street NE, $195,000. Additional parcel #s, 14113-53007-00000, 14142-27002-00000, 1411-53006-00000

Features
: Central
: Central Air
: Carpet, Wood
: Off Street
: Electricity Available, Natural Gas Available
Address Map
IA
Linn
Cedar Rapids
52402
Oakland
901
Road
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E0° 0' 0''
N0° 0' 0''
Travel H Avenue NE to Oakland Road, right on 29th Street NE to First Avenue NE.
NE
MLS Addon
SKOGMAN REALTY COMMERCIAL
Scott Olson
$0
0 Sqft
$0
$0
$0
$0
Full,unfinished
0 Sqft
: Kitchen Facilities, Overhead Doors, Private Restrooms, Multi-tenant
0
0
River
olsonscott121
CSKN05
Varies
Active
141640402000000
: Shingle, Asphalt, Membrane
: Public Sewer
0
Varies

Commercial Sale For Sale

901 Oakland Road, Cedar Rapids, Iowa 52402

$1,065,000
Listing ID #2304704
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2304704
Price : $1,065,000
Property Sub Type : Investment
Status : Active
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent