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13 S Linn Street Iowa City, IA 52240 Commercial - Retail Active

New - 14 Hours Ago
  • 13 S Linn Street , Iowa City, IA 52240 Main Photo

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Description

Fully leased building with two bars (both with active liquor licenses and one kitchen) on the main and lower levels, plus three residential tenants in the upper level apartments. Commercial tenants are in year 4 of a 10-year lease. Some FFE are negotiable.

Property Highlights

Property Type: Commercial - Retail
Year Built: 1917

General Information

County: Johnson
Listed By:
Edge Realty Group, Inc 319-351-3355 Jon Proud
Cedar Rapids MLS
$2,500,000
Est. $16,360/mo
New to the Market Active
SQUARE FEET10,704 MLS#2602587
STATUSActive PROPERTY TYPECommercial - Retail

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Ruhl & Ruhl Careers
563.441.1776

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13 S Linn Street , Iowa City, IA 52240.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $2,500,000$2,500,000$2,500,000
Down Payment $87,500$0$500,000
Monthly Mortgage Amount $14,915$15,517$12,152
Taxes $3479$3479$3479
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,500$0$0
Monthly Estimated Total $20,623$19,725$16,360

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