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    411 2nd St

    Coralville, IA 52241
    • $1,380,000
    • STATUS: Active
    • ON SITE: 8 days
    • MLS #: 202005522
    UPDATED: 66 min ago
    $1,380,000
    • 0
      BEDS
    • 0.77
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,792
      SQFT
    • $87
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1987
    County:
    Area:

    School Ratings & Info

    Description

    This commercial multi-use building has 5 apartments, three commercial suites and two warehouses with a total of 16,000 square feet on .77 acres of C-2 zoned Arterial Commercial land. Traffic counts on the Coralville Strip are 32,220 cars per day. Tenants include Allegra Printing, Cafe Crema coffee shop and a clothing store. SGI is $154,644, NOI is 95,585 and cap rate is 6.9%. 411 is also offered as a package deal with 517 2nd St in separate listing.

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    © 2020 Iowa City Area Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team. Data last updated: 2020-09-18T15:25:47.59
    www.gwenjohnson.com/homes/109850500
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    411 2nd St Coralville, IA 52241

    • Price: $1,380,000
    • Status: Active
    • Updated: 66 min ago
    • MLS #: 202005522
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.77
    Acres
    15,792
    SQFT
    $87
    $/SQFT
    1987
    Built
    Neighborhood:
    Coralville
    County:
    Johnson
    Area:
    Coralville
    Property Description
    This commercial multi-use building has 5 apartments, three commercial suites and two warehouses with a total of 16,000 square feet on .77 acres of C-2 zoned Arterial Commercial land. Traffic counts on the Coralville Strip are 32,220 cars per day. Tenants include Allegra Printing, Cafe Crema coffee shop and a clothing store. SGI is $154,644, NOI is 95,585 and cap rate is 6.9%. 411 is also offered as a package deal with 517 2nd St in separate listing.
    Exterior Features

    Additional Square Feet 10000-20000 Sqft Construct Cm Steel/Metal Road Frontage County/City RoadPavement Roof Type Metal/Steel

    Interior Features

    Cooling Central A/C Elevators No Floor Type CarpetCeramic TileConcrete Slab/GradeVinyl/Vinyl Tile Heating GasForced Air

    Property Features

    Bank Owned NO Business EducationalFood ServicesMedical DentalOffice BuildingWarehouseOther Ci Features Delivery DoorDisplay WindowOther Gross Taxcounty And City 67084 Insurance Exp Per Sqft 0 Internet Yes Lease Price 0 Location Corner LotFreestanding Lot Dimensions Irregular Ownership Type Commercial Possible Financing CashConventional Sale Includes Building &Amp; Land Sale Lease For Sale Special Features Other Type Of Lease Na Utilities Available Cable TvElectricityNatural GasSewerTelephoneWater-City Zoning C2

    Listing information © 2020 Iowa City Area Association of Realtors.
    Listing provided courtesy of Jeff Edberg of Lepic-Kroeger, Realtors.



    © 2020 Iowa City Area Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team. Data last updated: 2020-09-18T15:25:47.59
     
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    The Johnson Team
    2530 Corridor Way
    Coralville IA, 52241