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1056 5th Avenue SE Cedar Rapids, IA 52403 Commercial - Office Active

New - 4 Hours Ago
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Description

Located next to the MedQuarter in Cedar Rapids. This building is a two (2) story mixed use building with 1,725 SF of retail space on the main floor and two recently renovated (2) two bedroom apartments on the 2nd level. Perfect for an owner-user or an entrepreneurial investor. This sale comes with parcel 14223-33002-0000, which is the parking lot immediately behind this building. The main floor was most recently built out for a salon and has the infrastructure in place but the FF&E has been removed. Please call listing agent for details and showings.

Property Highlights

Property Type: Commercial - Office
Building Description: 2.0 stories
Year Built: 1950

General Information

County: Linn
Listed By:
GLD COMMERCIAL Michael Gibbs 319-731-3400
Cedar Rapids MLS
$354,999
Est. $2,324/mo
New to the Market Active
SQUARE FEET3,450 MLS#2603892
STATUSActive PROPERTY TYPECommercial - Office

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Ruhl & Ruhl Careers
563.441.1776

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1056 5th Avenue Se, Cedar Rapids, IA 52403.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $354,999$354,999$354,999
Down Payment $71,000$12,425$88,750
Monthly Mortgage Amount $1,726$2,146$2,193
Taxes $494$494$494
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$156$0
Monthly Estimated Total $2,324$2,900$2,791

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