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3203 6th Street SW Cedar Rapids, IA 52404 Commercial - Business Active

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Description

Located in the southwest industrial corridor of Cedar Rapids, this property offers a large-footprint building on acreage with physical characteristics well suited for light industrial, contractor, service, or flex operations, with the added upside of an existing income-producing entertainment use. The property consists of a 22,881 SF pre-engineered metal building (PEMB) situated on 3.256 acres, providing both building functionality and site flexibility. The structure features 14' sidewalls, approximately 20' clear height at peak, and 8-inch concrete floors, allowing for heavier-duty uses such as equipment storage, fabrication support, contractor headquarters, service/repair, indoor storage, or warehouse/flex conversion. The site offers ample on-site parking, good circulation, and an additional small green-space parcel, which could support future expansion, outdoor storage (subject to approvals), or continued customer-facing use. The building footprint and acreage are increasingly difficult to replicate in this part of the Cedar Rapids market, making this a compelling owner-user or value-add investment opportunity. Secondary use / optional continuity: The property is currently configured as a bowling alley and may continue operating as an entertainment facility for buyers seeking interim income or a hybrid operational model. Alternatively, the interior layout allows for reconfiguration to support industrial or flex use without the constraints typical of smaller retail or entertainment buildings.

Property Highlights

Property Type: Commercial - Business
Year Built: 1971
Lot Size: 3.26 acres

General Information

County: Linn
Listed By:
SKOGMAN REALTY 319-366-6427 John Beardsworth
Cedar Rapids MLS
$1,750,000
Est. $11,452/mo
Active
SQUARE FEET22,881 MLS#2600571
STATUSActive PROPERTY TYPECommercial - Business

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Ruhl&Ruhl Realtors
563.441.1776

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3203 6th Street Sw, Cedar Rapids, IA 52404.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,750,000$1,750,000$1,750,000
Down Payment $61,250$0$350,000
Monthly Mortgage Amount $10,441$10,862$8,507
Taxes $2435$2435$2435
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,050$0$0
Monthly Estimated Total $14,436$13,807$11,452

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