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62 SW 16th Avenue

Cedar Rapids, IA 52404
  • $530,000
  • STATUS: Active
  • ON SITE: 193 Days
  • MLS #: 202400033
UPDATED: 168 min ago
$530,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,442
    SQFT
  • $119
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1928
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Exciting opportunity awaits in the heart of Czech Village with a second-generation restaurant space or retail space for sale, meticulously designed and strategically located to capture the vibrant energy of this historic community. This prime commercial property comes complete with a fully renovated bar, dining area, large outdoor fenced in patio area and charming ambiance ready for your culinary or retail vision. What sets this offering apart is the added bonus of a newly renovated two-bedroom apartment, providing not only a unique live-work opportunity but also potential rental income. Don't miss out on the chance to be part of the thriving business scene in Czech Village, where tradition meets modernity. Seize this turnkey solution and transform your entrepreneurial dreams into reality! The existing furniture, fixtures and equipment are not included in the sale price, however, are available for purchase. Commissions on Sale: 6% of the first $1,000,000 of gross sale price, 5% of the second $1,000,000 of gross sale price, 4% of the third $1,000,000 of gross sale price, and 3% thereafter.

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© 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: 2024-07-14T00:26:14
www.gwenjohnson.com/homes/146329151
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62 SW 16th Avenue Cedar Rapids, IA 52404

  • Price: $530,000
  • Status: Active
  • On Site: 193 Days
  • Updated: 168 min ago
  • MLS #: 202400033
0
Beds
0
Baths
0
½ Baths
0.29
Acres
4,442
SQFT
$119
$/SQFT
1928
Built
Neighborhood:
Out Of Area
County:
Linn
Area:
Out Of Area
Elementary School:
Grant Wood
Middle School:
Wilson
High School:
Jefferson
Property Description
Exciting opportunity awaits in the heart of Czech Village with a second-generation restaurant space or retail space for sale, meticulously designed and strategically located to capture the vibrant energy of this historic community. This prime commercial property comes complete with a fully renovated bar, dining area, large outdoor fenced in patio area and charming ambiance ready for your culinary or retail vision. What sets this offering apart is the added bonus of a newly renovated two-bedroom apartment, providing not only a unique live-work opportunity but also potential rental income. Don't miss out on the chance to be part of the thriving business scene in Czech Village, where tradition meets modernity. Seize this turnkey solution and transform your entrepreneurial dreams into reality! The existing furniture, fixtures and equipment are not included in the sale price, however, are available for purchase. Commissions on Sale: 6% of the first $1,000,000 of gross sale price, 5% of the second $1,000,000 of gross sale price, 4% of the third $1,000,000 of gross sale price, and 3% thereafter.
Exterior Features

Construction Materials Frame Lot Size Acre Range LessThanHalfAcre Lot Size Dimensions Irregular Road Frontage Type CountyRoadInterstatePaved Roof Composition

Interior Features

Bathrooms Total Integer 0 Cooling CentralAir Flooring ConcreteSlabGrade Heating Central Interior Features ZeroStepEntry

Property Features

Auction Online Bid YN No Business Type FoodAndBeverageRetailMixed Buyer Financing CashConventionalExchange Commercial Building Features DeliveryDoorDisplayWindow Common Area Maintenance 0 Compensation Remarks 3% Expiration Date 2024-11-30 Green Verification YN No Listing Terms CashConventionalExchange Possession Immediate Property Sub Type Retail Special Features None Tax Annual Amount 6769 Tax Year 2023 Utilities ElectricityAvailableSewerAvailablePhoneAvailableCityWater Zoning Urban Village General

Listing information © 2024 Iowa City Area Association of Realtors.
Listing provided courtesy of Craig Byers of Q4 Real Estate: 319-294-3339.



© 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: 2024-07-14T00:26:14
 
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The Johnson Team | Skogman Realty
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