Property Description

Purchase a turn-key brewery in the heart of the Cedar Rapids’ vibrant downtown community. Iowa Brewing Company maintains a strong following and brand recognition throughout the state and region. This sale includes two high profile real estate parcels, 708 3rd St SE & 315 7th Ave SE, along with equipment and assets to operate the brewery, with an estimated annual capacity to produce 5,000-6,000 barrels of fermented malt beverages. The two buildings total 11,382 SF. The property features a taproom/tasting room, production area, shipping and receiving warehouse with various overhead door sizes, office space, outdoor patio space, multiple restrooms, walk-in coolers and onsite parking. Sited just two blocks from NewBo’s newest mixed-use project, Loftus, which will be home to 186 market-rate apartments, this will be a premium location for years to come. *Contact LA for a list of equipment, assets, and reserved prospects.*

Features
: Central, Gas
: Central Air
: Sprinkler/Irrigation
: Concrete
: Storage
: Public Sewer
: Electricity Available, Natural Gas Available
: Display Window(s)
Address Map
IA
Linn
Cedar Rapids
52401
3rd
708
Street
W92° 20' 16.9''
N41° 58' 27''
From I-380, take the 8th Ave exit. Travel east on 8th Ave, then north on 3rd St. SE. The property is located on the NW corner of 3rd St. SE & 7th Ave SE
SE Quadrant
SE
UFD
MLS Addon
GLD COMMERCIAL
Erica Seelman
$0
$0
$0
$0
$0
Additional Information
: Block, Concrete
3 Phase,220 Volts
: One
.36 Ac
2024-12-20
1
1
https://www.propertypanorama.com/instaview/cdr/2408563
: Public
Financial
34132.0
Listing Information
Jennifer Sexton
sextonjennif121
CGLDC
GLD COMMERCIAL
seelmanerica121
CGLDC
Cash
Active
2024-12-23T21:00:39Z
CDR
2024-12-23T13:11:25Z

708 3rd Street Se, Cedar Rapids, Iowa 52401 - Commercial Sale For Sale

708 3rd Street Se, Cedar Rapids, Iowa 52401

11,382
$2,450,000
Listing ID #2408563
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2408563
Price : $2,450,000
Square Footage : 11,382
Year Built : 1948
Lot Area : 0.36 Acre
Status : Active
F 150 : Off Street
Property Sub Type : Business
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent