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1700 Naoma Drive SW Cedar Rapids, IA 52404 • Commercial - Office • Active

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Description

Situated on approximately 1 acre with 45 paved on-site parking spaces, this adaptive reuse opportunity features a large Assembly Area with stage and seating for approximately 120 people, plus a 2006 addition of a Kitchen and Community Room with seating for approximately 80 people and service access. Additional features include a Lobby/Reception Area, two Storage/Flex Rooms with exterior access, ADA-compliant Men's and Women's Restrooms, a Mother's Room, shower facility, multiple entrances, and a flexible interior layout. Located in a private end-of-street setting minutes from Highway 30 and Interstate 380, the property offers convenient access throughout the Cedar Rapids metro area. Zoned T-IM (Traditional Industrial Mixed Use), it provides flexibility for religious, cultural, educational, nonprofit, office, event, food-service, and redevelopment opportunities. Buyer to verify intended use, occupancy requirements, zoning compliance, and necessary approvals.

Property Highlights

Property Type: Commercial - Office
Building Description: 1.0 stories
Year Built: 1977

General Information

County: Linn
Listed By:
SKOGMAN REALTY Rikita Jain 319-366-6427
Cedar Rapids MLS
$525,000
Est. $3,436/mo
New to the Market Active
SQUARE FEET4,575 MLS#2604069
STATUSActive PROPERTY TYPECommercial - Office
TOUR PROPERTY

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Agent Name: Emily Mengler
 Agent Phone: (563) 271-6472
 Agency Title: Ruhl&Ruhl Realtors
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1700 Naoma Drive Sw, Cedar Rapids, IA 52404.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $525,000$525,000$525,000
Down Payment $105,000$18,375$131,250
Monthly Mortgage Amount $2,552$3,174$3,243
Taxes $731$731$731
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$231$0
Monthly Estimated Total $3,436$4,289$4,127

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