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 Lot


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$ 545,000
Est. payment | /mo
Save

4,800 Sqft Lot

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202503900

Year Built 1992

Annual Tax Amount $10,006

Tax Year 2024

Lot Size 4,800 Sqft

Acres 0.92

Property Sub-Type Industrial

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

Zoning Trad Ind Mixed Use

Direction I-380 TO 33RD AVE EXIT TO J ST TO CLASSIC CAR CT SW

Interior

Heating Natural Gas

Cooling Central Air

Flooring Concrete Slab Grade

Exterior

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

Roof Type Other

Building

Lot Size Range Half To One Acre

Structure Type Block

Others

Tax ID 19042-76019-00000

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Special Listing Condition Standard

Listed by GLD Commercial Real Estate Advisors

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