123 5th Street SE Cedar Rapids IA, MLS 2404204

123 5th Street SE, Cedar Rapids, IA 52401

MLS Number: 2404204 | Subtype: Commercial | Area: SE Quadrant

$ 12.75 /SF

$ 3,200,000

Invest in an iconic piece of Cedar Rapids history with this renovated 32,256 SF office building. Originally constructed by the Palmer School of Handwriting in 1903 and updated in 2010, this property blends historic charm with modern functionality. Premier leasing opportunity with approximately 8,000 SF per floor. Enjoy abundant light, open floor plans, and state-of-the art facilities designed to enhance productivity and comfort. Prominent location in the heart of downtown Cedar Rapids with excellent visibility and accessibility. Enjoy the convenience of nearby restaurants, making it a convenient location for employees and clients. With its central location, the area provides an ideal setting for businesses seeking a dynamic and engaging office environment.

Property

County: Linn
Lot Size: .193 Ac
Acres: 0.1930

Year Built: 1903
Zoning: UFD
Gross tax: $67,222.00

Building

Total Building SF: 32,256
Ceiling Height: 7ft-10ft

Utilities

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

Lease Terms

Lease Type: Net
Lease Price per SF: $12.75
Tenant Pays: Common Area Maintenance, Electricity, Gas, Heat, Insurance, Janitorial Service, Taxes, Trash Collection, Water

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123 5th Street SE, Cedar Rapids, IA 52401

Property

Building

Utilities

Lease Terms

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