Cedar Rapids, IA 52403,230 38th St Dr SE
Cedar Rapids, IA 52403,230 38th St Dr SE
Cedar Rapids, IA 52403,230 38th St Dr SE
Cedar Rapids, IA 52403,230 38th St Dr SE
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$ 775,000
Est. payment | /mo

0.48 Acres Lot


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$ 775,000
Est. payment | /mo
Save

0.48 Acres Lot

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202600140

Year Built 1972

Annual Tax Amount $23,540

Tax Year 2024

Lot Size 0.479 Acres

Acres 1.66

Property Sub-Type Industrial

Property Description

Well-located 20,860 SF industrial building situated on 1.66 acres in southeast Cedar Rapids. The property features fenced outdoor storage—an increasingly hard-to-find and highly sought-after amenity in today's market. This asset offers a compelling value-add investment opportunity with upside potential through lease-up, rental rate growth, and by making building and parking lot improvements. The functional building layout and ample site area provide flexibility for a wide range of warehouse, contractor, service, and light manufacturing users.

Location

State IA

County Linn

Zoning Sub MU Community Ctr

Direction 1st Ave to 38th St Dr SE, 1 blk behind Taco Depot

Interior

Heating Natural Gas

Cooling Office Area Only

Flooring Concrete Slab Grade

Exterior

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Phone Available, City Water

Roof Type Metal

Building

Lot Size Range One To Two Acres

Structure Type Block,Steel Or Metal

Others

Tax ID 141120401300000

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Special Listing Condition Standard

Listed by GLD Commercial Real Estate Advisors
JJ Johannes

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(319) 540-1002

jj@thejohannesgroup.com

360 White Pine Street, Robins, IA, 52328, United States

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230 38th St Dr SE