640 Blairs Ferry Rd NE - Churches FOR SALE


Cedar Rapids, IA 52402 | 
$1,100,000 USD
319-731-3412
640 Blairs Ferry Rd NE, Cedar Rapids, IA for Sale
$1,100,000 USD
Churches - FOR SALE
1/15
null | Request Cap Rate

640 Blairs Ferry Rd NE
Cedar Rapids, IA 52402


OVERVIEW

Prime investment opportunity with Blairs Ferry Road frontage in Cedar Rapids, IA. This property is 3.25 acres and is well suited for another church or educational setting, but also lends itself to a redevelopment opportunity, offering versatility for a range of potential uses. The church building on site is 7,486 sqft and features a sanctuary, classroom space, office space, reception area, restrooms. Traffic counts in excess of 25,000 per day. This site is situated in between C Ave NE and Council St. NE, with quick proximity to Highway 100. Surrounding neighbors include Collins Aerospace, Target, and a variety of retail companies, and residential neighborhoods. Current zoning is 'Suburban Residential Large Lot' and the Cedar Rapids Future Land Use map calls for 'Urban Medium Intensity.'

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$147 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

3.25 AC

LAND SF

141,570 SF

ZONING

S-RLL

APN/PARCEL ID

14031-03009-00000

ASK ABOUT THIS PROPERTY

Erica SeelmanGLD CommercialMore Info
319-731-3412

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Erica SeelmanGLD CommercialMore Info
319-731-3412

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