1060 Old Marion RD NE, Cedar Rapids, IA 52402
1060 Old Marion RD NE, Cedar Rapids, IA 52402
1060 Old Marion RD NE, Cedar Rapids, IA 52402
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$2,557,350
Est. payment /mo
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15,200 SqFt
Active

1060 Old Marion RD NE Cedar Rapids, IA 52402

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Randon Hill

Randon Hill

+1(319) 777-2127

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 15,200 sqft

Price per Sqft $168

MLS Listing ID 2601115

HOA Y/N No

Total Fin. Sqft 15200

Year Built 2003

Annual Tax Amount $46,837

Lot Size 1.350 Acres

Acres 1.35

Property Sub-Type Investment

Property Description

Fully leased multi-tenant retail property located in a well-established NE Cedar Rapids commercial corridor. The property is occupied by four tenants: Mulligans, Inspirations Salon, Taste of India (Grocery), and Taste of India restaurant, providing a diversified mix of food, retail, and service uses.

Strategically positioned with strong visibility and convenient access to major thoroughfares, the asset benefits from surrounding residential density and consistent consumer traffic. A stable, income-producing investment opportunity with diversified tenancy in a solid Cedar Rapids submarket.

Location

State IA

County Linn

Area Ne Quadrant

Zoning TRADITIO

Interior

Interior Features InteriorFeatures

Heating Central, Gas

Cooling Central Air

Flooring Concrete

Inclusions Building, Land

Fireplace No

Exterior

Parking Features Off Street

Utilities Available Electricity Available, Natural Gas Available

Water Access Desc Public

Roof Type Metal

Building

Building Description Frame, Kitchen Facilities,Multi-Tenant,Private Restrooms,Pole Sign

Sewer Public Sewer

Water Public

Structure Type Frame

Others

Tax ID 140337902700000

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/cdr/2601115

Listed by SKOGMAN REALTY COMMERCIAL

NEARBY SCHOOL & BUSINESS

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Randon Hill

Randon Hill

Agent | License ID: S67555

+1(319) 777-2127

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1060 Old Marion RD NE