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714 1st Street SW Cedar Rapids, IA 52404 Commercial - Business Active

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Description

A rare chance to secure a versatile property in one of the city's most dynamic and fastest-growing districts. With immediate interstate visibility, the site is ideal for businesses seeking strong traffic counts and brand exposure. The current configuration includes a commercial shop space with overhead doors and lifts, a retail/office area, and a large 1-bedroom apartment. A detached garage and additional lot provide rare flexibility for future expansion, redevelopment, or added parking. Endless possibilities for investors, owner-operators, or developers looking to capitalize on a rapidly growing district.

Property Highlights

Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1995

General Information

County: Linn
Listed By:
SKOGMAN REALTY 319-366-6427 Rachael Ray
Cedar Rapids MLS
$875,000
Est. $5,670/mo
Active
SQUARE FEET3,840 MLS#2601340
STATUSActive PROPERTY TYPECommercial - Business

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Ruhl & Ruhl Careers
563.441.1776

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714 1st Street Sw, Cedar Rapids, IA 52404.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $875,000$875,000$875,000
Down Payment $175,000$30,625$218,750
Monthly Mortgage Amount $4,197$5,220$5,406
Taxes $1218$1218$1218
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$525$0
Monthly Estimated Total $5,670$7,218$6,879

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