205 1st Ave., Coralville, IA 52241

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Property Information

$2,100,000

Estimated Monthly Payment: $7,780

20.00% down at 3.75% - Change

Commercial Building

Sq.Ft.Range 14866

ID# 20125811

Year Built: 1989

On HomeFinder.com 11/10/12

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52241 Real Estate Market Info

Median years in residence
7
Homes Owned
52.57%
Homes Rented
44.59%
Homes Vacant
2.84%

Nearby Elementary Schools

501 6th St

300 Teeters Ct

600 Koser Ave

Nearby Middle Schools

1507 8th St

1250 12th Ave

2501 Bradford Dr

Nearby High Schools

2901 Melrose Ave

1900 Morningside Dr

1528 Mall Dr

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2570 Holiday Rd., Coralville, IA 52241 Photo

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Commercial Building

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SOLD on Apr 19, 2013: $125,000

Single Family Residence

SOLD on Jan 25, 2013: $250,000

SOLD on Feb 14, 2013: $479,000

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Description

Prime location! The 14,866 SF retail investment has visibility from 1st Avenue AND 2nd Street in Coralville and has been a very popular location. Traffic counts are high with 18,000 N-S and 32,400 E-W. Income is $260,122 with expenses at $79,041 leaving a net operating income of $181,081. The cap rate is 8. 6%. Purchase at $2,100,000. This building was flooded in 2008 and has been renovated and there is just one vacancy to go for full occupancy.

Exterior Details

Lot Size
Approximately 1.41 Acres, Approximately IRREG
Features
Wood Exterior

Taxes

Tax Amount
$51,574
Tax Year
2011

Utilities

Cable Wiring
Cable TV Available
Cooling
Central Air, Central Cooling
Heating
Central Heat, Gas

Need More Information?

Lepic-Kroeger, REALTORS

P (319) 351-8811

Listing Agent: Jeff Edberg

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Coralville, IA Homes for Sale & Real Estate

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This home for sale located at 205 1st Ave., Coralville, IA 52241 has currently been listed with HomeFinder for 196 days. This property is listed by Jeff Edberg for $2,100,000. 205 1st Ave., Coralville, IA 52241 has 0 Bedrooms, 0 Bathrooms and is located in Zip Code 52241 . The list price for 205 1st Ave., Coralville, IA 52241 is $2,100,000 .
About HomeFinder.com: HomeFinder.com is a real estate search engine that helps you find homes for sale and provides rich Coralville real estate news and advice on the home buying and selling process. We provide searching of 3 million listings nationwide and also help you understand hyperlocal Coralville, IA real estate trends. You can refine your real estate search in Coralville, IA by price, number of bedrooms and bathrooms, and even more advanced search criteria such as swimming pools and golf courses. You can also modify your search by property type, including Coralville townhomes, Coralville condos and Coralville single-family homes for sale.
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