$540,000

2222 Johnson Avenue NW

Cedar Rapids IA, 52405

Description

Suite #1 available for lease: 2,527 SF. $80,000 in recent renovations! Newer HVAC, water heaters and shingles. Upper level in move in ready with ADA compliant restrooms and break room. New paint, flooring, restrooms and break room. Lower level and garage is fully rented. 2019 income was $45,360. Great property for an owner occupier that is looking for some additional income. Only vacancy is the renovated upper level at 2,527 SF. Parking lot was just sealed and striped. 56 parking spaces.

Details

MLS#2001462
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1970
Days On Site205

Features

Story(s)2
ZoningTMUL

Market Activity 52405

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Area Information
StateIA
CountyLinn
CityCedar Rapids
Zip Code52405
AreaLinn
Listing VS Median (in 52405)
Price:
$540,000
low | high
Med:
$134,900
100% of Average
On Site:
205
low | high
Med:
5
100% of Average
Listing Updated: 09/19/2020
Angie Glick LogoMLS Number: 2001462
Listing Provided By:
Angie Glick  of  GLD COMMERCIAL