420 12th Ave SE - Office/Residential CONDO FOR SALE


Cedar Rapids, IA 52401- Downtown Cedar Rapids
$550,000-$807,500 USD
319-731-3435
420 12th Ave SE, Cedar Rapids, IA for Sale
$550,000-$807,500 USD
Office/Residential CONDO - FOR SALE
1/53
2,850-5,000 SF | Request Cap Rate

420 12th Ave SE
Cedar Rapids, IA 52401
Downtown Cedar Rapids


HIGHLIGHTS

  • Modern finishes
  • Located in established retail area

OVERVIEW

For Sale or Lease! This versatile space that reflects a modern and industrial atmosphere is perfect for retail, health providers or office users seeking a vibrant and attractive workspace in the heart of the lively NewBo neighborhood. Highlights include two entrances, security cameras, welcoming vestibule, restroom, kitchenette, large windows with UV tint, overhead sprinklers, fiber internet, two independent HVAC systems, an 8ft. overhead door and ample parking. This space is currently leased and possession is negotiable. TIF schedule of 7 years remaining at 95% will transfer to buyer. Floor 2 is also for sale and lease. An NDA is required to access financials. For showing instructions and other inquiries, please contact the listing agent.

FOR SALE DETAILS

PRICE

$550,000-$807,500 USD

CAP RATE

Request Cap Rate

# OF UNITS

2

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

19,233 SF

STORIES

5

BUILDING CLASS

B

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.37 AC

LAND SF

190,357 SF

ZONING

UNG

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Rachel WatersGLD CommercialMore Info
319-731-3435

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Rachel WatersGLD CommercialMore Info
319-731-3435

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.