2100 1st Avenue Ne
Cedar Rapids, IA 52402

$695,000

  • 15,620
    Square Feet

Net Lease investment property at the corner of 1st Avenue NE and 21st St. NE/Cottage Grove SE. Currently fully leased to a single tenant and listed at an 8.6% cap rate, the property provides short-term investment income with owner flexibility to renew the lease or convert to owner-occupancy at the end of the term. Contact listing agent for landlord responsibilities. With a striking sanctuary, classrooms, meeting rooms, and offices, this property is well suited for future assembly and educational uses and boasts some of the highest traffic counts in our market. 48-hour notice to show.

Property Highlights

  • Cooling

    Central Air

  • Flooring

    Carpet

  • Heating

    Central, Gas

  • Year Built

    Built in 1975

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