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724 3rd Avenue SE Cedar Rapids, IA 52401 Commercial - Office Active

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Description

Ownership Opportunity! Step into history with this beautifully maintained 120-year-old landmark that blends timeless charm with modern updates! Ability to house multiple revenue lines under one roof, this two-story concrete frame building offers unique character and endless potential, located just steps from the MedQ and minutes from I-380 for easy access. Enjoy 12 off-street parking spaces plus free parking along 8th Street SE. With multiple entrances and exits, the layout easily supports single or multi-tenant use, making it ideal for offices, studios, or professional services. The fully functional basement provides extra storage and flexible space to fit your business needs. Don't miss your chance to own or lease a piece of Cedar Rapids history?schedule your private showing today and imagine the possibilities in this one-of-a-kind property!

Property Highlights

Property Type: Commercial - Office
Building Description: 2.0 stories
Year Built: 1905

General Information

County: Linn
Listed By:
Realty87 319-378-8760 Jim Angstman
Cedar Rapids MLS
$8.50 / /per sqft
Est. $11,126/mo
Active
SQUARE FEET16,800 MLS#2509237
STATUSActive PROPERTY TYPECommercial - Office

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Ruhl & Ruhl Careers
563.441.1776

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724 3rd Avenue Se, Cedar Rapids, IA 52401.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,700,000$1,700,000$1,700,000
Down Payment $59,500$0$340,000
Monthly Mortgage Amount $10,142$10,551$8,264
Taxes $2366$2366$2366
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,020$0$0
Monthly Estimated Total $14,024$13,413$11,126

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