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515 7th Avenue SE Cedar Rapids, IA 52401 • Commercial - Office • Active

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Description

High-quality, all-masonry medical building is ideally situated in the Central Med-Q district with excellent visibility from 8th Avenue SE and seamless access from I-380, the Central Business District, and the vibrant NewBo area. This turnkey facility, perfect for chiropractors, physical therapists, dentists, orthodontists, or other small medical users, features four exam rooms, open triage areas with curtains, a reception area with nurses’ stations, and an X-ray room, complemented by generous parking. Building could also easily convert to traditional office. The location benefits from a traffic count of approximately 17,000 vehicles daily on 8th Avenue, driven by proximity to Mercy Medical Center and UnityPoint Health-St. Luke’s Hospital. Amid ongoing developments like the $36 million project, this property offers a prime opportunity to own a facility in a high-traffic, accessible hub!

Property Highlights

Property Type: Commercial - Office
Building Description: 1.0 stories
Year Built: 2004

General Information

County: Linn
Listed By:
Skogman Realty Co Tiffany Earl Williams-WSG CRE 319-363-8286
Cedar Rapids MLS
$14.95 / /per sqft
Est. $9,012/mo
Active
SQUARE FEET3,706 MLS#2504413
STATUSActive PROPERTY TYPECommercial - Office

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Shown By

Agent Name: Callie Miller
 Agent Phone: (563) 676-9109
 Agency Title: Ruhl&Ruhl Realtors
 Agent Email:

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515 7th Avenue Se, Cedar Rapids, IA 52401.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,250,000$1,250,000$1,250,000
Down Payment $43,750$0$250,000
Monthly Mortgage Amount $8,063$8,603$6,907
Taxes $1740$1740$1740
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $750$0$0
Monthly Estimated Total $10,918$10,708$9,012

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