Contact us: 563.441.1776
Description
Historic, renovated 8 story and 2 story office buildings in the center of downtown revitalization. Many floors and common areas remodeled with long term track record of 85-95% occupancy. Connection to skywalk system plus several tenant amenities. Renovation project recently completed to create ADA restrooms and access, as well as exterior painting of windows, canopy/soffit, new roof and fire escape update. Great opportunity for continued revenue growth. NDA required for qualified buyers. Owners are licensed Real Estate Agents in Iowa.
Property Highlights
Property Type: Commercial - Office
Building Description: 8.0 stories
Year Built: 1918
General Information
County: Linn
Listed By:
SKOGMAN REALTY
John Beardsworth
319-366-6427
Cedar Rapids MLS
MLS ID: 2600222
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118 3rd Avenue Se, Cedar Rapids, IA 52401.
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563-441-1862
toll free 866-441-1862
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,975,000 | $1,975,000 | $1,975,000 |
| Down Payment | $69,125 | $0 | $395,000 |
| Monthly Mortgage Amount | $12,739 | $13,592 | $10,913 |
| Taxes | $2749 | $2749 | $2749 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $1,186 | $0 | $0 |
| Monthly Estimated Total | $17,250 | $16,917 | $14,238 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/25/2026. The listing information on this page last changed on 10/25/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 10/25/2026 4:21:28 AM EST) or MRED MLS (last updated Sun 10/25/2026 2:36:27 AM EST) or SCWMLS (last updated Sat 10/24/2026 11:55:29 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sat 10/24/2026 10:18:58 PM EST) or Cedar Rapids MLS (last updated Sat 10/24/2026 10:44:17 PM EST) or NEIRBR MLS (last updated Sun 10/25/2026 1:18:44 AM EST) or ICAAR MLS (last updated Sat 10/24/2026 11:37:27 PM EST) or ECIMLS (last updated Sat 10/24/2026 11:44:36 PM EST) or RMLSA (last updated Sun 10/25/2026 1:10:59 AM EST) or Muscatine MLS (last updated Sun 10/25/2026 2:00:12 AM EST) or No Coast MLS (last updated Sun 10/25/2026 12:44:24 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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