97 3rd Ave Se, Cedar Rapids, IA 52401

$12,400,000
94,760
SqFt

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List Price
$12,400,000
Price Change
▼ $875,000 1760468104
MLS#
2507256
Status
ACTIVE
County
Linn
City
Cedar Rapids
Living Area
94,760
Acres
0.66

Property Description

Exceptionally Restored Historic Five Story Building on the river front and in the heart of downtown Cedar Rapids. Building construction is brick, steel and concrete with extensive renovations in 2016 including solar, high efficiency HVAC, elevators, roof, & windows. 32 stabilized market rate apartments, 61,500 SF of redeveloped commercial space that is 65% occupied with long-term tenants, 48 interior parking stalls provide additional income. The vacant commercial space is finished and furnished. Contact listing agent for NDA.

Additional Information

Days on Market
385
Year Built
1904
Stories
5
Cooling
Central Air
Heating
Central, Natural Gas
Exterior Features
Sprinkler System
Roof
Membrane

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Calculator source: Real Geeks

Listing courtesy of SKOGMAN REALTY COMMERCIAL.