2824 1st Ave NE - Convenience Store FOR SALE


Cedar Rapids, IA 52402
$1,150,000 USD
952-852-9767
2824 1st Ave NE, Cedar Rapids, IA for Sale
$1,150,000 USD
Convenience Store - FOR SALE
1/4
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2824 1st Ave NE
Cedar Rapids, IA 52402


HIGHLIGHTS

  • Gas Station Business & Real Estate For Sale in the Cedar Rapids MSA
  • ±151,105 Residents Within a Five-Mile Radius
  • Car Wash Operational But Currently Not in Use
  • Excellent Location ±5 From Lindale Mall, Mount Mercy University, Elmrest Country Club, Downtown Cedar Rapids, and Other Points of Interest
  • Highly Visible Hard-Corner Location Along 1st Ave NE and 29th St Ave - Accessible by a Combined ±25,600 Cars per Day
  • Easily Accessible on 1st Ave NE, Providing Direct Route to Downtown Cedar Rapids

OVERVIEW

Marcus and Millichap is pleased to present for sale a Shell Gas Station located in the Cedar Rapids metropolitan area. Accessible by nearly 25,600 cars per day along 1st Ave NE and 29th St, the subject property is conveniently located along a major thoroughfare, providing a direct route into downtown Cedar Rapids. Cedar Rapids is the second-largest metropolitan area in the state, and there are approximately 151,105 residents within a five-mile radius of the property. The subject property is located a short four-minute drive from Mount Mercy University, home to over 1,400 students. Also located in close proximity to the subject property are Lindale Mall, Clark Field Stadium, Mercy Medical Center, and Coe College.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$807 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Shell Gas Station

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

C-2

APN/PARCEL ID

14142-27001-00000

ASK ABOUT THIS PROPERTY

Jon RuzickaMarcus & MillichapMore Info
952-852-9767

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Jon RuzickaMarcus & MillichapMore Info
952-852-9767

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.