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425 2nd St Se , Flr 2, Units 41

Cedar Rapids, IA 52401
  • $1,143
  • STATUS: Active
  • ON SITE: 356 Days
  • MLS #: 202303923
$1,143
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,720
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1982
County:
Area:

School Ratings & Info

Description

Once in a lifetime opportunity to purchase commercial real estate for $1.00! Contact listing agent for details. Ownership is highly motivated to put the units into production by virtually giving away the commercial condo units to qualified buyers or investors. HOA/Condo fees are approximately $5.35 - $5.65/SF/Yr, which includes HVAC and common area maintenance costs. These units are also available for lease at $7.00/SF gross plus desktop electric. Parking available in adjacent city ramp, which is connected by the skywalk. *SOC: $2/SF



© 2024 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 | Skogman Realty. Data last updated: 2024-07-12T00:26:03.497
www.gwenjohnson.com/homes/141709015
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425 2nd St Se , Flr 2, Units 41 Cedar Rapids, IA 52401

  • Price: $1,143
  • Status: Active
  • On Site: 356 Days
  • MLS #: 202303923
0
Beds
0
Baths
0
½ Baths
0.31
Acres
13,720
SQFT
$0
$/SQFT
1982
Built
Neighborhood:
Out Of Area
County:
Linn
Area:
Out Of Area
Property Description
Once in a lifetime opportunity to purchase commercial real estate for $1.00! Contact listing agent for details. Ownership is highly motivated to put the units into production by virtually giving away the commercial condo units to qualified buyers or investors. HOA/Condo fees are approximately $5.35 - $5.65/SF/Yr, which includes HVAC and common area maintenance costs. These units are also available for lease at $7.00/SF gross plus desktop electric. Parking available in adjacent city ramp, which is connected by the skywalk. *SOC: $2/SF
Exterior Features

Construction Materials FramePrecastConcrete Lot Size Acre Range None Lot Size Dimensions 0 Road Frontage Type CountyRoadPaved Roof Other

Interior Features

Bathrooms Total Integer 0 Cooling CentralAir Flooring Carpet Heating CentralForcedAir

Property Features

Auction Online Bid YN No Business Type OfficeBuilding Buyer Financing CashConventional Commercial Building Features SprinklerSystemOther Common Area Maintenance 0 Compensation Remarks 1.50* Expiration Date 2024-07-20 Green Verification YN No Listing Terms CashConventional Possession AtClosing Property Sub Type Office Special Features None Tax Annual Amount 10534 Tax Year 2021 Utilities ElectricityAvailableNaturalGasAvailableSewerAvailablePhoneAvailableCityWater Zoning Urban Downtown Core

Listing information © 2024 Iowa City Area Association of Realtors.
Listing provided courtesy of Adam Gibbs of GLD Commercial Real Estate Advisors: 319-731-3410.



© 2024 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 | Skogman Realty. Data last updated: 2024-07-12T00:26:03.497
 
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The Johnson Team | Skogman Realty
2530 Corridor Way
Coralville IA, 52241