10
See all 10 photos
$545,000
Est. payment /mo
4,800 Sqft Lot
Active
255 Classic Car Ct SW Cedar Rapids, IA 52404
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Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202503900
Year Built 1992
Annual Tax Amount $10,006
Tax Year 2024
Lot Size 4,800 Sqft
Acres 0.92
Property Sub-Type Industrial
Property Description
255 Classic Car Ct SW is a fully leased industrial investment opportunity in southwest Cedar Rapids with excellent visibility from I-380 and quick access to both Highway 30 and I-380. The 4,800 SF flex building is now 100% occupied by two established tenants—JetSet Automotive/Duffy's Classic Cars, which recently signed a new 5-year lease with annual rent increases, and Keenan Auto, secured on a new 10-year term. The property features four drive-in bays and prominent monument signage along a corridor long associated with the automotive industry.
Location
State IA
County Linn
Zoning Trad Ind Mixed Use
Direction I-380 TO 33RD AVE EXIT TO J ST TO CLASSIC CAR CT SW
Interior
Heating Natural Gas
Cooling Central Air
Flooring Concrete Slab Grade
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, City Water
Roof Type Other
Building
Lot Size Range Half To One Acre
Structure Type Block
Others
Tax ID 19042-76019-00000
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Special Listing Condition Standard
Listed by GLD Commercial Real Estate Advisors
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