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5925 Council Street NE Cedar Rapids, IA 52402 Commercial - Office Pending

Pending
  • 5925 Council Street Ne, Cedar Rapids, IA 52402 Main Photo

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Description

Exceptional Value! 15,740 SF office property at only $79.42 SF. Refreshed façade and new roof in 2023. Situated on 1.42 acres close to the intersection of Council St. and Blairs Ferry. Served by eight individual HVAC systems to accommodate climate zoning, ease of maintenance, and lower cost to service. 70 parking stalls. Your choice of internet providers; Mediacom, CenturyLink, and ImOn. All but one tenant is month to month allowing maximum flexibility for the new owner. 48-hour notice to show.

Property Highlights

Property Type: Commercial - Office
Building Description: 1.0 stories
Year Built: 1992
Lot Size: 1.42 acres

General Information

County: Linn
Listed By:
SKOGMAN REALTY COMMERCIAL 319-363-8286 Brian Rosteck
Cedar Rapids MLS
$1,095,000
Est. $8,553/mo
Pending
SQUARE FEET15,740 MLS#2408178
STATUSPending PROPERTY TYPECommercial - Office

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Ruhl&Ruhl Realtors
563.441.1776

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5925 Council Street Ne, Cedar Rapids, IA 52402.

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Loan Type FHA 30 Year Fixed15 Year FixedVA 30 year fixed
Purchase Price $1,095,000$1,095,000$1,095,000
Down Payment $38,325$273,750$0
Monthly Mortgage Amount $6,533$6,710$6,796
Taxes $1524$1524$1524
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $657$0$0
Monthly Estimated Total $9,033$8,553$8,639

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