5005 Bowling St SW, Cedar Rapids

Sale Price $1,995,000 - MLS: 202505206

This office investment is well-suited for an owner-user seeking supplemental income. The property is currently configured as a three-tenant building, with two established healthcare tenants in place occupying 58% of the space. The remaining 9,980 SF is available for an owner occupant, offering the opportunity to build equity while benefiting from existing rental income. Both tenants are regional healthcare providers with multiple locations across the Midwest.

      
Directions: On Hwy 30 take the Bowling Street exit then turn right on 50th Avenue Drive SW. The building is on your immediate right. Located on the SE corner of Bowling Street and 50th Avenue Drive SW.

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Property Details

MLS #: 202505206
Sale Price: $1,995,000
Year Built: 1999
Sq Ft: 17285.0
Business: Office Building
Construction: Brick
Floor Type: Concrete Slab Grade, Carpet
Financing:
Utilities: Electricity Available, Natural Gas Available, Sewer Available, City Water
Acreage: 2.84
Lot:
Frontage: County Road, Paved
Energy Generation:
Heat/Cooling: Central, Central Air

Information deemed reliable but not guaranteed

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Who To Contact

Edge Realty Group 319-351-3355   info@edge-realtygroup.com

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 Listing Office: GLD Commercial Real Estate Advisors - Agent: Angie Glick - Information furnished by Iowa City Area Association of Realtors