Property Description

This office investment is well-suited for an owner-user seeking supplemental income. The property is currently configured as a three-tenant building, with two established healthcare tenants in place occupying 58% of the space. The remaining 9,980 SF is available for an owner occupant, offering the opportunity to build equity while benefiting from existing rental income. Both tenants are regional healthcare providers with multiple locations across the Midwest.

Features
: Central
: Central Air
: Sprinkler/Irrigation
: Carpet, Concrete
: Storage
: Public Sewer
: Electricity Available, Natural Gas Available
Address Map
IA
Linn
Cedar Rapids
52404
Bowling
5005
Street
W92° 20' 35.6''
N41° 55' 46.1''
On Hwy 30 take the Bowling Street exit then turn right on 50th Avenue Drive SW. The building is on your immediate right. Located on the SE corner of Bowling Street and 50th Avenue Drive SW.
SW Quadrant
SW
SMC
MLS Addon
GLD COMMERCIAL
Angie Glick
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Additional Information
: Steel
220 Volts
: One
2.84 Ac
2025-08-13
1
1
https://www.propertypanorama.com/instaview/cdr/2507025
: Public
Financial
64504.0
Listing Information
Rachel Waters
watersrachel121
CGLDC
GLD COMMERCIAL
glickangie121
CGLDC
Cash,1031 Exchange
Active
2025-09-03T17:23:06Z
CDR
2025-08-14T11:50:56Z

5005 Bowling Street Sw, Cedar Rapids, Iowa 52404 - Commercial Sale For Sale

5005 Bowling Street Sw, Cedar Rapids, Iowa 52404

17,285 Sqft
$1,995,000
Listing ID #2507025
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2507025
Price : $1,995,000
Square Footage : 17,285 Sqft
Year Built : 1999
Lot Area : 2.84 Acre
Status : Active
F 150 : Off Street
Property Sub Type : Office
Roof : Membrane
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent