619 20Th AveCedar Rapids, IA 52404

  • Banks
  • 2,603 SF
For Sale
$375,000 View listing

Property Details for 619 20Th Ave

Year built
1969
Lot size
0.51 AC
Property size (Sq ft)
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.

Location Insight

City
Cedar Rapids
County
Linn
State
Iowa
Latitude
41.9584
Longitude
-91.6777
CBSA code
16300
CBSA name
CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$11,990
$134,400
$221,900
$356,300
-
$134,400
$221,900
$356,300

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