135 80th ST #1, Fairfax, IA 52228
135 80th ST #1, Fairfax, IA 52228
135 80th ST #1, Fairfax, IA 52228
135 80th ST #1, Fairfax, IA 52228
135 80th ST #1, Fairfax, IA 52228
135 80th ST #1, Fairfax, IA 52228
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$ 450,000
Est. payment | /mo

3,055 SqFt


$ 450,000
Est. payment | /mo

3,055 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 3,055 sqft

Price per Sqft $147

MLS Listing ID 2509110

HOA Y/N Yes

Total Fin. Sqft 3055

Year Built 2010

Annual Tax Amount $7,230

Lot Size 0.690 Acres

Acres 0.69

Property Sub-Type Investment

Property Description

Sale-leaseback opportunity with a well-established veterinary clinic tenant. The owner will sign a 3-year lease at $13.95/SF NNN and cover the HOA fees and property taxes. Recent updates include a new roof installed in 2025 with a 30-year warranty and new siding scheduled for completion in the spring of 2026. The property is part of a commercial condominium association, with HOA fees covering insurance, trash, lawn care, and snow removal. Conveniently located in Fairfax—an established bedroom community near Cedar Rapids—just an 8-minute drive to I-380 for quick access to the metro area. Cedar Rapids has an approximate population of 276,000 residents with a median age of 37. Contact listing agents for further details.

Location

State IA

County Linn

Area Ot-W (West Of I-380)

Zoning C-2

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air

Flooring Concrete

Inclusions Building

Fireplace No

Exterior

Utilities Available Electricity Available, Natural Gas Available

Water Access Desc Public

Roof Type Asphalt,Shingle

Building

Building Description Frame, Overhead Doors,Private Restrooms,Pole Sign,Single-Tenant

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame

Others

Tax ID 20102-52013-01000

Security Features Security Lights

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Virtual Tour https://www.propertypanorama.com/instaview/cdr/2509110

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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135 80th ST #1