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3203 6th Street SW Cedar Rapids, IA 52404 • Commercial - Business • Active

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Description

Located in the southwest industrial corridor of Cedar Rapids, this property offers a redevelopment opportunity on 3.256 acres with a 22,881 SF pre-engineered metal building. Features include 14' sidewalls, approximately 20' clear height at peak, and 8-inch concrete floors, offering potential for industrial, contractor, warehouse, storage, service, or flex uses. Utilities are located around the exterior perimeter of the property, leaving the center of the site free of underground utilities and providing added flexibility for future development or expansion (subject to verification and approvals). **PROPERTY CONDITION:** A fire in one of the smaller additions caused direct fire damage in that area, while activation of the sprinkler system resulted in water damage throughout much of the remaining building. Significant cleanup, repairs, and restoration should be anticipated. Property is being sold strictly AS-IS, WHERE-IS, with no repairs or cleanup by seller. Buyer to conduct all inspections and verify building condition, utilities, zoning, and suitability for intended use.

Property Highlights

Property Type: Commercial - Business
Year Built: 1971
Lot Size: 3.26 acres

General Information

County: Linn
Listed By:
SKOGMAN REALTY John Beardsworth 319-366-6427
Cedar Rapids MLS
$995,000
Est. $6,838/mo
New to the Market Active
SQUARE FEET22,881 MLS#2607846
STATUSActive PROPERTY TYPECommercial - Business

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Ruhl&Ruhl Realtors
563.441.1776

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3203 6th Street Sw, Cedar Rapids, IA 52404.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $995,000$995,000$995,000
Down Payment $199,000$34,825$248,750
Monthly Mortgage Amount $5,163$6,418$6,399
Taxes $1385$1385$1385
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$597$0
Monthly Estimated Total $6,838$8,690$8,074

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