3412 1st Avenue Ne

$399,000

3412 1st Avenue Ne, Cedar Rapids, IA 52402

For Sale

Mixed Use

Active

Last Updated: 02/08/2025

Details:

Building Size: 1,660 sqft

Lot Area: 0.65 acres

Year Built: 1940

Zoning: See rem

MlsNumber: 2403616

Offered by

Bill Grabe

Hedges Realty

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Jim Angstman

Hedges Realty

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Highlights:

Annual Tax: $ 4488.0

Description:

Parcel numbers for all 4 properties: 14112-27025-00000, 14113-2704-00000, 14113-27023-00000, 14113-27022-00000. Zoning for 3412, 3406, and 3400 is traditional mixed use center. Zoning for 118 34th Ave NE is Suburban Residential Medium Single Unit. Property consists of 4 parcels, the 1st Avenue Wine House is vacant and the 2 residential houses are leased to full time tenants plus a vacant lot. Redevelopment opportunity or investment income opportunity with great traffic counts just off a lighted intersection. Off street parking, rental income, access directly off 1st Avenue and great visibility.