Property Description

Position your portfolio for stable, immediate returns with this 100% leased, multi-building commercial investment property in the middle of many apartment buildings adjacent to Kirkwood College. Strong Investment Profile, ideal for 1031 exchange or portfolio expansion. Current NOI is $126,000. This property offers a turnkey investment opportunity with immediate cash flow, minimizing lease-up risk.
Two buildings of 5479 sf and 2781 sf.
Financials, lease terms, and rent roll available upon request with a signed NDA.

Features
: Central, Gas
: Central Air
: Public Sewer
: Electricity Available, Natural Gas Available
: Display Window(s)
Address Map
IA
Linn
Cedar Rapids
52404
Kirkwood
41
Court
W92° 20' 39.6''
N41° 55' 17.2''
Highway 30, South on Kirkwood Blvd and then east on Kirkwood Ct
SW Quadrant
SW
T-MC
MLS Addon
Realty87
Mitch Myers
Sqft0
Sqft0
Sqft0
Sqft0
Sqft0
Additional Information
: Block, Concrete
220 Volts
46,520
2026-05-06
: Public
Financial
31195.0
Listing Information
Michael Esker
ESKERMIKE121
CHED01
Realty87
myersmitch121
CHED01
Active
2026-05-07T17:07:37Z
CDR
2026-05-07T12:07:15Z

41 Kirkwood Court Sw, Cedar Rapids, Iowa 52404 - Commercial Sale For Sale

41 Kirkwood Court Sw, Cedar Rapids, Iowa 52404

8,391 Sqft
$1,500,000
Listing ID #2603158
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2603158
Price : $1,500,000
Square Footage : 8,391 Sqft
Year Built : 1994
Lot Area : 1.07 Acre
Status : Active
F 150 : Off Street
Property Sub Type : Investment
Roof : Membrane
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent