2739 6th SW St Cedar Rapids, IA 52404-4001
This vacant, two-story, 4,020 square foot building in Cedar Rapids, Iowa, presents a unique investment opportunity. Located at 2739 6th St SW, this Class B property sits on a 0.587-acre lot and boasts 35 on-site parking spaces. Previously a veterinary clinic, the flexible layout allows for diverse uses, including retail, office, or medical spaces. The main level offers 2,870 square feet, complemented by an additional 1,150 square feet of finished space in the walk-out lower level (per assessor; buyer to verify). The building was constructed in 1969 and is zoned for Traditional Mixed Use Center. The asking price is $382,000, translating to $95.02 per square foot. This high-traffic location offers excellent visibility with limited competition in the southwest area. A contract sale may be possible for a qualified buyer. The property's APN is 14333-52016-00000 and is situated in Linn County, Iowa, zip code 52404.
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Kahler Linda DVM Veterinary Clinic
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Noel Becky DVM Veterinary Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.