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305 2nd Street SE #5th Floor, Cedar Rapids, IA 52401

Price: $8.95 per SF

Price: $759,500.00

Property

Subtype: Commercial

Area: SE Quadrant

Lot Size: 0

Acres: 0.0000

Year Built: 1927

Zoning: C-4

Gross Tax: 22,919

County: Linn

Utilities

Electric, Gas

Heating: Central Air,Central Heat,Gas Heat

Cooling: Central Air,Central Heat,Gas Heat

Power Available: 220 Volt

Building

Minimum Sq Ft for Lease: 7,285

Maximum Sq Ft for Lease: 7,285

Total Building Sq Ft: 7,285

Floor Type: Concrete Slab

Lease Terms

Lease Type: NET

Lease Price per Sq Ft: $8.95

Tenant Pays: Re Tax, Insurance, CAM, Improvment, Janitorial, Heating, Water, Electricity, Trash Collection

A great chance to purchase the entire top floor of the historic Paramount Building! Great views of downtown Cedar Rapids. Features include: Newer finishes, fully furnished, with 10 large perimeter offices currently set up with 2 work stations each, 22 interior work stations, reception area, 2 conference rooms, 2 break rooms, 2 IT rooms. High end finishes throughout, including the common areas. An investor could also lease this space almost right down the middle with approximately 3,640 sq. ft. available to each tenant. Lease rate is 1st year incentive. Years 2 & 3: $9.95/SF

Listing Agent: Matt Sedrel Office: SKOGMAN REALTY CORRIDOR Data courtesy of Cedar Rapids Area Association of Realtors MLS