Back to list

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

MLS Number: 1800438   |   Subtype: Commercial   |   Area: SE Quadrant
$ 6.00 /SF
$ 449,000
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

Property

  • County: Linn
  • Lot Size: Common
  • Acres: 0.0000
  • Year Built: 1927
  • Zoning: C-4
  • Gross tax: $22,919.00

Building

Total Building SF: 7,285

Utilities

Utilities: Electricity Available, Natural Gas Available
Heating/Cooling: Central Heat, Gas Heat, Central Air
Water Source: City Water
Sewer: City Sewer

Lease Terms

Lease Type: Net
Lease Price per SF: $6.00
Tenant Pays: Common Area Maintenance, Electricity, Heat, Insurance, Janitorial Service, Taxes, Trash Collection, Water

IDX information is provided exclusively for customers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which consumers may have an interest. The data provided is deemed reliable but is not guaranteed accurate by the MLS, GLD Commercial and/or its affiliates.