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135 80th Street , #1

Fairfax, IA 52228
  • $450,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 2509110
UPDATED: 26 min ago
$450,000
  • 0
    BEDS
  • 0.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,055
    SQFT
  • $147
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2010
County:

School Ratings & Info

Description

Sale-leaseback opportunity with a well-established veterinary clinic tenant. The owner will sign a 3-year lease at $13.95/SF NNN and cover the HOA fees and property taxes. Recent updates include a new roof installed this year with a 30-year warranty and new siding scheduled for completion by the end of November 2025. The property is part of a commercial condominium association, with HOA fees covering insurance, trash, lawn care, and snow removal. Conveniently located in Fairfaxan established bedroom community near Cedar Rapidsjust an 8-minute drive to I-380 for quick access to the metro area. Cedar Rapids has an approximate population of 276,000 residents with a median age of 37. Contact listing agents for further details.

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© 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2025-11-15T09:42:37.767.
www.realtybrotherscr.com/homes/169595497
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135 80th Street , #1 Fairfax, IA 52228

  • Price: $450,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 26 min ago
  • MLS #: 2509110
0
Beds
0
Baths
0
½ Baths
0.69
Acres
3,055
SQFT
$147
$/SQFT
2010
Built
Neighborhood:
OT-W (West Of I-380)
County:
Linn
Area:
OT-W (West Of I-380)
Property Description
Sale-leaseback opportunity with a well-established veterinary clinic tenant. The owner will sign a 3-year lease at $13.95/SF NNN and cover the HOA fees and property taxes. Recent updates include a new roof installed this year with a 30-year warranty and new siding scheduled for completion by the end of November 2025. The property is part of a commercial condominium association, with HOA fees covering insurance, trash, lawn care, and snow removal. Conveniently located in Fairfaxan established bedroom community near Cedar Rapidsjust an 8-minute drive to I-380 for quick access to the metro area. Cedar Rapids has an approximate population of 276,000 residents with a median age of 37. Contact listing agents for further details.
Exterior Features

Construction Materials Frame Roof Asphalt Shingle

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Flooring Concrete Heating Central Heating YN Yes Levels One

Property Features

Association YN Yes Building Features Overhead Doors Private Restrooms Pole Sign Single- Tenant Electric 220 Volts Inclusions Building Lease Considered YN No Listing Terms Cash1031 Exchange Possession Negotiable Property Sub Type Investment Property Sub Type Additional Investment Security Features Security Lights Sewer Public Sewer Tax Annual Amount 7230 Utilities Electricity Available Natural Gas Available Water Source Public Zoning C-2 Zoning Description C-2

Listing information © 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Angie Glick of GLD COMMERCIAL: 319-731-3400.
© 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2025-11-15T09:42:37.767.
 
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Rosekrans Stines Team | RE/MAX Concepts
5235 Buffalo Ridge Dr
Cedar Rapids IA, 52411