Property Description

Value Added opportunity. Well under Assessed value
Opportunity to increase occupancy and revenue with some upgrades and hands on management.
4 Well located office buildings on 3.8 acres
Just north of Hobby lobby with easy access to all Lindale area businesses
Total of 53,722 Sf which calculates to only $33.41/sf
Many units can be upgraded with paint and carpet only
Excellent parking with easy access to Collins Rd and Blairsferry Rd

Features
: Central, Gas, Electric
: Central Air
: Carpet, Concrete
: Public Sewer
: Electricity Available, Natural Gas Available
Address Map
IA
Linn
Cedar Rapids
52402
North Park
5250/5270/5300/5340
Place
W92° 22' 16''
N42° 1' 58.2''
On North Park Pl NE, CR
NE Quadrant
NE
SMURC
MLS Addon
SKOGMAN REALTY COMMERCIAL
Michael Shaffer
$0
$0
$0
$0
$0
Additional Information
: Frame
220 Volts
: Two
3.8 Acres
2024-11-11
2
2
https://www.propertypanorama.com/instaview/cdr/2407857
: Public
Financial
92438.0
Listing Information
Jason Vestweber
vestweberjas121
CSKN
SKOGMAN REALTY
shaffermicha121
CSKN05
Cash,1031 Exchange
Active
2024-12-03T18:04:00Z
CDR
2024-11-12T14:09:52Z

5250/5270/5300/5340 North Park Place Ne, Cedar Rapids, Iowa 52402 - Commercial Sale For Sale

5250/5270/5300/5340 North Park Place Ne, Cedar Rapids, Iowa 52402

53,722
$1,795,000
Listing ID #2407857
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2407857
Price : $1,795,000
Square Footage : 53,722
Year Built : 1978
Lot Area : 3.80 Acre
Status : Active
F 150 : Off Street
Property Sub Type : Office
Roof : Asphalt, Shingle
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent