255 Classic Car CT SW, Cedar Rapids, IA 52404
255 Classic Car CT SW, Cedar Rapids, IA 52404
255 Classic Car CT SW, Cedar Rapids, IA 52404
255 Classic Car CT SW, Cedar Rapids, IA 52404
255 Classic Car CT SW, Cedar Rapids, IA 52404
255 Classic Car CT SW, Cedar Rapids, IA 52404
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$ 545,000
Est. payment | /mo

4,800 SqFt


$ 545,000
Est. payment | /mo

4,800 SqFt

Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $113

MLS Listing ID 2504383

HOA Y/N No

Total Fin. Sqft 4800

Year Built 1992

Annual Tax Amount $10,006

Lot Size 0.920 Acres

Acres 0.92

Property Sub-Type Warehouse

Property Description

255 Classic Car Ct SW is a fully leased industrial investment opportunity in southwest Cedar Rapids with excellent visibility from I-380 and quick access to both Highway 30 and I-380. The 4,800 SF flex building is now 100% occupied by two established tenants—JetSet Automotive/Duffy's Classic Cars, which recently signed a new 5-year lease with annual rent increases, and Keenan Auto, secured on a new 10-year term. The property features four drive-in bays and prominent monument signage along a corridor long associated with the automotive industry.

Location

State IA

County Linn

Area Sw Quadrant

Zoning T-IM

Interior

Interior Features InteriorFeatures

Heating 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 Membrane

Building

Building Description Block,Concrete, Multi-Tenant,Overhead Doors,Pole Sign

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block,Concrete

Others

Tax ID 19042-76019-00000

Security Features Security System

Acceptable Financing Cash, 1031 Exchange, Other

Listing Terms Cash, 1031 Exchange, Other

Virtual Tour https://www.propertypanorama.com/instaview/cdr/2504383

Listed by GLD COMMERCIAL

NEARBY SCHOOL & BUSINESS

Tony Lueken

+1(319) 480-3875

tony@luekenre.com

4515 N River Blvd NE, Cedar Rapids, IA, 52411, USA

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255 Classic Car CT SW