COMMERCIAL INVESTMENT OPPORTUNITY
6500+ SF Brick Office Building Plus Garage!
2222 Johnson Ave NW Cedar Rapids, Iowa
Currently configured into 10 Units, Excellent opportunity for Owner/Investor
Why not house your Office in a building that will pay for itself?
Utilize for your personal offices and lease the rest out to others.
ONLINE ONLY AUCTION
Bidding ends October 30th 1:00 PM CST
Commercial building built in 1970
Lot: 93' x 407' (.87 acres)
Tax Assessment $419,000
10 Suites: 317 sq ft to 1100 sq ft
Total Square feet of building 6560
Zoned for offices; suites can be combined
Great commercial location - traffic 5001 - 10,000 cars pass daily
(Previous occupants: doctors, dentists, church, etc.)
Newer A/C, furnaces, and water heaters, 30 year shingles (8 years old)
Large lighted sign in front and side for advertising
City sewer and water, natural gas, electricity Internet: mediacom and ImOn
Walk-Out both levels
Top floor vaulted atrium
77 parking spaces
2-stall garage: newer overhead doors, windows, 30 years shingle, 4" siding, full storage above
Current income: $2757/month from 4 units
Potential income: $7378/month
Tenant pays electricity phone and cable
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Call Brent Wears for a showing: 319-624-3779
Please read all terms before bidding.