619 20th SW Ave Cedar Rapids, IA 52404-5520
- Banks
- 2,603 SF
- 0.51 lot acres
Current Use by Public Records
- Linn Area Credit Union / Credit Union / Atm
Property Details for 619 20th SW Ave
- Year built
- 1969
- Lot size
- 0.51 lot acres
- Property size
- 2,603 SF
- Property type
- Banks
- APN
- 14-32-1-79-001-0-0000
- APU
- 143217900100000
Description
This 2,603 sq ft Cedar Rapids office building, situated on a 0.51-acre lot, presents a unique investment opportunity. Previously a bank and office, the property boasts a flexible layout including an open floor plan, a large former workout/conference room, two restrooms (one with a shower), a spacious breakroom, and a mechanical/storage room. A key feature is the two-lane drive-thru window with a protective canopy, ideal for various businesses. Ample parking is provided with 26 spaces and three convenient entry points. The building, constructed in 1969, is zoned for Traditional Mixed Use Center and includes two parcels (APN: 14321-79001-00000 & 14321-79002-00000). The asking price is $375,000, translating to $144.06 per square foot. This single-story building offers a blend of traditional and creative office space, making it suitable for a wide range of commercial uses. The property's history as a bank and office provides a solid foundation for future success.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.6777
- Latitude
- 41.9584
- CBSA code
- 16300
- CBSA name
- CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
