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1115 Wenig Road NE Cedar Rapids, IA 52402 Commercial - Industrial Active

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Description

Terrific opportunity for small to medium sized contractor. Over 10,000 SF of shop, office and storage space. Building 1 at 4,800 SF features four service bays with 12' overhead doors, 4000 lb. crane, tool storage area and workspace, mezzanine for added storage, and both administrative and shop office space. Building 2 at 5,280 SF and built in 2021 features eight 12' overhead doors, concrete floors, and is ideal for both extra contractor storage and use as boat / RV storage for added income. Approximately 1 acre of parking and outside storage. Owners are winding down business and disposing of all business items with a June - July availability. Equipment, tools, furniture, and trade fixtures are all contracted to be sold at auction and are not available with the sale. Note that cell tower lease is not included in the purchase price and not available. Perpetual easement in place for access to the cell tower site.

Property Highlights

Property Type: Commercial - Industrial
Year Built: 1978
Lot Size: 1.83 acres

General Information

County: Linn
Listed By:
SKOGMAN REALTY COMMERCIAL 319-363-8286 Brian Rosteck
Cedar Rapids MLS
$865,000
Est. $5,605/mo
Active
SQUARE FEET10,280 MLS#2602326
STATUSActive PROPERTY TYPECommercial - Industrial

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Ruhl & Ruhl Careers
563.441.1776

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1115 Wenig Road Ne, Cedar Rapids, IA 52402.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $865,000$865,000$865,000
Down Payment $173,000$30,275$216,250
Monthly Mortgage Amount $4,149$5,161$5,344
Taxes $1204$1204$1204
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$519$0
Monthly Estimated Total $5,605$7,136$6,800

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